The impact of the U.S. midterm elections on cryptocurrencies follows a regular historical cycle. I personally will wait until the 200-day moving average is reached before adding more at $BTC around 75,000. For other assets, unless there is an attractive price, I’d rather not participate.
Bitcoin in 2014: down 56% from the peak, then up 24.5% in the 12 months after the election
Bitcoin in 2018: down 73% from the peak, then up 44.9% in the 12 months after the election
Bitcoin in 2022: down 64% from the peak, then up 92.3% in the 12 months after the election

A “down before the election, up after the election” pattern tends to appear.
1. Before the election: policy hedging and liquidity tightening
Institutional money dislikes uncertainty and tends to lock in profits early to avoid risk.
2. After the election: policy tailwinds
Uncertainty disappears: regardless of which party wins, once the election result is settled, sidelined funds will quickly re-enter positions.
Laying the groundwork for the presidential election two years later: the new Congress and administration usually shift toward stimulating the economy or releasing fiscal benefits in preparation for the presidential election two years later, improving market liquidity$ETH is most affected.
The path for crypto legislation becomes clearer: once congressional seats are decided, the route for advancing cryptocurrency regulatory bills becomes more predictable.

Summary and strategic view
Short term (1–2 months before the election): the market often oscillates or pulls back, as it digests political risk and a wait-and-see mood.
Medium to long term (6–12 months after the election): historically, there has been a 100% chance of a significant recovery rally$SOL or the start of a new bull market.

Do you think Bitcoin at 58000 has already bottomed?