Key Events in the Crypto World:
1. Capital Flow: Smart money is beginning to flee risk assets and turn to safe assets, influenced by the U.S. presidential election and the Federal Reserve's interest rate outlook. As of the week ending October 23, U.S. money market funds attracted a net inflow of $29.98 billion, while higher-risk equity funds saw a net outflow of $2.54 billion, ending three weeks of buying trends.
2. Non-Farm Payroll Data Release: U.S. non-farm payroll data for October will be released next Friday, which will be key data before the Federal Reserve's November meeting and may impact rate cut decisions. The market may initially experience a "leakage market."
3. Federal Reserve Quiet Period: The Federal Reserve will enter a quiet period next week, and important announcements are expected to be released through the "New Federal Reserve News Agency."
4. China Stimulus Measures: It is expected that China will announce stimulus measures after the Federal Reserve's decision, and there may be insider leaks beforehand that could affect the market.
5. U.S. Elections: Despite tight polling, the betting markets have increased the probability of Trump's victory, and there is still room for market adjustments regarding tariff risks.
