Looking Ahead to the Bull Market Through the U.S. Election: How to Use AI Trading to Seize New Opportunities? | TrendX Research Institute

10/28/2024·2months ago

As of October 27th, the TrendX platform's data statistics for BTC, ETH, and TON are as follows:

BTC had 12.74K discussions last week, a 12.59% decrease from the previous week; the price on Sunday was $68,532, a 2.13% increase from the previous Sunday.
ETH had 3.96K discussions last week, a 9.21% increase from the previous week; the price on Sunday was $2,520, a 1.69% increase from the previous Sunday.
TON had 906 discussions last week, a 15.43% decrease from the previous week; the price on Sunday was $4.99, a 0.83% increase from the previous Sunday.

As the 2024 U.S. election approaches, investors are increasingly focused on market dynamics, especially the prospects of cryptocurrencies such as Bitcoin. With Bitcoin prices surpassing $69,000, the market's expectations for continued growth have strengthened. Optimism about Trump's election prospects and potential policy support are fueling hope in the crypto industry, attracting investors from Wall Street. In this context, more and more individual investors are starting to use AI trading tools to seize investment opportunities.

Leading Trump in the U.S. Election, What are the Related Bullish Targets?

With only two weeks left until the U.S. election, the balance of victory seems to be tilting towards Trump. The probability of Trump winning on Polymarket has risen to 64.5%, leading Harris by nearly 30 percentage points. Especially for campaign rallies, Mr. Trump, a natural internet celebrity, appeared at McDonald's, serving as a fry cook, sparking widespread discussion online.

Trump's current advantage is undoubtedly exciting for most colleagues in the crypto industry. During the 2024 election process, the Trump team proposed to strengthen the U.S.'s leadership in global cryptocurrency regulation. This supportive attitude has brought significant bullish information to the market, with many investors believing that if Trump is re-elected, it may bring more policy support and development space for the cryptocurrency industry.

Recently, Goldman Sachs, JPMorgan Chase, Deutsche Bank, and others have collectively voiced their support, with "smart money" on Wall Street beginning to trade in favor of Trump. This refers to a series of investment operations based on expectations of Trump's policies, typically including shorting long-term government bonds, going long on cryptocurrencies, and investing in high-risk stocks such as small-cap stocks.

Let's summarize the recent bullish targets related to Trump and their dynamics:

MEME Series

Trump-themed coins: FIGHT, TRUMP, STRUMP, MAGA, TREMP, DMAGA, FREE

Musk-themed coins: DOGE, TERMINUS

NFT Series

First series "Donald Trump Digital Trading Card"

Second series: "Trump Digital Trading Cards Series 2"

Third series: "MugShot Edition"

Fourth series: "America First Collection"

World Liberty Financial (WLFI)

WLFI is a crypto project initiated by the Trump family, which will build lending services, including a credit account system built on Aave and the Ethereum blockchain, as well as the cryptocurrency WLFI.

On October 15th, the project conducted a public sale, raising over $12.5 million, with the Trump family set to receive 75% of the net proceeds.

Previously proposed to launch on the Ethereum mainnet using Aave V3, WLFI also plans to allocate 20% of protocol interest to the Aave ecosystem reserve.

Sandy Peng, co-founder of Scroll, has become an advisor to WLFI, and the project also plans to expand to Scroll.

StakeStone is a full-chain LST liquidity protocol, and on October 15th, StakeStone announced a liquidity partnership with the Trump family's crypto project WLFI.

Will Bitcoin's Price Continue to Rise After Surpassing $69,000?

Bitcoin's price has rebounded recently, surpassing $69,000, and market expectations for a new bull market are growing stronger. The reasons for this price rebound can be summarized as follows:

Market Confidence Recovery: Investors are once again bullish on Bitcoin as a safe-haven asset.
Increased Institutional Investment: The approval of ETFs has brought a large influx of funds into the market.
Fed Rate Cuts: Rate cut policies have stimulated investment enthusiasm.
Supply Reduction: Bitcoin's fixed supply and halving mechanism support price increases.

The market generally believes that Bitcoin spot ETFs will be a key factor driving Bitcoin prices and the overall crypto market in 2024. According to Glassnode's data, it is estimated that about $70 billion in new funds will flow into the market through these newly launched Bitcoin ETFs. At the same time, optimism about the possibility of the Fed lowering benchmark interest rates may further drive up the price of Bitcoin. Some analysts predict that by the end of 2024, Bitcoin's price could potentially reach as high as $110,000.

Using AI Trading Tools to More Accurately Seize Investment Opportunities

In the second half of 2024, in addition to the uncertainty of the U.S. election and the global financial markets, the rapid development of blockchain and artificial intelligence technology will also create new opportunities for investors. For individual investors, facing so many complex factors, choosing efficient and reliable investment tools is crucial. With the advancement of artificial intelligence technology, the role of AI trading tools in the financial market is becoming increasingly important. Here are the important roles that AI plays in trading:

Data Analysis: Analyzing market data, predicting trends, and assisting in decision-making.
Risk Assessment: Monitoring risks, predicting extreme events, and optimizing risk management.
Investment Advice: Providing personalized investment advice and consulting services.

By comparing the different dimensions of AI trading and conventional trading, it is clear that AI has enormous potential and advantages in the trading field. It covers several key aspects such as market analysis speed, decision-making process, risk management, market reaction efficiency, learning and adaptability, trading costs, execution time, and profitability, revealing how AI can improve trading efficiency and profitability through automation and intelligence, while reducing risks and costs.

In today's fast-paced financial markets, AI-assisted trading is gradually becoming the new favorite of investors and traders, and there are many AI trading projects that have performed well in the market, such as TrendX.

TrendX is an innovative trading platform that combines AI technology, focusing on predicting market trends and executing trades automatically through AI to help investors optimize returns. Its AI advantages lie in powerful data processing capabilities, intelligent algorithms, and automated trading strategies, allowing users to gain an edge in the ever-changing market.

AI-Driven Market Trend Prediction: Using big data and machine learning to automatically analyze historical and real-time market data, predict trends, and capture trading opportunities in advance.
Intelligent Automated Trading System: Providing AI automated trading functions, the system automatically executes trades based on market changes after users set their strategies, improving efficiency and accuracy.
Personalized Investment Advice: Providing customized investment strategies based on users' investment preferences and risk tolerance, optimizing investment portfolios and achieving stable returns.
Risk Management and Prediction: Real-time monitoring of market fluctuations and risk factors, issuing timely warnings to help users avoid potential risks.

Research Report

Conclusion

2024 will still be full of variables, with global political and economic patterns and technological innovation driving rapid market changes. Looking ahead to the future bull market, with the continued rise of cryptocurrencies such as Bitcoin and potential policy support, market confidence will further strengthen. As investors, we need to update information in a timely manner, keep up with the cutting edge, and use intelligent trading tools to help us find opportunities in volatile markets, to achieve better investments and higher returns.

TrendX: TrendX-No.1 Web3 investment opportunities and platforms, relying on industry-leading AI analysis technology and on-chain and off-chain trend tracking technology, real-time analysis of billions of data dynamics, providing investment advice through intuitive interaction, adhering to the concept of "change is opportunity," and committed to becoming the preferred Web3 investment platform for users.

Website: https://app.trendx.tech/

Twitter: https://twitter.com/TrendX_tech

Investment carries risks, and the project is for reference only. Please bear the risks on your own.