Elliott Wave Theory can explain the crypto price movements post-Trump's announcement. The initial surge likely represents Wave 1 (impulse), driven by bullish sentiment. This was followed by Wave 2 (corrective), a minor pullback as traders took profits. Wave 3 (strong impulse) then emerged, reflecting the peak of market enthusiasm, often the longest and most powerful wave. If Wave 4 (corrective) follows, it may show consolidation before a potential Wave 5 (final impulse). This pattern suggests short-term upward momentum but warns of a possible correction after Wave 5 completes. Monitoring these waves helps predict trend reversals and continuation points.