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#美国部分停摆结束 U.S. Government Shutdown Crisis Temporarily Resolved! Bitcoin and Ethereum "Bottoming Out" and Rebounding, Can Prices Continue to Rise?
From a macro perspective, the escalation of the US-Iran conflict and the decline in US stocks have to some extent increased market uncertainty, especially affecting the cryptocurrency market, which shows a downward pressure trend. The worsening of the US-Iran situation, particularly the tensions related to Iran's nuclear issue, still has a significant impact on market sentiment, driving capital outflows from the crypto asset market and causing increased price volatility for Bitcoin and Ethereum.
However, news in the early hours provided some relief, as Trump signed a bill ending the US government shutdown, bringing a certain boost of confidence to the market.
The resolution of the US government shutdown crisis eased market concerns, leading to a rebound in capital inflows, especially into cryptocurrencies, helping the market recover.
On the technical side, Bitcoin experienced significant volatility yesterday, initially oscillating lower and then showing a strong rebound. On the daily chart, after a sharp decline, technical indicators such as RSI and MACD began to show signs of recovery, indicating that there is still some rebound demand in the market. Although the short-term rebound strength is limited, the price has already found support in the 73,000-74,000 range and formed a certain consolidation zone. Bitcoin's short-term resistance is mainly concentrated around the 78,000-79,000 range, which was the high point during yesterday's white session oscillation. If this area can be broken through, the price may further rise and even test the important 80,000 level. Support levels below are around 74,000-73,000; if the price dips again and reaches this level, a rebound could still occur.
For Ethereum, the technical outlook also shows a similar trend. After rebounding to around 2,350 yesterday, Ethereum failed to maintain the upward momentum and the price subsequently declined again. On the daily chart, RSI indicates that the market remains in a state of oscillation during the technical recovery process, and there may still be further downward pressure in the short term. The four-hour chart shows that the price has entered a short-term consolidation zone, and it is expected to oscillate between 2,500 and 2,100, awaiting further market guidance.
Currently, the short-term rebound and recovery of Bitcoin and Ethereum are still influenced by macro risks and market sentiment volatility.
Although the US government shutdown crisis has been resolved and market sentiment has slightly improved, uncertainties such as the US-Iran situation and Federal Reserve policies still exist. Investors should remain vigilant about macro risks, especially the potential impact of geopolitical factors on the market.
From a technical perspective, the rebound space for Bitcoin and Ethereum is limited in the short term by key resistance levels around 80,000 and 2,400. If these levels cannot be broken, prices may continue to oscillate within the current range. Relatively, short-term support levels are around 74,000 and 2,100; if these supports are broken, the market could face greater downward pressure.