On November 7, it was reported that with the election of Trump, the sentiment in the global cryptocurrency market has changed significantly. Many experts generally believe that Trump's policy of insisting on embracing BTC will have a positive impact on BTC and is expected to promote its adoption as a national strategic reserve. However, he did not show the same interest in Ethereum (ETH), and even clearly expressed doubts about its development prospects on some occasions. This is undoubtedly a lost moment for long-term ETH holders. Under Trump's leadership, the crypto market will return to a preference for the value-storing properties of BTC, while ETH's decentralized applications and smart contract capabilities may face greater regulatory pressure. Especially after ETH shifted from proof-of-work (PoW) to proof-of-stake (PoS), it not only led to the division of community consensus, but also caused the currency price to be depressed for a long time, significantly reducing its market appeal. Many experts believe that for the cryptocurrency market led by BTC, Trump's election has undoubtedly injected a shot in the arm, but current ETH holders need to re-evaluate their current positions, and long-term holders may need to reduce their holdings significantly to cope with future market fluctuations. As a large number of holders reduce their holdings, the price of ETH will inevitably face violent fluctuations. Investors should pay close attention to market dynamics and adjust strategies in a timely manner to seize upcoming opportunities and challenges.