#美国终止政府停摆危机 Tonight's market looks quite strange — continuous decline without acceleration, and the bears tried twice to push the price down but failed to break through. Why is that? The market is actually waiting for the US stock market to show some attitude.

My judgment is this: US stocks are likely to hit a bottom at the open tonight, then quickly rebound and rally.

Although the futures are weak, the VIX fear index hasn't spiked accordingly; funds haven't really left, just nerves are stretched tight. After Bitcoin and Ethereum broke support levels, they didn't continue to fall sharply, which indicates that the bears lack sufficient strength. The regulatory news is mostly creating short-term panic, but a true trend reversal is still far off; funds are still observing on the sidelines.

What to watch for? The first 5-minute candlestick after the US market opens. If it can quickly recover more than half of the decline, it confirms emotional recovery, and a rebound will follow. If it can't, that's okay too — just more time is being spent, but the bears can't shake the market entirely; the rhythm will slow but not collapse.

Now is not the time to turn bearish, but rather a critical point where emotions are at their limit. As long as the US stocks stabilize slightly, Bitcoin and Ethereum will also see a corrective rebound.

Just be patient and wait for the signals.