Today is the official voting day for the general election. Some voting results will be announced as early as October 6th, Eastern Time (in cases where there is a large difference in votes between the two sides). Currently, the overall election situation is still quite tense, especially in swing states where the support rates of both sides are basically equal. Trump is leading by a very slight advantage, but his leads are in states with more electoral votes, such as North Carolina and Pennsylvania, where Trump's support rate is 49% compared to 49%.

💎
💎
In addition, there is another important data about the election, the orders for Trump's propaganda and victory posters, banners, etc. in Yiwu Small Commodities Market are far ahead of Harris. This data has been the most accurate data in previous US elections. Therefore, overall, Trump still has a higher probability of winning in this US presidential election. In the short term, Trump's victory will form a significant Favourable Information for BTC, and vice versa, if Harris wins, it will generate short-term Unfavourable Information for BTC. However, historically, regardless of which party wins, BTC will start a pump trend of different degrees after the election. Therefore, for mid- to long-term investment, the impact of the election on decision-making is not significant.
💎
💎
BTC/ETH has been oscillating up and down frequently in recent days, and the low points continue to emerge, especially in the ETH market, which fell to around 2355 last night. The overall trend is relatively weak, and the high points are also gradually declining, showing signs of weakening. Without discussing the U.S. presidential election, BTC needs to withstand pressure around 69500. The recent Candlestick pattern of BTC shows a clear downtrend. In the 4-hour period, multiple Bearish lines indicate significant selling pressure in the market, with the high points gradually dropping. Although there may be repeated attempts to explore higher levels in the short term, it is ultimately expected to see increased volume decline, further expanding the downward space. It is possible to take a short position first, but since the previous mentioned support levels have not been broken, there is also a certain potential for rebound. Therefore, in the evening, we continue to approach with a long position against the decline, and can add to the position on the retracement.