The two most important events this week:

Retail investors' fantasies are:

- Harris elected, Bitcoin plummets 📉 50%

- Trump elected, Bitcoin skyrockets 📈 100,000

1. The results of the election on November 5 may be announced that evening. Remember the last time Trump was elected, the market went from limit up to limit down, and many people were wiped out in one day.

2. The interest rate meeting from November 6 to November 7, if they cut rates, it may lead to a wave of increases; if not, it is likely to continue along the original trend. Based on non-farm payroll data, this meeting is expected to cut by 25 basis points, but if these two events are combined, the situation becomes complicated, which may lead to significant volatility.

The current structure of the Bitcoin market is clear; whether Trump or Harris is elected, it will not disrupt the market structure. The market makers are responsible for the market trend and maximizing their own interests, not for Trump or Harris.

Therefore, after the election results are announced at noon on the 6th, the market volatility may be much lower than most people's expectations. This has been validated countless times, such as on the night of a rate cut, or when Trump attended the Bitcoin conference, etc.

The most likely scenario is that after the election results are announced, there will be a spike up/down. Then the market will continue as it was. The structure of the Bitcoin market has been complete after half a year of decline/oscillation/washing out/forcing positions/accumulating a series of actions, and will not be disrupted by any single event.

The benefits of the U.S. election for market makers are to utilize both sides, increase volatility, and create market divergence, providing stories to tell. The U.S. election is the most advantageous tool for market makers to tell stories after the ETF. BabyMarvin f9c7