As of October 27, the statistics of BTC, ETH, and TON on the TrendX platform are as follows:
The number of BTC discussions last week was 12.74K, down 12.59% from the previous week; the price last Sunday was $68,532, up 2.13% from the previous Sunday.
ETH had 3.96K discussions last week, up 9.21% from the previous week; the price last Sunday was $2,520, up 1.69% from the previous Sunday.
TON had 906 discussions last week, down 15.43% from the previous week; the price last Sunday was $4.99, up 0.83% from the previous Sunday.
As the 2024 US election approaches, investors are paying more and more attention to market dynamics, especially the prospects of 암호화폐 assets such as Bitcoin. The price of Bitcoin has exceeded $69,000, and the markets expectations for its continued rise have increased. Trumps election prospects are promising, and the policy support he may bring has made the crypto industry full of hope and attracted investors from Wall Street to participate. Against this backdrop, more and more individual investors are beginning to seize investment opportunities with the help of AI trading tools.
Trump is leading in the US election approval rating. What are the related favorable stocks?
With only two weeks left before the US election, the balance of victory seems to be tilting towards Trump. On Polymarket, Trumps chances of winning the election have risen to 64.5%, nearly 30 percentage points ahead of Harris. In particular, in order to campaign, Mr. Trump, a natural internet celebrity, appeared at McDonalds and played the role of a French fry waiter, a low-level job. This move sparked heated discussions across the Internet.
Trumps current advantage is nothing more than exciting for most of his colleagues in the crypto industry. During the 2024 campaign, the Trump team proposed to strengthen the United States leadership in global cryptocurrency regulation. This supportive attitude has brought great positive information to the market. Many investors believe that if Trump is re-elected, it may bring more policy support and development space to the cryptocurrency industry.
Recently, Goldman Sachs, JPMorgan Chase, Deutsche Bank and others have also collectively spoken out, and Wall Streets smart money has begun to all in on the Trump trade. This refers to a series of investment operations made by investors based on Trumps policy expectations, usually including shorting long-term government bonds, going long on cryptocurrencies, and investing in riskier stocks, such as small-cap stocks.
Let us summarize the recent Trump-related favorable targets and their dynamics:
MEME Series
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Trump concept coins: FIGHT, TRUMP, STRUMP, MAGA, TREMP, DMAGA, FREE
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Musk concept coins: DOGE, TERMINUS
NFT Series
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First series Donald Trump Digital Trading Card
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Second Series: “Trump Digital Trading Cards Series 2”
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Series 3: “MugShot Edition”
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Series 4: America First Collection
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World Liberty Financial (WLFI)
WLFI is a crypto project initiated by the Trump family that will build lending services, including a credit account system built on the Aave and Ethereum blockchains, and the cryptocurrency WLFI.
On October 15, the project was publicly sold, and data showed that the funds raised exceeded 12.5 million US dollars. The Trump family will receive 75% of the net proceeds of the project.
Previously proposed to launch using Aave V3 on the Ethereum mainnet, WLFI also plans to allocate 20% of the protocol interest to the Aave ecosystem reserve.
Scroll co-founder Sandy Peng becomes an advisor to WLFI, and the project plans to expand to Scroll as well.
StakeStone is a full-chain LST liquidity protocol. On October 15, StakeStone announced liquidity cooperation with the Trump familys crypto project WLFI.
Bitcoin price breaks through $69,000, will it continue to rise in the future?
The price of Bitcoin has rebounded recently, breaking through $69,000, and the market is increasingly expecting a new round of bull market. The reasons for this wave of price rebound can be attributed to the following points:
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시장 confidence restored: Investors are once again optimistic about Bitcoin as a safe-haven asset.
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Increased institutional investment: The approval of ETFs has brought a large amount of funds into the market.
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The Federal Reserve cuts interest rates: The interest rate cut policy has boosted investment enthusiasm.
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Supply reduction: Bitcoin’s fixed supply and halving mechanism support price increases.
The market generally believes that Bitcoin spot ETFs will become a key factor in driving Bitcoin prices and the overall crypto market in 2024. According to Glassnode data, about $70 billion in new funds are expected to flow into the market through these newly launched Bitcoin ETFs. At the same time, the markets optimistic expectations that the Federal Reserve may lower the benchmark interest rate may further drive up the price of the currency. Some analysts predict that by the end of 2024, the price of Bitcoin may reach as high as $110,000.
Seize investment opportunities more accurately with AI trading tools
In the second half of 2024, in addition to the uncertainty of the US election and global financial markets, the rapid development of blockchain and artificial intelligence technologies will also create new opportunities for investors. For individual investors, facing so many complex factors, it is particularly important to choose efficient and reliable investment tools. With the advancement of artificial intelligence technology, the role of AI trading tools in the financial market has gradually become important. The following are the important roles that AI plays in trading:
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Data analysis: Analyze market data, predict trends, and assist in decision making.
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Risk assessment: monitor risks, predict extreme events, and optimize risk management.
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Investment advice: Provide personalized investment advice and consulting services.
By comparing the different dimensions of AI trading and conventional trading, the paper clearly demonstrates the huge potential and advantages of AI in the field of trading. It covers key aspects such as market analysis speed, decision-making process, risk management, market response efficiency, learning and adaptability, transaction costs, execution time, and profitability, and reveals how AI can improve trading efficiency and profitability through automation and intelligence, while reducing risks and costs.
In today’s fast-paced financial market, AI-assisted trading is gradually becoming a new favorite among investors and traders. There are also many projects with outstanding AI trading performance in the market, such as TrendX
TrendX is an innovative trading platform that combines artificial intelligence technology, focusing on predicting market trends and automatically executing transactions through AI to help investors optimize their returns. Its AI advantages are reflected in its powerful data processing capabilities, intelligent algorithms and automated trading strategies, allowing users to take the lead in the ever-changing market.
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AI-driven market trend forecasting: Using big data and machine learning, it automatically analyzes historical and real-time market data, predicts trends, and captures trading opportunities in advance.
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Intelligent automatic trading system: Provides AI automatic trading function. After the user sets the strategy, the system automatically executes transactions according to market changes to improve efficiency and accuracy.
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Personalized investment advice: Provide customized investment strategies based on users’ investment preferences and risk tolerance, optimize investment portfolios, and achieve stable returns.
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Risk management and forecasting: Real-time monitoring of market fluctuations and risk factors, timely issuance of warnings, and helping users avoid potential risks.
Research Report
요약하다
2024 will still be full of uncertainties, and the global political and economic landscape and technological innovation will drive rapid changes in the market. Looking forward to the future bull market, with the continued rise of crypto assets such as Bitcoin and potential policy support, market confidence will be further enhanced. As investors, we need to update information in a timely manner, keep up with the cutting-edge level, and use smart trading tools to help us find opportunities in volatile markets to achieve better investments and higher returns.
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This article is sourced from the internet: Looking ahead to the bull market through the US election: How to use AI trading to help seize new opportunities? | TrendX Research Institute
Original | Odaily Planet Daily ( @OdailyChina ) Author | Asher ( @Asher_0210 ) Recently, in social media and major crypto communities, in addition to discussing the price trend of BTC, discussions about altcoins have mainly focused on the following topics: “This Meme coin has just been launched, with a market value of a few hundred thousand dollars. Is it worth buying?” “This meme coin went up 10 times, and then it was cut in half in a few minutes. Can it continue to rise?” “This meme coin was on the train in the early days, and I ran away after it increased 5 times, and then it increased 10 times again, and I felt bad, so I sold it out.” “ApeChain mainnet is online. Go and jump over APE…