Trump's election plans to include BTC in the national strategic reserve: good for BTC, skeptical of ETH

With the election of Trump, the sentiment in the global cryptocurrency market has changed significantly. Many experts generally believe that Trump’s policy of embracing BTC will have a positive impact on BTC and is expected to promote its adoption as a national strategic reserve. However, he did not show the same interest in Ethereum (ETH), and even expressed clear doubts about its development prospects on some occasions. This is undoubtedly a lost moment for long-term holders of ETH. Under Trump, the crypto market will return to favoring BTC’s store-of-value properties, while ETH’s decentralized applications and smart contract capabilities may face greater regulatory pressure. In particular, ETH's shift from Proof of Work (PoW) to Proof of Stake (PoS) not only led to a split in the community consensus, but also caused a long-term sluggish price of the currency, significantly reducing its market appeal. Many experts believe that for the cryptocurrency market led by BTC, Trump's election has undoubtedly injected a shot in the arm, but current ETH holders need to re-evaluate their current position, and long-term holders may need Significantly reduce holdings to cope with future market fluctuations. As a large number of holders reduce their holdings, the price of ETH is bound to face violent fluctuations. Investors should pay close attention to market dynamics and adjust strategies in a timely manner to seize upcoming opportunities and challenges.