【10.16 Ice and Fire Island Strategy: Lithography giants bring down the US stock market, Bitcoin ETF continues to increase in volume, is it about to usher in a bull market or a monkey market? 】

Lithography giant ASML's financial report performance was lower than expected, bringing down the entire US stock market. Last night, US technology stocks fell across the board, and Bitcoin was hit hard.

The S&P closed down 0.76%, the Dow closed down 0.75%, the Nasdaq closed down 1.01%, the Russell Index closed up 0.05%, and the fear index VIX closed up 4.77%.

Bitcoin ETF had a net inflow of 82.2 million, Ethereum ETF had a net outflow of 12.7 million, and the currency circle fell across the board.

The bull market returned the day before and the bull market went away the next day. This seems more like a monkey market. Let's repeat the old saying. Don't expect a bull market before the US election in November.

Bad news also came. Tesla transferred a huge amount of Bitcoin to a new address. It is likely to sell and smash the market. Whether it is selling at highs or supporting the election, this is the first time Tesla has transferred Bitcoin in two years, sending a bearish signal.

The ups and downs of the past two days have pushed up volatility, but the market is not overheated, and the pattern of divergence of opinions remains unchanged.

Sol's double selling is still profitable. Be safe, especially when November is approaching. It is recommended to avoid the period from the 5th to the 8th of the election week and wait for the direction to be re-formed before continuing to sell double.

During the election, a moderate amount of double buying is a good choice. Whether it is directional income or rising wave income, it will be relatively generous.

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