QCP Capital wrote that the US election continues to drive volatility in risk assets, with Trump's assassination bearing the brunt, and the major development last night was Biden's withdrawal from the campaign and support for Kamala Harris. This has led to volatility in cryptocurrencies, with Bitcoin plummeting more than 1,000 points last night, but recovering to $68,000 today. Election-related headlines will continue to increase market volatility, especially in the cryptocurrency market, and Trump will attend the Nashville Bitcoin Conference this weekend. Due to these uncertainties, the options market has become more volatile. The price of out-of-the-money options has risen sharply in the past 24 hours, indicating that the market expects more severe market volatility. As the situation of the US election becomes clearer and the possibility of a second rate cut before the end of the year increases, we continue to favor trading strategies that can provide greater returns when the market rises.