11-4, an important week is here, with two major events in the market this week: 1. The U.S. election; 2. The Federal Reserve's interest rate decision.
【Impact of the U.S. Election Process on the Crypto Market】
The results of the election on November 7 are expected to be announced at the earliest, but there may be delays. Before that, uncertainties remain, especially since the Federal Reserve's interest rate meeting is on the same day.
If these two major events go smoothly, the final uncertainty factors for BTC will be cleared, and the subsequent market trend is worth looking forward to.
Harris and Trump, currently capital is teaching the example of Harris' polling, but I find it unreliable. Harris lacks highlights, and her performance in the Fox interview was mediocre, with almost no charm to attract voters other than criticizing Trump. As president, she also bears the responsibility for astonishing policy blunders, especially the 'Peanut' black swan incident involving the little squirrel that started to brew over the weekend, which could be the final fatal blow.
In contrast, I am currently more optimistic about Trump, whose influence among voters remains strong, especially in traditional energy and crypto sectors that capital prefers; Trump's policies increase attractiveness. However, the U.S. election has always been filled with uncertainties.
Who will be elected is still unknown, but the long-term bullish trend of BTC remains unchanged. In the short term, the market is active, and we need to closely monitor the election process and the Federal Reserve's movements. $BTC #美国大选后涨或跌? #美联储利率决议来袭