ANALYSIS: BTC this drop is basically synchronized with DJT's drop, it should all be due to the emergence of Trump's election bearishness

Bitget news, crypto analyst Crypto Big Game Hunter analyzed that this drop in BTC is basically in sync with the drop in DJT, and it should all be caused by the emergence of the Trump election negative, and the Trump trade's multiple parties stopping their profits and shipping. In fact, no matter what the outcome of the election, DJT will fall. If Trump is elected, SELL THE NEWS, DJT will fall; if Trump loses the election, expectations fall short, DJT will still fall. Obviously many investors realize this, and DJT itself has risen near important pressure levels, so DJT fell early. The next probability is that DJT will pull back to near the start of this Trump trade. However, $BTC has more influencing factors, and the subsequent movements of the two may not be the same: the U.S. October nonfarm payrolls data and the unemployment rate, which will be released at 8:30 p.m. tonight; the U.S. election day on Nov. 5; and the FOMC interest rate resolution, which will be released on Nov. 7. All of these recent important events will have a significant impact on Bitcoin's movement, and it is expected that it will be after November 7 that the subsequent movement of the crypto market will be clearer. So we should focus on observation and reduce operations in the near future.