Fox News reports that the latest poll shows Kamala Harris leading Donald Trump by 1%. The cryptocurrency prices began to show a continuous and firm decline last night, and from the candlestick structure, it even resembles a curtain structure. The impact of the U.S. election on cryptocurrency prices is indeed significant; in the previous round, Trump led by 4%, and cryptocurrency prices began to rise based on expectations. Once this poll was released, cryptocurrency prices started to retrace, and external influences began to show.
E-Tai, the correlation is weak. How weak? BING is almost touching its historical high, while E-Tai has 60% room to reach its historical high. From a higher-level structure, if this wave of BING experiences a large-level central pullback, E-Tai could even break below 2111 to create a new low in nearly a year. It is not a hot topic in the short term and lacks a narrative, so it ultimately follows BING, with fluctuations likely to be larger than BING. The support levels are 2400 and 2220; if it breaks 2220, it could quickly seek 2000.
SUI, the previous low around 1.6 where missiles were launched cannot be effectively broken. If BING declines significantly and drags it down, then after BING bottoms, we need to observe the rebound strength of SUI; strong strength indicates that there is still capital participating.
IMX, the rise has not kept up, but the decline is quite vigorous. It has been in the third phase of the pullback starting from 1.869, waiting for stabilization to observe on the right-hand side.
BING, the trend remains uncertain. The most pessimistic scenario is that the weekly central has now shown a second peak, requiring nearly 2-4 months to explore 50000. A more pessimistic trend indicates that after completing a daily upward movement from 49000, there should be a daily downward movement to explore around 60000, followed by a main upward wave. A stronger trend could see new highs within three days. Everything is possible. For the short term, let's observe. If a false breakout occurs due to speculative trading, then once the curtain structure appears, there should be a continuous, firm, and even rapid decline to explore around 65500. The starting drop point is at 72700; if a reversal occurs, be prepared to welcome new highs.