Here are a few reasons why I'm optimistic about the market in November: 1. First, Powell has said that threatening the market is something he does frequently, but I don't care what he says. The Fed often uses words to manipulate the market. The real key logic is the end of the balance sheet reduction in December. November will likely see the market digesting the positive impact of the December balance sheet reduction ending. 2. Regarding options, I discussed options a few days ago. The selling pressure was due to too many call options, and market makers needed to sell spot or open short positions to hedge their profits before the options were exercised. Now that options trading has ended, the market will gradually recover. 3. The institutions that will push up prices to sell during the Christmas season in December, as well as some big names or whales in the crypto market, are still there. This market is in a terrible state; if we don't pump the market to benefit it, it will be destroyed. Of course, some might ask why we need to pump the market in November. The reason is that there aren't many major news events in November, including the halted rhetoric about Trump's tariffs. This macroeconomic lull is the best time for the market right now. #FedRateCut