Bitcoin is above 75000, Ethereum has surged to 2800, and SOL has also reached 191, creating a thriving scene. With Ethereum's strength, the meme leader NEIRO has taken off first, and the staking leader LDO has also pulled a big pillar of 40%. Additionally, ecosystems like ENA have taken off strongly. Once the market comes, we need to hold our chips tightly and not get shaken out. There is no pressure above Bitcoin now, and the turnover rate and entry rate are still very high. Any slight selling pressure is quickly absorbed. I've been waiting for a pullback buying point but haven't seen it yet. The FOMO sentiment is driving the surge; it's so crazy now that entering is easy, but it feels like being on top of the mountain. Given the current market, the washout force will also be very strong unless you are already in the game when the rise starts. Short-term trading is not very suitable for the current market; let’s see if there are any spot assets that can catch up after the washout, and we can ambush a wave together! After the elections, what else is worth looking forward to? The elections are just one factor in the cycle, and not even the most important one. In the trends and cycles, we can foresee:

1. The impact of the BTC halving cycle often occurs during the election period.

2. The FASB will officially take effect in December 2024.

3. The re-submission of SAB121 is inevitable in 2025, and the approval rate this time will be very high.

4. More importantly, the Federal Reserve's monetary policy has shifted from monetary tightening to monetary easing.