According to online reports, according to Bloomberg, Bitcoin has set its longest losing streak since Trump won the U.S. election. As of Monday, Bitcoin fell by about 6% for three consecutive days. Since election day on November 5, the total market value of the cryptocurrency market has increased by US$1 trillion, but the growth is currently stagnant. IG Australia analyst Tony Sycamore believes that this correction is mainly to eliminate overbought conditions, not a trend reversal. Independent Reserve CEO Adrian Przelozny said the current bull market sentiment is expected to continue into 2025. TD Cowen analyst Jaret Seiberg pointed out that Trump will gain control of the US SEC after taking office, which will help relax cryptocurrency regulation.