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🤣 That's ridiculous! Do you know that the US government is going to shut down tonight? What will happen to the crypto world?
The two parties in the United States cannot reach an agreement on the budget and are unwilling to compromise, leading to a direct shutdown. The unemployment rate data for Friday may not even be released. Currently, U.S. stock index futures have plummeted by 1%. Cryptocurrencies have a certain degree of de-dollarization, so although U.S. stocks are crashing, the crypto world remains relatively stable for now.
Actually, the trend of Bitcoin is very strong, but now there's news about a government shutdown, so we should operate a bit conservatively for now. However, overall, we are firmly bullish for October. October is the strongest month for Bitcoin, and even if there are some setbacks in between, it will still rise afterwards.
We already had everyone go long at 112,800 yesterday, so the surge is to be expected. Given the uncertainty of the closing, I may take profits at highs, and if Bitcoin rises to around the resistance of 117,800, I will see if I can short a position to catch a pullback.
Besides contracts, the spot/low-multiplier small coins have performed well. The pump we called out several times has risen another 20% today. Starting from the 22nd, we encouraged everyone to bottom out at 0.0051, and it eventually dropped to 0.0049, making for a perfect entry. It has now risen by 35%. I think there will still be opportunities for adjustments to add some ecological coins like Sol and Pengu. Holding them until mid-October should yield good results. Shu Qing has helped to filter these coins for everyone in the community.