According to Jake Chervinsky, the recent election has set the stage for what is being termed 'the most pro-crypto Congress ever.' This sentiment is bolstered by the fact that 19 Senate Democrats have opposed Elizabeth Warren's anti-crypto initiatives, signaling a strong potential for significant pro-crypto legislation in the current Congress.

According to @nic__carter, Trump's NFT scheme is rated 3/10 for its low stakes and initial appeal, which initiated Selkis' Mar-a-Lago arc. In contrast, WorldLibertyFi is rated 7/10 due to its perceived recklessness ahead of the election, as noted by @BitMEXResearch.

According to Miles Deutscher, ETF flows for Bitcoin ($BTC) and Ethereum ($ETH) have significantly slowed down following the initial surge driven by election news. The market anticipated these moves, with the majority of ETF buyers preemptively acting on the positive news surrounding Trump's election, impacting current demand.

According to Greeks.live, there is significant sentiment among traders that the election could be a 'sell the news' event, prompting potential downward pressure on asset prices. This sentiment is crucial for traders considering short-term positions around the election period. Monitoring market reactions and sentiment analysis tools is advisable for traders to navigate potential volatility.

According to @GreeksLive, there is significant interest in the election being perceived as a 'sell the news' event. This sentiment suggests traders might expect a downturn following the anticipated market reaction. It's crucial for traders to consider historical data and market trends when aligning with the crowd's perspective, as collective sentiment can often influence short-term price movements. However, no specific data was provided to substantiate this claim.

According to GreeksLive, this week is pivotal for Bitcoin investors due to significant macroeconomic events. The focus is on Friday's non-farm payrolls and unemployment data, which are the last critical economic indicators before the upcoming election. These data releases could influence Bitcoin's price movements, as they might affect market sentiment and monetary policy expectations.

According to GreeksLive, the October monthly expiry is imminent, and the month has not met expectations. Factors such as the upcoming election and interest rate cuts have not resulted in significant positive news or inflows for cryptocurrencies. The implied volatility (IV) for the election week remains at 55%, indicating market uncertainty.

According to @GreeksLive, there has been noticeable activity in the options market with traders putting on straddles and strangles for Bitcoin (BTC). The consensus is that going long on volatility as we approach the election period is a sound strategy, indicating a critical phase for BTC trading.