QCP: The volume often surges after the election, and it is expected that the Fluctuation will be positive or negative 3.5% on election night.

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On November 5th, QCP released its daily analysis, stating that the market anxiety in the stock, government bond, and cryptocurrency fields is evident as the upcoming election approaches. The influence of Trump's leading position in the prediction market has led to a following of long positions in the USD and cryptocurrency, as well as bets on the rise in government bond yields before the election. However, a victory by Harris could reverse these gains, leading to significant fluctuations in the overnight market. The options market predicts a fluctuation of positive or negative 3.5% for BTC on election night. However, traders may underestimate the post-election risks, as the low premium for fluctuation rates after the November 8th expiration indicates that the market expects results to be revealed quickly. BTC is still seen as part of the 'Trump trade.' On Monday, as polls showed a slight lead for Harris, the BTC spot price fell, and a large amount of funds flowed out of the spot ETF. Fluctuation is almost certain, as in 2016, when Trump unexpectedly won, the U.S. futures initially experienced a big dump, followed by a rebound, making the next two days the most active trading days in six months. Similarly in 2020, it was not until four days after the election that Joe Biden was officially elected, causing the volume to soar to a six-month high. As the voting results are announced, the BTC spot price will experience intense fluctuations. Fasten your seatbelts.

BTC-1.03%
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Mohamed_saadvip
· 2024-11-05 13:54
#GateioInto11#
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Cokecoinvip
· 2024-11-05 12:42
All in All in 🙌
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GateUser-b09099e0vip
· 2024-11-05 11:46
To Da Moon 🌕Buy the Dip 🤑WAGMI 💪To Da Moon 🌕
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