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Today is the weekend, and the main news is still focused on following the election. The release of non-farm data last night increased the rebound strength of Ethereum and BTC, but it was only a rebound and did not break out of the rising trend. Combined with the pressure on the weekly chart, it quickly took a nosedive and is now oscillating and consolidating in the bottom range. On Thursday night, there was news that Iran would strike Israel during the election, causing a major nosedive in the international financial market. Even gold, which has been strong, took a nosedive of $50. It is also important to pay attention to the weekend and be prepared for defense.
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Follow the 2 big events next week! One is the situation of the US election on November 5th, and the other is the Fed meeting from November 6th to November 7th. If the interest rate is cut, the stock market may experience another pump. If there is no rate cut, then the stock market will continue along its original trend. According to the US non-farm data, the interest rate is expected to be cut by 25 basis points. But if these two things are combined, the situation becomes complicated. The financial market may experience a large Fluctuation.