The US presidential election has gradually faded from people's view, and investors' attention is now focused on the Federal Reserve meeting on September 18th. Any policy mistakes could disrupt the already tense market due to signs of economic slowdown. Rocky Fishman, the founder of derivatives analysis company Asym 500, said, 'The main focus of the market recently may be the Federal Reserve and the beginning of the interest rate-cutting cycle. Although stock options reflect higher risks before and after the election day, the actual trading volume of options related to the election has been limited.' Traders are also waiting for the debate between Harris and Trump on Tuesday to further determine their bets on who will win the election. Investors will analyze the candidates' positions on issues such as tariffs, immigration policies, and corporate taxes. John Divine, the head of OTC trading at digital asset trading and technology company BlockFills, said that the short-term positioning of bitcoin is unusually dim. He said, 'The current bet is bearish before October 25th, and slightly bullish before the election. When observing November, we began to see that the buying price of call options was higher than that of put options, but the reality is not so, which is quite shocking to me and highlights the current market panic.' Divine added that while Trump is more favored by the crypto market, the boundary of who supports the crypto industry is becoming increasingly blurred. 'I don't think the market is trading solely based on who will win the November election. What's more important is that they are using this event to promote a narrative that aligns with the current bearish position.'