Historically, market analysis indicates a pattern where markets show strong performance following presidential elections. This trend is often observed due to increased optimism and speculations surrounding the potential policy changes to be enacted by the newly elected leader.
However, research highlights that this positive momentum tends to diminish as the inauguration approaches and the President-elect officially takes office. This could be attributed to the market's stabilization while awaiting concrete actions and policies from the new administration.
In the context of the cryptocurrency market, the shift from election optimism to inauguration realities may affect crypto prices and investor sentiment, potentially leading to a local top around inauguration time.
