The election results are about to be revealed; will it be Harris or Trump?

This is the soul-searching question that countless crypto enthusiasts are obsessed with. Before the results come out, all we can do is wait for the announcement.

However, from the current trend, at least in 7 swing states, Trump is still slightly ahead, which is a nice positive signal.

Basically, whoever wins these states gets elected.

What if Harris gets elected? Many friends have asked me this question today. Actually, there's no need to do anything; the sun will still rise in the east, and we will just carry on as usual.

According to Thirteen's position layout, as long as you have sufficient cash reserves, you won't fear price fluctuations.

If the market drops, we can buy the dip at the right position. If Trump is elected and the market takes off, then when the trend is confirmed, we can add more positions on the right side.

Harris's election will not change the overall bullish trend of the market.

There are some things we need to learn to analyze from a God-like perspective, from a macro angle, and there’s key information that everyone must not overlook.

Bitcoin and Ethereum ETFs were rejected countless times until the entrance of giants like BlackRock and Fidelity, which led to their approval.

The deeper meaning behind this must be understood; the U.S. is a country controlled by capital, and various policies are generally designed to serve capital.

Let's take a look at the attitude of institutions like BlackRock and Fidelity towards Bitcoin.

They have been consistently buying in; this is the key information we should grasp. The ongoing fluctuations in the market are essentially a smokescreen.

Therefore, if Harris is elected, he will still serve capital.

The impact on the cryptocurrency bull market process is almost negligible; there may be a risk of a short-term correction, but long-term worries are unfounded.

2,

Thirteen mentioned a few months ago, during the sharpest decline, that if the market falls below 55,000, you could go long with 90% of your position. However, it was unexpected that the market dropped to around 49,000.

At that time, Thirteen was quite anxious because our positions were heavy. Later, the market jumped back to around 60,000.

At this time, we have reduced our positions and continue to maintain sufficient cash reserves.

But how many people can engage in such long-term low-frequency trading? Very few can manage it.

Thirteen says this not to show off what he got right but to help everyone understand a principle: in crypto investments, try to overcome the shortsightedness of focusing solely on immediate price fluctuations.

Long-term benefits are often overlooked.

Starting from 15,000, Thirteen has been advising everyone to buy the dip in his articles. How many times has this been emphasized?

If we focus on short-term movements, selling when it drops and chasing when it rises, it's impossible to realize the significant profits between 20,000 and 70,000.

Similarly, many friends currently have costs around 60,000. Compared to the potential 100,000 or 120,000 in this bull market, how can you capture those profits in between?

This is a question that everyone must think seriously about: is it relying on left short lines? Contracts? Or drawing lots?

None of these methods work; the only viable option is to hold onto it. Any other method will likely result in losing the principal.

It should be noted that a bear market is not where the most money is lost; it's a bull market that causes that.

A bull market is when the big players are harvesting profits in large amounts; this round of the bull market is no exception.

Taking profits is crucial; Thirteen will provide clear instructions in the group at that time.

Although Thirteen has always believed in Ethereum's future, this round has caused significant frustration, as most investors in Ethereum now feel deep resentment.

Clearly, with a shiny sign and strength, it still cannot provide returns to investors based on price. Thirteen's current cost is around 2700, and he's still at a loss, but he is managing his position well, so the decline is bearable.

Ethereum is currently waiting for an opportunity to jump.

I hope it won't let down us investors who believe in it.

For those investors holding too much Ethereum, it's recommended to wait for a market movement where Ethereum's increase is greater than Bitcoin's or its decline is less than Bitcoin's, then switch some holdings to Bitcoin.

Reduce position risk.

3,

Regarding the market, there will likely be significant fluctuations around the election.

At this time, any operations should focus on spot trading, and any leveraged actions should be halted, as the risks are too high and easily lead to a double loss.

The current situation in the crypto space is extremely poor liquidity; retail investors who needed to cut losses have done so, and those who are holding have mostly held on.

So as long as the ETF buys in, it rises; when disruptors like Mentougou come in and stir things up, it falls.

More investors are waiting for a clear cycle; actions will only take place after the election results come out, regardless of who is elected. After the election, liquidity will definitely increase.

So how will the short-term market move? Let's take a look at the volume:

In the above chart, we can see that the bulls have almost no action, with energy being nearly absent, while the bears are slightly active, but this activity is not high.

Additionally, the pressure from the 20-day moving average and the weekly closing is not good.

Thirteen believes that in the short term, the market may peak at around 69,500 to 70,000, followed by a likely correction back to the 66,500 to 67,500 range.

Therefore, we can buy spot at the 67,500 range, but do not engage in any leveraged actions; the risks are too high. It's best to wait until after the election results come out.

The above market situation is just Thirteen's speculation and is for reference only.