Bitfinex Analyst: The market is adopting a wait-and-see approach before the US election, and significant fluctuations are expected in the short term after the election

The Bitfinex analyst stated, "Despite the general market expectation of increased volatility before the US election on November 5th, many market participants seem to be hesitant and have adopted a wait-and-see attitude. However, significant fluctuations are still expected in the short term after the election, which could 'drive major trends', or if not occurring, it could be a warning signal for Bitcoin to undergo a 'deeper correction' in a shorter period."