Bitfinex analyst: The market is taking a wait-and-see approach before the U.S. election, and volatility may rise significantly after the election

ChainCatcher news, according to Cointelegraph, Bitfinex analysts stated, "Although the market generally expects increased volatility before the U.S. elections on November 5, many market participants seem hesitant and have adopted a wait-and-see attitude. However, significant volatility is still expected in the short term after the elections, which could 'drive major movements,' or if it does not occur, it may be a warning sign of a 'deeper correction' for Bitcoin in a shorter time frame."