#美国结束政府停摆

The U.S. government ends the shutdown, what is the market falling for?
Waking up in the morning really feels like washing my face with a waterfall, BTC has once again fallen below 100,000, and many altcoins are bleeding profusely!
It is necessary to test the bottom again! Last night's plunge was not due to a "fundamental collapse," but rather a combination of macro uncertainty, emotional resonance, and leveraged liquidation.
The end of the standstill is definitely a positive, but the key economic data that was delayed due to the standstill:
Employment, CPI, and non-farm data are either missing or delayed, making it impossible for the market to price them, which means investment expectations are gone and the pricing foundation has been removed.
It is understandable that technology stocks and cryptocurrencies have generally fallen, given that the rate cuts in December are still far off, hawkish sentiments have emerged within the Fed, and the data cannot confirm whether the economy is truly cooling. This is clearly a drop driven by panic selling, and currently, due to liquidity reasons, there aren't many people willing to buy, which is also very crucial.
If the uncertainty continues and the decline persists, a pullback to the "value zone" of 95K–92K would be a good buying opportunity, and the medium-term trend remains healthy.
Currently, the sentiment is in a state of "extreme fear"; historically, 80% of such situations lead to a rebound.
The expectation of a rate cut in December still exists, but the short-term market just doesn't see a direction right now. The strength of Bitcoin comes from the "spot-led cycle," not the leverage cycle. After washing away emotions and leverage, a trend is still a trend.
All declines are for a better rise! Stay patient, stay in awe!