During the National Day holiday, the U.S. government shutdown triggered fluctuations in the financial markets. However, in stark contrast to the decline of U.S. stocks, the cryptocurrency market displayed an independent rising trend. Bitcoin broke through the key position of 110,000, and Ethereum also rose, showing a general pump in the entire crypto assets market.

This trend confirms the previous market analysis: although it may fall below 110,000 in the short term, it will not linger below that position for long, as the downward space is already very limited. On September 25, Bitcoin hit a low of 108,631, followed by a brief period of weak consolidation, but soon experienced a strong rebound. This 'rebound after breaking' trend pattern has appeared frequently recently, reflecting the complexity of the current market.

In the face of such a complex market environment, investors can consider two strategies: one is to reduce the risk of a single entry by diversifying investments; the other is to appropriately widen the stop-loss space to cope with short-term fluctuations. However, it is important to note that both strategies have their pros and cons, and the final choice should be made based on individual risk tolerance.

Currently, Bitcoin has reestablished itself above the key level of 110000, and it is expected to test the range of 117500-119500 next. If it successfully breaks through this range, it may indicate that the current bullish trend is nearing its end. Ethereum's performance is relatively lagging, as it has currently reached the resistance level of 4330, and attention should be paid to the validity of the support level at 4110 moving forward.

It is worth noting that the 'divergence' between the Crypto Assets market and traditional financial markets is not accidental. Looking back in history, during the U.S. government shutdown in 2013 (bull market cycle), Bitcoin rose by 14%; while in 2018 (bear market cycle) during the same period, it fell by 6%. This indicates that the price movements of Crypto Assets are more influenced by market cycles and narrative logic rather than short-term political events.

Currently, the Crypto Assets market is in a strong rise cycle, especially during the fourth quarter when Bitcoin demand increases. In this context, external short-term political noise has a relatively limited impact on the market. When making decisions, investors should pay more attention to the long-term trends and fundamental factors of the market, rather than being disturbed by short-term fluctuations.