The three most important things to watch in the crypto market in November: 1. The US midterm elections: Voting starts tomorrow, with results expected starting Wednesday morning Beijing time. The Clarity bill failed to pass the Senate in September by a 49-50 margin. Whether the Republicans can retain control of the Senate will directly determine the bill's future. 2. US-Iran negotiations: Qatar's mediation efforts have stalled after three days. Trump stated he wouldn't take action before the election but wouldn't rule out further conflict afterward. This will impact oil prices, inflation, and risk appetite. 3. MSCI will announce its index adjustment list on November 11th. Strategy and Metaplanet (the Japanese version of MicroStrategy) are on the potential removal list, effective after the market closes on November 30th. This could affect market liquidity.