JackYi: The Republican Party is highly likely to lose both chambers in the midterm elections, and U.S. stocks may continue to pull back.
TechFlow reported on November 4 that JackYi posted that the Republican Party is highly likely to lose both chambers in the midterm elections, Texas, a critical state, is also in jeopardy, and U.S. stocks may continue to pull back. He believes that while Bitcoin was poised for a rebound following a correction over a 40-day range, the impact of Binance's "black swan" incident and Trump losing the midterms means BTC has not yet reached its optimal adjustment point. However, compared to U.S. stocks, BTC remains strong even in a bull market trend, particularly amid concentrated negative external factors.
TechFlow reported on November 4 that JackYi posted that the Republican Party is highly likely to lose both chambers in the midterm elections, Texas, a critical state, is also in jeopardy, and U.S. stocks may continue to pull back. He believes that while Bitcoin was poised for a rebound following a correction over a 40-day range, the impact of Binance's "black swan" incident and Trump losing the midterms means BTC has not yet reached its optimal adjustment point. However, compared to U.S. stocks, BTC remains strong even in a bull market trend, particularly amid concentrated negative external factors.
