Originally, the position of the pancake 844 should have supported and rebounded well. However, at 1:20 PM, a message came: The unofficial vote count results from the U.S. Senate showed that the procedural vote held that day failed to advance the government funding bill that had been passed by the House of Representatives, and the U.S. federal government once again faced a partial "shutdown." It then rebounded directly to around 856 and fell back to around 833.
A shutdown is inherently bearish. Last October's shutdown, the big players deliberately turned the bearish sentiment into a pump and dump, and then a sharp drop occurred, resulting in "1011" chaos, bloodshed everywhere. This time it's happening again. I still think if the U.S. government shuts down on the 31st, it will still be bearish. Could it be that the big players will pump again? I really don't believe they will pump again. If they do, I will admit defeat.
Previously, it was said that a U.S. government shutdown, no interest rate cuts, and three bearish factors regarding Iran would lead to a decline. However, the market took three more days to fall, disrupting the rhythm!
I can only say the big players are very cunning, excellent at manipulating retail investors. Fortunately, I shorted in advance when it was falling and profited!
There is an old saying: In the face of news and the torrent of capital, technical analysis is of no use! Therefore, I always emphasize not to be superstitious about technicals. The big direction and news are more important than technicals, but they are also more difficult to learn and analyze, requiring long-term accumulation and summarization.
$BTC
