ETH whale Li Yihua just posted on X
It’s highly likely the Republicans will lose both chambers. Now it all depends on whether they can hold on to Texas, and things don’t look promising at the moment. Trump has lost on all fronts this time—even Sun Ge has started taking action. The American people have voted with prices and their wallets. U.S. stocks now face serious challenges. A continued pullback in U.S. stocks means Bitcoin will need to wait patiently for an even better buying opportunity. The market was due for a rebound after a 40-day correction, but it looks like the Binance black swan event and the Republicans’ total loss have changed that.
It’s highly likely the Republicans will lose both chambers. Now it all depends on whether they can hold on to Texas, and things don’t look promising at the moment. Trump has lost on all fronts this time—even Sun Ge has started taking action. The American people have voted with prices and their wallets. U.S. stocks now face serious challenges. A continued pullback in U.S. stocks means Bitcoin will need to wait patiently for an even better buying opportunity. The market was due for a rebound after a 40-day correction, but it looks like the Binance black swan event and the Republicans’ total loss have changed that.