Internet reports that Bitcoin hit record highs many times this week, but did not show any signs of "overheating". Many analysts pointed out that some fundamental factors indicate that Bitcoin may rise further. "From a fundamental perspective, the market does not appear to be overheated," Galaxy research director Alex Thorn said in a November 7 market report. Aurelie Barthere, an analyst at crypto analytics firm Nansen, expressed similar views. "Bitcoin's breakthrough to all-time highs amid high trading volumes is a clear signal of continued positive momentum after the election," Barthere explained in a Nov. 7 market report. Barthere pointed out that after Donald Trump won the U.S. presidential election on November 5, traders began to "take risks again," which was reflected in the recent upward trend of the crypto market.