Bitfinex analyst: The market is taking a wait-and-see attitude before the US election, and volatility may rise sharply after the election

Odaily News Bitfinex analysts said, “Although the market generally expects increased volatility before the US election on November 5, many market participants seem hesitant and adopt a wait-and-see attitude. But large fluctuations are still expected in the short term after the election, which may "drive major trends" or, if they do not occur, it may be a warning sign of a "deeper correction" in Bitcoin in a shorter period of time.” In addition, Bitfinex analysts added that BTC absorbed most of the inflow of crypto funds, and it would be difficult for altcoins to make a comeback in the short term without new catalysts.