According to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in November is as high as 94.1%, and the market basically agrees that a rate cut is coming. As monetary policy turns to easing, the stock market, cryptocurrency market, and bond market are expected to benefit, and investor confidence will be further enhanced. First of all, a rate cut means that corporate financing costs will decrease and investment willingness will increase. For the stock market, especially technology stocks and real estate stocks, this news will release huge upside potential! Past market performance also shows that whenever the Fed adopts an easing policy, the stock market often ushered in a significant wave of rising prices.

The cryptocurrency market will also benefit from this. As interest rates fall and the dollar weakens, more funds may flow into digital assets such as Bitcoin. In fact, the easing of liquidity brought about by the interest rate cut is an important driving force for the cryptocurrency market, especially in the current global environment with increased uncertainty, Bitcoin and other crypto assets are expected to attract safe-haven funds.

According to the latest data from Polymarket, Trump's chances of winning the US presidential election have soared to 60.5%, a record high. At the same time, a Fox News poll showed that he leads Vice President Harris in the national approval rating by 50% to 48%. This series of good news not only brings confidence to Trump's supporters, but also makes the market begin to look forward to the future. First of all, Trump's economic policies have always been favored by the market. Looking back at his time in office, the US stock market hit several historical highs, and tax cuts and deregulation measures greatly boosted investor confidence. If he is re-elected, similar policies may continue to drive economic growth, and the stock market and cryptocurrency market are expected to usher in further gains.

At the same time, the expectation of Trump's victory has also brought more market funds into the market. Investors believe that Trump's policy inclinations will bring more benefits to enterprises, especially to the energy, manufacturing and financial sectors, which are expected to benefit from it. At the same time, the risk aversion sentiment in the market has weakened, and the attractiveness of risky assets has increased. Although there is still some time before the election, Trump's current lead has undoubtedly injected optimism into the market. As the election situation develops further, market volatility may increase, but this volatility brings investment opportunities.

According to the latest report from Standard Chartered Bank, Bitcoin has 12% upside potential before the US presidential election in November, with a target price of up to $73,800. This forecast has given the market a shot in the arm, and many investors are looking forward to the next market. Currently, the global market is in a state of high uncertainty, but this is an opportunity for Bitcoin. In the past few months, investors' confidence in cryptocurrencies has gradually recovered, especially against the backdrop of geopolitical tensions and continued inflationary pressures. More and more funds have poured into digital assets such as Bitcoin, seeking opportunities to preserve and increase value.

In addition, as the US election approaches, market volatility increases, and this turbulent situation is often beneficial to safe-haven assets. Bitcoin's status as "digital gold" has been deeply rooted in people's hearts, especially in this year's market performance, it has shown relatively strong resistance to declines. In the long run, Bitcoin's fundamentals are also constantly improving. Giants like BlackRock continue to increase their holdings of Bitcoin ETFs, further enhancing market confidence. The continued entry of institutional investors has undoubtedly provided strong support for Bitcoin prices.

The U.S. spot Ethereum ETF had a net inflow of 9,279 coins yesterday, worth $24.2 million.

The U.S. spot Bitcoin ETF had a net inflow of 6,815 coins yesterday, worth $457 million.

BTC: A spinning top was closed yesterday, but this does not mean that the trend is bad. On the contrary, the spinning top usually means that the market is undergoing a short-term adjustment or accumulating strength for the next breakthrough.

From the support level, 63000 is a very strong support level. When the market pulls back to this position, it has been supported many times before. Therefore, even if there is a short-term adjustment, it will not change the overall upward trend. The upper pressure level is 68400. Although this position has formed a certain resistance to the bulls, as the market sentiment gradually returns to optimism, the probability of a breakthrough is very high. At the same time, from the perspective of trading volume, although the trading volume was reduced yesterday, the overall market is still active. Once the volume rises, it may directly break through the current pressure level.

In summary, a certain degree of correction is needed in the short term, but the market outlook can still be optimistic, hold positions patiently, and wait for a new wave of rise after the adjustment. Pressure reference: around 68400;

ETH: Linked to Bitcoin trend. Pressure reference: around 2868; around 3102;

Altcoins: Altcoins follow the adjustment of Bitcoin, and there is a high possibility of a linkage correction of altcoins, but this adjustment is a healthy adjustment. At present, the market capitalization of Bitcoin has risen again, and there has been a certain amount of capital outflow in the altcoin market, which is usually a sign before the start of the rising market - Bitcoin rises first, and altcoins follow suit. Just wait patiently.

Today's Fear Index: 71 (Greed) #美国大选如何影响加密产业？ #BNB涨至600 #BTC要挑战7W大关了吗？