The inauguration of Donald Trump may affect the crypto market by changing regulatory policies, which is important for investor sentiment.
Analysis of the situation:
1. Market growth:
Bitcoin is growing, but its dominance is being restrained by the altcoin season.
The altcoins are starting to become more active, but an additional push is needed for a large-scale rally.
2. Inauguration as a marker:
Potential cryptocurrency-friendly policies could spur growth.
The market reacts to economic initiatives and tax changes.
3. Why it's not time to sell:
The market is just recovering, the peak of profits is still ahead.
The off-season may peak closer to the middle of the cycle.
Action plan:
Keep an eye on events and market reaction.
Hold assets in anticipation of better conditions for sale.
Analyze trading volumes and BTC dominance to determine the start of the alt-season.
Trump's inauguration may be a catalyst, but it is also important to take into account technological updates and regulatory changes.