This week is the U.S. election week. Currently, there is a lot of uncertainty surrounding the U.S. election. In the past month, Trump's popularity has been high, but during the election process, Harris's winning probability is gradually increasing. The U.S. election has a significant impact on the entire market. There will also be a monetary policy meeting on Friday, and the market generally expects a 25 basis point rate cut. Currently, the cryptocurrency market is mainly in a wait-and-see mode for risk aversion. The implied volatility (IV) of options at-the-money this week has risen to 80%, and the IV of options this month is significantly higher than that of long-term options. There may be significant market movements in the coming days.

On the news front, the most important event now is tomorrow's U.S. election. If Trump is elected, it will be favorable for Bitcoin; if Harris is elected, it will be unfavorable for Bitcoin. We will wait for the results tomorrow. At the same time, significant events may trigger sharp fluctuations, with expected volatility of over 10%. This could result in Bitcoin price fluctuations potentially exceeding 7000 points up or down. Therefore, in trading, everyone must set stop losses properly. #美国大选后涨或跌？ #美国选情僵持