November will bring multiple key catalysts to the market. At the beginning of the month, the U.S. midterm elections, the nonfarm payroll report, and the October CPI will be released in succession, prompting the market to reassess the U.S. economy, inflation trajectory, and the Federal Reserve's December policy expectations. 💻 In the tech sector, earnings reports from Apple, Palantir, AMD, and Nvidia will be released intensively; the commercialization progress of AI, data center demand, and capital expenditure outlook remain market focal points. 🔐 The crypto market also faces important milestones: Devcon 8 and Solana Breakpoint will be held this month, with product and collaboration developments around the Ethereum ecosystem, stablecoins, RWA, payments, and on-chain finance worth watching. At the end of the month, the second estimate of U.S. Q3 GDP and October PCE data will provide further validation of economic growth and inflation trends. Macro data, AI narratives, and on-chain ecosystems intertwine, making November market volatility a key focus. 💡 Check the full November financial calendar to grasp important market milestones in advance. 🔔 Friendly reminder: Dates are organized according to Beijing time; earnings reports and event schedules may be adjusted, please refer to official latest announcements. Download and save the original image for clearer details.

The U.S. midterm elections do not elect the president, yet they attract attention from both the crypto industry and financial markets. On one side, crypto-related PACs invest large sums in congressional elections, supporting candidates they endorse or opposing those they do not; on the other side, the market discusses historical statistics such as "the probability of the U.S. stock market rising about 95% one year after midterms" and "BTC's past bear market lows have all occurred after midterm elections." #美国中期选举在即，哪些结果值得关注？ Why does the crypto industry place such importance on an election that does not choose the president? Can these historical trends be used to predict the next market moves? ❶ Why does crypto heavily invest in midterm elections? The key lies in congressional seats. The U.S. midterm elections reelect all 435 House seats and about one-third of the Senate seats. The election results may change the majority party in both chambers of Congress, and legislative issues related to digital asset market structure and taxation are closely tied to Congress. Therefore, for the crypto industry, the midterms are not only about the victory or defeat of individual candidates but also affect the future composition of Congress and the legislative environment. 📌 According to CoinDesk, before the election, the combined election-related spending of three major crypto industry super PACs was about $170 million, including approximately $154 million spent by Fairshake and its affiliated organizations. These funds are used for election activities such as advertising, mail, and text messages to support or oppose different congressional candidates. Therefore, what deserves attention is not