Two days before the government shutdown, I guessed correctly about 25% of the time and casually threw away 100u, reasoning that the major airports were already in chaos and couldn't hold out too long, so I chose a high odds of 12-15.
Once the government starts working again, the special family will begin making money again, and the days of jumping around in the cryptocurrency market will return. Today, mainstream cryptocurrencies have risen ahead of pre-market trading in the U.S. stock market, which appears to be a good signal; at least it's no longer as weak as before. The short-term drop below 10w has mostly corrected, and with the expectation of the government ending the shutdown this week, the U.S. stock market should also rise with the news, so overall it should be stable with an upward trend, with strong resistance around 11w.
The unresolved issue currently is that there is significant selling pressure, and during rebounds, demand is still insufficient. Therefore, it is highly probable that we will continue to see a range-bound fluctuation in the market, making it difficult to directly initiate a strong upward trend.
Once the government starts working again, the special family will begin making money again, and the days of jumping around in the cryptocurrency market will return. Today, mainstream cryptocurrencies have risen ahead of pre-market trading in the U.S. stock market, which appears to be a good signal; at least it's no longer as weak as before. The short-term drop below 10w has mostly corrected, and with the expectation of the government ending the shutdown this week, the U.S. stock market should also rise with the news, so overall it should be stable with an upward trend, with strong resistance around 11w.
The unresolved issue currently is that there is significant selling pressure, and during rebounds, demand is still insufficient. Therefore, it is highly probable that we will continue to see a range-bound fluctuation in the market, making it difficult to directly initiate a strong upward trend.