On November 7th, with the election of Trump, the mood of 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, which is expected to promote its adoption as a national strategic reserve. However, he has not shown the same interest in Ethereum (ETH), and even expressed his skepticism about its development prospects on some occasions, which is undoubtedly a lost moment for long-term holders of ETH. Under Trump's leadership, the crypto market will return to its preference for BTC as a store of value, while ETH's decentralized applications and smart contract capabilities are likely to face greater regulatory pressure. In particular, ETH's shift from proof-of-work (PoW) to proof-of-stake (PoS) has not only led to a fragmentation of community consensus, but also left the currency price 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 reassess their holdings, and long-term holders may need to reduce their holdings significantly to cope with future market fluctuations. With a large number of holders reducing their holdings, the price of ETH is bound to face severe fluctuations. Investors should keep a close watch on market trends and adjust their strategies in a timely manner to seize the upcoming opportunities and challenges.