# CryptoMarketWatch

This week's market is destined to be unstable. The expectation of interest rate cuts remains unclear, and last night Trump's comments on the Federal Reserve Chair appointment were clearly outside market expectations. The first reaction of risk assets was (let's just say a quick jab). This is not a technical issue; it's a disruption in the macro narrative.
Currently, the US Congress has only passed about half of the government funding bills. Based on past experience (December 2023), if the remaining budget or temporary extensions are not passed before January 30, a partial government shutdown

1️⃣ Coinbase announces withdrawal of support for the CLARITY crypto regulation bill, and the US crypto legislative process faces renewed uncertainty.
2️⃣ Global market risk aversion intensifies, with Bitcoin and mainstream crypto assets experiencing significant fluctuations, and short-term capital becoming cautious.
3️⃣ A long-term Bitcoin whale holding for over ten years chooses to take profits, cashing out hundreds of millions of dollars in a single transaction, drawing market attention.
4️⃣ Bitcoin repeatedly swings in the high range, as the market awaits further clarity on US regulation an