The results of the US election on November 4 are coming soon, let's briefly discuss the impact of two possible outcomes on the cryptocurrency market.

Outcome 1: Trump is elected.

1. The new Republican Party platform will become more important: ending the US government's crackdown on cryptocurrencies, defending the rights of Bitcoin and cryptocurrency mining, self-custody, and trading freedom.

2. Trump will appoint a new SEC chairman, with three candidates who are favorable to the crypto space: Dan Gallagher (Chief Legal Officer of Robinhood, which fully embraces the crypto space), Chris Giancarlo (former CFTC chairman, nicknamed the father of crypto), and Hester Peirce (one of the current five SEC commissioners, nicknamed the mother of crypto).

3. The DOGE division will be officially established, and cutting the budget department will surely generate news, bringing Dogecoin's exposure to another level.

4. Short-term benefits of Trump-themed coins will be fully realized.

Outcome 2: Harris is elected.

1. The steps towards regulatory openness for the crypto space will not be as significant. Gary Gensler may become Treasury Secretary, and among the new SEC chairman candidates, only Chris Brummer is crypto-friendly, but being a law professor may lead him to be similar to Gary after taking office.

2. Trump may go to jail, Musk may be targeted, and companies in the crypto space that support Trump may face scrutiny, especially those that align with the knowledgeable king out of fear of SEC action, such as Kraken and Gemini. The aforementioned related concept coins may face a deep pitfall.

3. Harris's climate policy will negatively impact high-energy-consuming POW mining.

4. Overall, it should present another bottom-fishing opportunity similar to '94. After all, the Democratic Party and Harris's major backer BlackRock still want to expand Bitcoin ETFs and tokenization.

The election results will be out tomorrow at noon without any surprises——

Good night, family, I'm going to sleep! We'll see tomorrow!

Regardless of the results, it won't affect the trend of Bitcoin; because Bitcoin is the trend of the times——

What is the trend of the times? Whether it's Trump or Harris, the trend that cannot be stopped is called the trend; Bitcoin occupies a prime position that is already unbreakable, embodying a kingly demeanor;

It's just a matter of whether it will reach 100,000 by the end of this year or by the beginning of next year;

On the contrary, some altcoins and projects that have not yet issued tokens are currently observing nervously from the sidelines because——

They need to leverage the situation, unlike Bitcoin, which is inherently part of the "trend"!

What impact would Trump's election have on cryptocurrency, and would it trigger a violent bull market?

If Trump successfully gets elected, it will undoubtedly usher in a golden age for cryptocurrency. The policies he advocates will certainly be highly favorable for crypto, and Trump has even launched his own family token; he is a staunch supporter of cryptocurrency!

This bull market is undoubtedly a significant bull market for BTC, while ETH has been sluggish, limited by the diversion of various L2s and the immense disappointment of retail investors regarding EVM airdrops this year. Meanwhile, Solana is very likely to initiate a surge similar to BTC's. Currently, nearly all meme coin hotspot narratives on-chain are centered around the Solana chain, while the traditionally high market cap, politically-related meme coins of ETH are also beginning to explode on the Solana chain. Many on-chain players are compelled to transition to the Solana chain, paying tuition again to seek opportunities. Recent on-chain signs indicate that if there is a violent surge of memecoin mania next year, it will undoubtedly elevate Solana to very high levels. For this bull market, I am very optimistic about BTC and Solana!

Talking about the election and the market afterwards:
No matter who is elected, the result will be an increase.
The big trend is upward, this is the mid-stage of a bull market.
The medium trend is upward, it has been seven months since the halving.
The small trend is upward, the long-short ratio in the seven-day contract market has reached 1/4. It just finished a drop and will soon see a short squeeze.

The essence of the cryptocurrency market is finance, and the essence of finance is energy. In a structure, energy often travels along the path of least resistance. This is true not only for bulls but also for the cryptocurrency market, stock market, and everything in nature. Once you master the underlying laws of energy flow, analyzing the market becomes much easier.

The results will be out soon!! I've mentioned the situation regarding the election of Trump and Harris before!!! We are definitely holding BTC!! I have chosen a few coins for everyone's reference! In the current market, we can choose to place orders to enter!!!
BB is currently around 0.25!! We can enter 2 layers at the market price and place 4 layers around 22!!!! This is part of the BTC ecosystem, and when Bitcoin rises later, it will definitely not lag behind!
FLOKI is currently around 0.00012, and this has also seen many wave trades!! Around 0.00012 is also a good point to enter 2 layers, and we can place 4 layers around 0.0000105!! This one is also comfortable for wave trading!
There is also WIF, which is a relatively popular MEME coin! It is one of the larger meme coins on SOL! Currently around 2, we can enter 2 layers!! Around 1.8, we can place 4 layers!!
There are many quality coins still at low positions. When we are configuring our BTC positions, we can slowly pick up some altcoin spot, so when the market rises, we will also have returns! Don't worry about altcoins dropping; you should know that many people are still watching over you? We will also pay attention to the situation of these coins and continue to track them!!

In the past month, besides ETH and ETC, Grayscale has increased its holdings of tokens such as LTC, BCH, LINK, SOL, MANA, and FIL. Grayscale is as shrewd as a monkey; every time it continuously increases its holdings during a bull market, it indicates that the bull market is far from over. When it starts to continuously reduce its holdings, it means that this bull market is nearing its peak. So don't be afraid, don't panic, just hold your spot and that's it.

Assumptions about future market conditions
1. Trump is elected, a huge pump, then expected overdraft, and a negative decline. After a period of negative decline, it began to recover
2. Harris is elected, a huge collapse, and then slowly upward
The reason is that the new president must do things when he takes office. If he wants to do things, he must spend money. If he wants to spend money, does he have to release water?

So if I trade the bottom after the election volatility, what am I trading?
1. Fundamental drive
2. Valuation repair
3. Narrative leadership

There is no comprehensive bull market, only localized bull markets.

ETH played all its cards in the last round, so this round's performance is disappointing, as there are no cards left to play, and the cards played do not have ecological upgrade functions in the short term. The EVM ecosystem needs to focus on doing its work.

As for those EVM Layer 2s, shifting from toC to toB may be a new opportunity. It can secure a place in the era of major Web3 applications.

For trading, closely watch other public chain ecosystems; any new public chain that replicates ETH's old path will bring wealth opportunities.

The market this week may fluctuate significantly, so please do not operate too aggressively!

The most exciting thing is coming.

1. The election begins at 7 o'clock tonight

2. The results of the US election will be announced at 12 o'clock on November 6

3. At 2 o'clock on November 8, the interest rate meeting announced a rate cut.

The days with the biggest fluctuations are coming!

Actually, the market tomorrow is like the non-farm payroll data, it can be explained in any way.

Trump's election is a positive for crypto, it rises;
Haha's election is a negative for crypto, it falls.

Trump's election is a positive landing, it falls;
Haha's election is a negative landing, it rises.

It seems like any explanation works, right?

The altcoin sector has fallen in sync with BTC, with most cryptocurrencies experiencing significant declines. Most cryptocurrencies have shown divergence patterns on the 4-hour chart. Positions can be built during the day while waiting for a rebound. Continue to hold SATS and wait for a rebound, aiming to sell around 50. For medium-term holding, look for about 80. PEOPLE has declined significantly, waiting for a rebound. After reducing holdings in CKB, continue to hold and wait for ecological growth. Maintain holdings in FTM, and temporarily do not act on FB, waiting for ecological recovery.

Fundamental news: Pay attention to today's election situation.

Primary market information:

Continue to monitor RGB++, recent interest has not been very good.

The rune market has seen some recovery; those who previously bought DOG are advised to hold long-term.

The on-chain MEME sector remains hot recently and needs ongoing attention.

The altcoins that can be built during the day are listed above; for more altcoin strategies, refer to the latest community updates.

November 5th BTC, ETH Market Analysis:
BTC: 1-hour and 4-hour levels are below healthy levels, daily level has returned to a healthy level, expecting a rebound during the day, recommended to build up and follow, the long-term expectation has not weakened, intraday support is at 67000-67500, resistance is at 69500-70000.
ETH: 1-hour and 4-hour levels are below healthy levels, daily level is below healthy levels, expecting a rebound during the day, recommended to build up and follow, those with positions should hold, intraday resistance is at 2500-2530, intraday support is at 2350-2400.

We still can’t be cowardly, we still have to have the necessary faith. Personally, I am still looking forward to the market situation after the election!

The reasons for ETH's slump have been found:

1. Vitalik is focused on women, and the foundation is focused on selling coins.

2. So far, Grayscale has sold over 1 million Ethereum.

3. A series of new and old Ethereum concepts, such as ETHFI, LDO, ENA, and BB, have generated huge profits, but are also a massive bubble. About half a month ago, a large staker sold off tens of thousands of ETH after the staking period expired, and this is not an isolated case.

4. Losing the left and right arms (ICO and DEFI) In the previous round, Ethereum was almost the largest bull market, despite competition, it still dominated. In this round, SOL is too strong, along with other public chains. With ETH losing the advantages of ICO and DEFI, MEME cannot keep up with SOL, and without innovation, it is squeezed for survival space, which is also a sign of the times.

From the perspective of market making, when selecting stocks, it is important to consider both old narratives and new narratives. Pulling the old narrative means choosing stocks that the market is already familiar with and clear about, where risks and returns can be seen clearly, allowing for more stable operations. However, pulling the new narrative is also very important because in the new narrative, everything is unknown, and the potential returns are higher, although the risks are also greater. In the new narrative, more possibilities can be explored through imagination, so even if there are risks, one should actively follow up.

However, whether choosing to pull the old narrative or the new narrative, caution is required. When pulling the old narrative, one needs to be aware of issues like inexperienced investors not following or the timing of selling, to avoid being trapped by the market. In pulling the new narrative, one needs to be even more cautious, seeking potential returns in unknown territories. Therefore, regardless of which narrative is chosen, thorough thinking and analysis, along with timely adjustments to strategies, are necessary to achieve success in the stock market. I hope everyone can flexibly apply both old and new narratives in the process of market making to gain more returns.

Old plates and small pools that suddenly surge are not recommended to enter. Generally speaking, a sudden surge is often driven by a celebrity or event that attracts a large number of investors to rush in. At this time, the market is in a prosperous phase, but the bottom is hidden with many risks. The first wave of entrants are either real-time monitoring robots or the smartest traders in the market. For these players, such a pool is merely a tool for them to earn liquidity, rather than a long-term hold. Therefore, rushing into such pools is likely to provide liquidity to the other party, which is very dangerous.

In contrast, if a pool is rising slowly, it is mostly supported by a certain community and is relatively reliable. Because most emotionless traders have already left midway. These pools often have more stable growth and can attract long-term holders. Therefore, when choosing investment targets, it is important to analyze rationally and avoid being blinded by short-term profits. Do not be easily attracted by rapid surges, but choose long-term projects with potential. Most importantly, always remain calm and rational, staying away from the market's short-term fluctuations. #美国大选后涨或跌？ #11月市场预测 #BANANA、ADA、ENA大额解锁

Where do you think the root of losses in cryptocurrency trading lies?

For example: You have 1 million in assets, and you use 700,000 to buy a cryptocurrency.

The next day, the coin drops by 1%, and you lose 7,000. You don't mind, after all, it will eventually go back up.

On the third day, it drops another 3%, and you lose almost 20,000. You are undeterred, because it will eventually recover.

On the fourth day, it rises by 2%, and you regain almost 10,000 of your capital. You smile, feeling everything is under control.

On the fifth day, it suddenly hits the limit down, and you lose nearly 70,000. You feel a bit anxious, starting to imagine it will hit the limit up on the next trading day.

On the sixth day, it rises by 4%, and you breathe a sigh of relief, feeling there is still a pattern to trading.

On the seventh day, it rises by 1%, and you start to feel hopeful.

On the eighth day, it rises by another 1%. Although you feel the increase is slow, at least you have recouped some of your losses, so you feel content.

On the ninth day, it suddenly drops by 8%, and there was even a limit down during that time. You start to panic, questioning whether you chose the right coin.

On the tenth day, it drops again by 4%, and you start to feel angry.

On the eleventh day, it stops dropping, and you firmly believe that the price of your coin is about to rebound.

However, in the following week, it does not rebound but instead moves sideways. You go online to learn about cryptocurrency trading, and based on your understanding, you think that this sideways movement is the so-called accumulation by the main force!

After holding the coin for another month, not only has the price not risen, but it has also dropped by almost 8 points. You start to feel numb, thinking that if it can just return to the original price, you will withdraw your money and never trade cryptocurrency again.

But things don't go as planned. The coin you bought continues to drop, and at this point, you finally discover a new concept - stop loss!

Your heart aches, and you struggle internally, unsure whether to leave or stay.