Yili Hua: The Republican Party May Lose Control of Congress, US Stocks May Correct, Bitcoin Shows Resilience

Yili Hua, founder of Liquid Capital, stated on the X platform that the Republican Party is likely to lose control of both chambers of the US Congress, with key districts in Texas facing precarious election situations. Against this backdrop, US stocks may continue to correct. Yili Hua pointed out that Bitcoin has shown signs of rebound demand within a correction range of about 40 days, but due to the Binance black swan event and Trump's defeat in the midterm elections, Bitcoin has not yet corrected to an ideal position. Compared to US stocks, Bitcoin has demonstrated strong resilience in the current bull market trend, especially in a nearly entirely bearish external environment.

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