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The sharp drop has only just begun; hold your positions for a few days and wait for the Democrats to put on a show! 11.6 BTC and ETH outlook

After the Democrats won the midterm elections, U.S. stocks surged on Wednesday, but the Nasdaq Composite plunged on Thursday as investors pulled out of tech stocks for a second consecutive trading day. The tech-heavy Nasdaq fell 3.3%, while the S&P 500 dropped 1.9%. The Dow Jones Industrial Average fell 0.9%. Investors worry that the Democrats’ control of both chambers of Congress, along with their wins in key gubernatorial races, could lead to more regu
ETH-1.26%
BTC-0.67%
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📅November 6 (Friday) Macro & Finance | Beijing Time

Key event: US nonfarm payrolls at 21:30 are the day's highest-impact data release, directly affecting market volatility

1. 15:00|Germany's September seasonally adjusted industrial production month-over-month; UK's October Halifax house price index month-over-month
2. 15:45|France's September trade balance
3. 16:00|Switzerland's October consumer confidence index
4. 18:00|Eurozone's September retail sales month-over-month
5. 21:30【Major】US October nonfarm payrolls, US October unemployment rate
6. 23:00|US preliminary University of Michigan c
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Take a look at my daily activities in the imperial circle.

As you can see:
1. I reviewed 493 memorials—one could say I’m busy from dawn to dusk.
2. The consorts in my harem are still fiercely competing for my favor.

So ordered~
A strong start to Friday: 75,300 is the precise dip-buying level, with 1,000 points of room $BTC
BTC-0.65%
Exclusive Perks for New and Existing Users, Share $25,000 in SPCXG https://www.gate.com/campaigns/6724?ref=VLARBF1YAG&ref_type=132
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SPCXG+0.22%
This article’s analysis is quite on point. Sharing it for everyone’s reference:

November 6, “Ban Artificial Superintelligence Act (2026)”

🟢Core provisions of the bill

Permanently ban superintelligence. Definition of ASI: AI that comprehensively surpasses human cognitive abilities in the vast majority of fields, or has the ability to destroy or subjugate humanity (including [R]); all individuals and organizations are prohibited from developing or deploying such superintelligence.

Immediately pause the development of advanced frontier AI. Until a new cabinet-level AI regulatory department i
BTC-0.67%
ETH-1.26%
The accessories I just bought—do you like them?
outfit of today
Hey guys, if anyone can't get in, please check the only account I follow for copy trading. I don't charge a profit-sharing fee either, or you can search for Lao Zhang Studio
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☀️ GM! Markets hit the brakes. What's the next signal? 🚦
Nasdaq fell 5.52%, BTC traded near $76K, and the US jobs report drops at 8:30 AM ET.

📌 Today's topic: What's your game plan before NFP?
🔴 Red: More downside ahead?
🟡 Yellow: Wait for the jobs data?
🟢 Green: Looking for opportunities?

🎁 Share your outlook on Gate Square. Post to claim a red packet, with bigger rewards dropping at random.
👇 Share your take: https://www.gate.com/post
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Big Tech Earnings Season: Invite Friends to Trade Stocks and Share $52,000 in MSFTG Rewards https://www.gate.com/campaigns/6745?ref=VLARBF1YAG&ref_type=132&utm_cmp=k1KckVOV
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MSFTG+0.57%
☀️ GM! The market suddenly hit the brakes—what signal will tonight’s nonfarm report flash? 🚦
The Nasdaq plunged 5.52% last night, while BTC pulled back to around $76K . The U.S. nonfarm payrolls report is due out tonight at 21:30. 👀

📌 Today’s featured topic: How will you adjust your trading strategy ahead of the nonfarm report?
🔴 Risk watch: Will U.S. stocks and BTC remain under pressure?
🟡 Waiting for confirmation: What changes could the nonfarm report bring?
🟢 Looking for opportunities: Are there any assets worth watching in this pullback?

🎁 Come share your nonfarm predictions and t
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One night, $3 trillion—why?
On November 5, in a single night, the US stock market lost $3 trillion.
The S&P 500 fell 4.36%,
the Nasdaq 100 fell 6.36%,
and the Nasdaq Composite fell 5.52%.
The Philadelphia Semiconductor Index fell 12.25%,
its worst day since the March 2020 circuit breakers.
Bitcoin fell more than 5%.
The VIX fear index surged 70%.
Nvidia alone shed $447 billion,
Tesla fell nearly 11%, Micron and AMD fell more than 17%, and SanDisk fell 22%.
Memory, optical communications, cloud services—no part of the AI chain was spared.
The trigger was the election two days earlier.
Democrats
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$$SOXS posted a 31.53% range in a single day, from 85.42 to 59.42, with 26-point wicks on both sides. This isn’t market action; it’s a meat grinder. Trading volume hit $1.69 billion, with traders caught up in a furious battle. At 78.55 now, anyone chasing in is just helping those who took profits earlier ride their gains.
The market sentiment is plain to see: SOXS is a semiconductor inverse ETF, and today’s surge shows that money is rushing to exit semiconductor stocks. Panic selling and algorithmic stop-loss orders piled on top of each other, driving the sell-off. But note that from the 24-h
SOXS+37.84%
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🚨 Signal card · just captured
Source: Aesthetic_Meow Asset: $T Short entry: 0.004624 Targets: 0.0046001886 / 0.0045874891 / 0.0045763771 Stop-loss: 0.0046557486
Come to think of it, I reposted this person's $FOGO trade earlier today, and here they are again—their reflexes are seriously quick.
As usual: I only relay the info; judge for yourself whether it's legit. Whether to follow and how much to put in is up to you, dear 😤
Personal notes shared for informational purposes only, not investment advice. #US stocks AI sector trends diverge: cloud service providers strengthen while data cen
FOGO-3.35%
$BTC Buy walls are starting to cluster below! The price in the chart has fallen to $75,896.9. There’s a $41.2 million buy order at $75,000! Near-price order book imbalance has turned positive, at 20%. Can buyers absorb this sharp drop? In our order book chart, BTC has fallen from a high of $81,188, hitting a low of $75,525, and is now fighting to hold around $75,900. There are about $22 million in futures buy orders at $75,500, about $20 million in spot buy orders and $21.2 million in futures buy orders at $75,000, and another buy wall of about $21 million at $74,843. The order book imbalance
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BTC-0.67%
ETH-1.26%
SNDK-22.24%
Trade, Profit, and Hold to Climb the Ranks, Win INTC Stock https://www.gate.com/campaigns/6810?ref=VLARBF1YAG&ref_type=132
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INTC-10.58%
November 6 analysis: Bitcoin's daily decline is nearing its end, and the expected support level has almost been reached. If it wicks lower again, it is expected to break below 74000 and touch 73500, ending this downturn. A crazy bull market will begin afterward. Ethereum's downside momentum has clearly weakened and is also nearing its end. The weekly trend remains bullish; this decline is merely a weekly pullback for confirmation.$BTC $ETH
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