JackYi: Republicans are likely to lose both chambers in the midterm elections, and US s

JackYi said Republicans will likely lose both chambers in the U.S. midterm elections, with Texas also at risk, and warned that U.S. equities may extend their pullback. He noted bitcoin had been due for a rebound after a 40-day range correction, but the Binance "black swan" event and Trump's midterm setback have kept BTC from reaching its ideal retracement level. Still, he argued BTC remains resilient relative to U.S. stocks given its bull-market trend and supportive external conditions. The commentary matters because it ties near-term crypto price action to U.S. political risk and exchange-specific shocks rather than to fundamentals.