Overview of important developments on the evening of November 5

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Cointime2024/11/05 13:11

By:Cointime

12:00-21:00 Keywords: election, ETH/BTC, Polymarket, Trump

1. The landing schedule of the past 7 US presidential elections shows that results were announced on the night of 3-4 times;

2. Pre-election "closing" polls show that Harris leads Trump by 4 percentage points;

3. US election prediction agency: the Democratic Party will win the House of Representatives with a one-vote advantage;

4. QCP Capital: Bitcoin's volatility on election night is expected to be about 3.5%, and the market may underestimate the risks after the election;

5. Trump's media technology group (DJT.O) rose more than 8% before the market opened;

6. The probability of Trump winning on Polymarket has risen to 61.5%;

7. Musk: Trump will win Pennsylvania by about 500,000 votes.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14