This afternoon in Beijing time, something big is coming. From the moment you opened your eyes today, it is destined to be a highly volatile day for Bitcoin. It is still unclear who will ultimately prevail between Trump and Harris, but whether in the prediction market or the commodity market, there are strong indications that Trump's chances of winning are greater. Currently, several swing states are gradually leaning towards Trump. In any case, the results will be revealed in just a few hours, and the key is to develop our own trading strategy.

First, let's talk about short-term trading. No matter who is elected, it could be a rollercoaster. The only question is whether it will rise first or fall first. This is similar to previous interest rate meeting trends. The underlying logic is that the Republican Party places more emphasis on supporting Bitcoin at present, while the Democratic Party will tend to have a more stable long-term approach. Therefore, the market will experience repeated games, leading to significant fluctuations. This is akin to how Powell gives us future expectations with his repetitive statements after each interest rate decision. The madman anticipates that a one-sided market exceeding +10% is unlikely to occur, so short-term trading should focus on operating within the volatility range of major support and resistance levels to increase the success rate.

The resistance level is obviously at the historical high, while the support levels of 65,000 and 60,000 will bring significant buying pressure.

Regarding the future trend, it is self-evident that the trend is positive. Trump's election might lead to a sharp rise, followed by a consolidation, then another rise. If Harris is elected, it might be a period of consolidation followed by a slow upward trend. Here, I am discussing the trend on a monthly basis. Regardless of who is elected, it will only change the process, not the outcome, which is closely related to the governing strategies and directions of both parties. The future will not be static.