So nervous, the results will be out tomorrow.
Is it Trump or Harris? The information we have access to on the market is basically all fake news.
Both sides are constantly spreading rumors about each other, with the aim of having voters vote for themselves.
Meanwhile, Musk arrives in Beijing on a private jet, and 60% of the wealthy have all arrived in Hong Kong to take refuge.
It's simply an epic palace drama.
As a person in the crypto circle, I hope Trump gets elected; in fact, from the perspective of this country, Trump is also a better choice.
This place is completely controlled by capital and the so-called elite class, needs Trump to break the norm, rather than find a mediocre leader to maintain the current status.
In terms of ability, Trump can be said to be far ahead of Harris, but capital needs a compliant president, not a 'maverick' like Trump.
On one hand, I have to manage everything: world peace, climate warming, protecting animals, and especially managing Israel...
Trump only talks about interests; if there's an interest, I'll do it. If there's no interest, I don't care who you are, don't bother me, everything is based on America's interests first.
The result of this method is an increase in trade protection and tariffs; if tariffs go up, what about the common people's goods becoming more expensive? Just give out money directly.
Anyway, our money can be printed directly.
2,
Currently, Trump is slightly leading in several swing states; who gets elected depends on the votes from these swing states.
However, in the polls, Trump is slightly behind; I've heard Harris is preparing her government team, appearing confident of victory.
If not elected, wouldn't that be awkward?
From both the crypto perspective and the national interest perspective, Trump's presidency may be more favorable because dealing with businessmen means that as long as you show them the benefits of cooperation, you can achieve cooperation.
Harris is involved in too many things; human rights, freedom, increasing the zero-dollar purchase limit... the possibility of cooperation is almost non-existent.
If Harris is elected, in the short term, the market may experience a wave of correction, but no one can predict how much it will correct.
Because such influential news is impossible to predict in terms of its impact on the market.
However, as long as everyone holds spot positions, they can almost rest easy.
Due to the two candidates being too evenly matched, there is currently almost no advantage for either side, and preliminary results can be seen tomorrow morning.
Although it's rumored that the announcement may be delayed, according to Trump's character, as long as he reaches 270, he will definitely come out immediately and shout all over the world.
So the possibility of knowing the results tomorrow is high.
However, even if Trump is elected, the likelihood of the market going up first and then down is relatively high.
3,
While the election is in full swing, don't forget the interest rate decision on the 8th, which is also very important.
Last Friday, non-farm employment increased by only 12,000, the lowest since 2020.
Given this situation, continuing to lower interest rates by 25 basis points is almost a certainty, and the interest rate cut cycle will still continue.
This is also why I dare to say that even if Harris is elected, the bull market process will still continue.
The big environment is a period of quantitative easing; during this time, how can you tell me it's a bear market when the market has so much excess for so many years?
This is impossible; investments will be made everywhere, and cryptocurrencies will become one of the investment choices.
In the short term, volatility may be very severe; I have mentioned this multiple times in articles, everyone should be mentally prepared, so as not to cry out when it drops.
Managing position risks well and doing a good job of position management is crucial.
4,
Market aspect.
It is now very difficult to judge the market.
Right now, we are completely being driven by the news about the election.
If it's favorable for Trump, the market will rise; if favorable for Harris, it might fall.
As long as the market does not drop below the low point of 66500 in this range, the market is considered normal. If it drops, the subsequent market will be difficult; if it drops and quickly rebounds, it can still be considered a positive sign.
Smart investors have been observing these days instead of taking risks, after all, the chances of who will be elected are almost fifty-fifty and nearly impossible to predict.
The whole market is waiting for the election results.
The range of severe market fluctuations may be between 66,000 and 72,000.
If we extend the time scale to after the election, then the volatility may be between 60,000 and 80,000.
Regarding the future, there is fear due to the unknown.
I hope everyone is a bit less greedy and a bit more rational; money can never be earned endlessly, surviving is the key.
Today's article is best read together with yesterday's article.