Congratulations to Trump on officially being elected as the President of the United States of America.

He is also the first U.S. President to openly support Bitcoin and cryptocurrencies. BTC is about to embark on a journey across the galaxy.

The U.S. presidential election votes are gradually ending, and now the results are coming out one after another. It is a very exciting moment because with Pennsylvania turning red, Trump's inauguration is basically confirmed. The Democratic Party will have a hard time resisting Trump's entry into the White House (unless assassination).

Secondary market dominates the U.S. presidential election market:

Today we still focus on the usa election, bitcoin's second level has been activated since last night and has already successfully broken through a new high. It seems like someone knew the answer in advance.

Bitcoin has an independent market, meme has an independent market:

The strongest is BTC, undoubtedly. Trump's speech at the Bitcoin conference before has injected confidence into the market with promises to BTC, and now it has won. Both institutions and ordinary users will go crazy buying.

Next is DOGE, which has a very strong connection with Musk. Especially after this round of assistance from Trump, the direct connection will be stronger. I estimate that there will be payment solutions on x in the future, so it's bullish for DOGE in the long term.

Apart from these two, there are also some meme coins on the chain, such as:

Mage Trump Pnut dealt damage, with a focus on Pnut. To a certain extent, the squirrel also helped Trump win the election, so Trump's victory will be a very strong narrative meme in the future.

Finally, keep it up, the bull market is starting, and the on-chain market fluctuations will be even more crazy.

How will the future market trend unfold?

Let's review the trend of BTC market. Starting from November, Trump's chances of winning began to decline, while Harris's chances of winning began to rise, followed by Bitcoin's price starting to fall from its peak.

From this set of data, we conclude:

When Trump has a high winning rate, it is bullish for the crypto market and bitcoin prices rise.

When Harris has a high winning rate, it is bearish for the crypto market and bitcoin prices fall.

This is a reflection of market sentiment. Of course, I do not understand politics, nor do I know the political situation in the USA. At the same time, I believe that politics is dark, darker than the financial markets, and the manipulations within are unknown to us. But I understand trading, understand market sentiment, and it can truly help provide us with a trading strategy.

Based on historical data, after each presidential election, the risk markets tend to continue to rise for approximately three months. It is likely the same this time, especially with the commitment of a 'president'. Therefore, I think it may cause some short-term fluctuations, but with Trump's election, there will be a better outlook.

First, we need to understand why the price of bitcoin rises when Trump's winning percentage increases?

It is because Trump promised many bullish policies for cryptos during his campaign, siding with crypto users. Therefore, the market believes that Trump's election will bring new support to the crypto market, leading to an increase in coin prices.

The current market sees Trump's potential presidency as mainly positive in terms of emotions. From the perspective of the president's winning percentage, the market's rise has already discounted Trump's victory in advance.

Based on this perspective, I believe:

After Trump wins, it will initially release the sentiment of the crypto market, drive short-term price surges, but the sustainability is not strong (after all, driven by sentiment), then early profit-taking will lead to a price decline, sentiment will fade, followed by adjustment waiting for the market to choose a new direction. (You can refer to the market situation when BTC ETF was approved at that time)

What else can we look forward to after the election ends?

The election is actually just one factor in the cycle, not even the most important factor. In trends and cycles, other foreseeable factors include:

A. The impact of the BTC halving cycle often falls within the timeframe of the election.

B. FASB will officially take effect in December 2024.

C. In 2025, there will definitely be a resubmission of SAB121, and this time the approval rate will be very high.

D. More importantly, the Fed's monetary policy has shifted from monetary tightening to monetary easing.

All of these are events that will happen in Q4 2024 and Q1 2025, and even the monetary policy itself is continuous. An accommodative monetary policy will continuously increase investors' risk appetite and significantly help stimulate liquidity in the market.

We are heading towards an unprecedented bull market in the future, with Trump + Musk endorsing cryptos, a luxurious bull market with CZ's return, let's meet at the peak!