With the election approaching, the emergence of risk-averse sentiment in funding may be one of the reasons for the pullback. However, regardless of the reason, once a trend is established, 80% of reversal breakthroughs will end in failure. Therefore, we should remain patient with our positions. The new month of November will bring a series of important events that will impact the market's movements. The first thing to pay attention to is tonight's non-farm payroll data! Next is the U.S. election on November 5, with results coming out on the 6th, followed by the interest rate meeting on the 8th, the Ethereum developers conference on the 12th, and the CPI data on the 13th. Each of these is heavyweight news, so the movements in November are bound to have considerable volatility!
The recent rollercoaster movements have indeed been quite uncomfortable. Everything will be clarified in a few days, and perhaps around the 5th, we will see a turning point!