According to TechFlow, on November 5, according to Cointelegraph, Bitfinex analysts said, "Although the market generally expects increased volatility before the US election on November 5, many market participants seem hesitant and take a wait-and-see attitude. However, large fluctuations are still expected in the short term after the election, which may "drive major trends", or if they do not appear, it may be a warning sign of a "deeper correction" in Bitcoin in a shorter period of time."