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Yi Lihua: Republicans are likely to lose control of both chambers, US stocks may continue to pull back, while Bitcoin shows relative resilience.

Nov 4, 10:36

November 4: Liquid Capital founder Yi Lihua stated in a post that the Republican Party has likely lost both chambers, and the key state of Texas is also precarious. In that case, US stocks will continue to pull back, while Bitcoin originally had rebound demand after a 40-day correction range. However, with the Binance black swan event and Trump losing the midterm elections, Bitcoin has not yet reached the optimal correction position. Nevertheless, relative to US stocks, Bitcoin, which is in a bull market trend, has been quite strong, especially under an external environment where all factors are bearish.

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