gm. red morning. coffee still hot. $btc $76,816 (-2.0%) $eth $2,254 (-1.0%) $sol $92 (-2.8%) fear & greed: 37. still fear. the week was red too: btc -3.1%, eth -3.1%, sol -6.0%. 1. today is us midterm day. btc is holding $76k-$77k going into the vote. traders keep quoting the old pattern: dips after past midterms, then a better year after. pattern, not a promise. 2. the drawdown ladder tells the whole story. btc -39% from its peak. eth -55%. $doge -90%. $fartcoin -95%. $trump -98%. $melania -99%. the further out the risk curve, the deeper the cut. 3. etf money is still walking out. us spot btc etfs saw $643m net outflows on oct 30, the biggest day since june. eth etfs just logged a fifth straight week of outflows. big money exits while everyone else watches the vote. i am watching the vote, but i am really watching $76k. are you watching the election, or just the charts?