Trump Election to Propose Adding BTC to the National Strategic Reserve: favorable for BTC, skeptical of ETH

With the election of Donald Trump on November 7, the sentiment in the global cryptocurrency market has changed significantly. It is widely believed by several experts that Trump's policy of insisting on embracing BTC will have a positive impact on it and is expected to drive its adoption as a strategic national reserve. However, he has not shown the same interest in ethereum (ETH), and has even made it clear on a number of occasions that he is skeptical about its prospects, which is certainly a lost moment for long-time ETH holders. Under Trump, the crypto market is set to return to its preference for BTC's store-of-value attributes, while ETH's decentralized applications and smart contract capabilities are likely to come under greater regulatory pressure. In particular, ETH's shift from Proof of Work (PoW) to Proof of Stake (PoS) has not only led to a split in the community consensus, but has also led to a prolonged slump in the coin's price, significantly reducing its market appeal. Several experts believe that while the election of Trump has undoubtedly provided a shot in the arm for the cryptocurrency market, led by BTC, current ETH holders will need to reassess the current status of their positions, and long-term holders may need to drastically reduce their holdings to cope with future market volatility. As a large number of holders reduce their holdings, the price of ETH is also bound to face sharp fluctuations. Investors should pay close attention to market dynamics and adjust their strategies in a timely manner to capitalize on the upcoming opportunities and challenges.