Two major events to watch out for!
1. The results of the US election on November 5th may be announced that night, so try not to hold positions overnight on November 5th.
Remember the last time Trump was elected president, the futures market went from the upper limit to the lower limit, and many people went bankrupt in one day.
2. From November 6th to November 7th, the US interest rate meeting. If the interest rate is cut, the stock market may usher in another wave of rise. If the interest rate is not cut, the stock market will continue to follow the original trend.
According to the US non-agricultural data, this interest rate meeting is expected to cut interest rates by 25 basis points. However, when these two factors are combined, the situation becomes more complicated, and the financial market may experience greater volatility.
Trump's data has dropped a bit in the past few days, while Harris's has increased. However, according to Yiwu data, Trump's celebration orders this year are greater than Harris's.
As the election approaches, the relevant coins in hand should be sold, such as people, fight, etc. When the election results are announced, they may start to pull back, just like the hot spots of the European Cup and the Olympics at that time. I thought that fan coins would rush to the stage, such as santos and chz, but they kept pulling back. No one was interested in the first two weeks, and 90% of people cut their profits before pulling back.
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