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The crypto market has plummeted for two consecutive days, are you worried?
Don't rush, let's first look at a key variable - the U.S. government has been shut down for 35 days, tying the record for the longest shutdown in history! The two parties are locked in a dispute over the budget bill, and there have been 13 unsuccessful votes in the Senate within a month, with a 14th vote scheduled for today.
This "farce" has already hurt the U.S. economy: data shows that for every four weeks the government is shut down, GDP growth slows by 1-2%, resulting in a loss of 7 billion dollars; if it lasts for two months, the loss will soar to 14 billion! But my point is very straightforward: this is not a disaster, but a hidden opportunity!
The longer the government shutdown lasts, the more panic there is in the market, but there often lies a "golden pit" within the panic. Currently, institutions are fleeing, retail investors are on the sidelines, but smart money has quietly begun to position itself in high-quality targets.
After all, data does not lie: the more severely the economy is damaged, the greater the likelihood of policy intervention. Once the two parties reach a consensus and the bill is passed, market sentiment will quickly recover, and the rebound will come fast and strong, making it easy for those who panic sell to miss out.
What should retail investors do? First, closely monitor the results of the congressional vote; if the temporary bill passes, it could be a turning point and a good time to enter the market. Second, do not be swayed by short-term declines; remain rational and choose cryptocurrencies with strong fundamentals and long-term potential.
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