According to TechFlow, on October 16, Greeks.live researcher Adam posted on social media that the US election is approaching, and various statistical channels show that Trump is leading in the competition, but the US election still has great uncertainty.

Datalab options data shows that BTC's at-the-money option IV was 57% during the election week, while the at-the-money option IV in the week before the election was only 47%. The market gave the election a 10% IV difference.

The current term structure also illustrates an implicit market view: the market will not fluctuate too much before the election. Market trading volume also illustrates this point. Even if there is a good rally this week, big investors are not willing to bet on continued gains.