Although the market looks in a very promising condition, but it seems no really bringing big impact for all coins. Some coins are decreasing today, Bitcoin only increased a bit. Meanwhile SOL and TRUMP coin which can increase high today. We expect Bitcoin to hit a new ATH but it seems very difficult to cross $108k. Instead of hitting a new ATH, Bitcoin dropped to $104k now. Well, we may already speculate a wrong way about Trump inauguration. In fact, it doesn't bring a very significant impact.
Perhaps the impact of the inauguration had already been priced in, as we witnessed the impressive rise of BTC right after Trump defeated Harris in early November 2024. At the moment, I'm glad we didn't see a BTC sell-off when Trump took office, which means investors continue to choose to trust Trump and this uptrend.
Everything takes time to be implemented. I'm waiting for official announcements about Trump's decisions regarding crypto next week. I think they will be very positive, enough to pump BTC price past 110K USD
