The policy "boots" have landed, will the Crypto market's "shaking" stop?
The U.S. House of Representatives will vote at 8 a.m. tomorrow to "rescue the situation," and the risk of a government shutdown is basically eliminated. Data shows that the probability of resuming work before November 15th has skyrocketed to 98%—this realization of expectations is more direct for the Crypto circle than anything else.
**What is the market most afraid of? Actually, it's "uncertainty"**
The shadow of the previous government shutdown has cast a pall, and Bitcoin and Ethereum have been trembling for several days, with the U.S. stock market not escaping either. Now, the policy-related concerns are about to be lifted, and the short-term market sentiment is likely to rebound first—not because of new positive news, but because the "dissipation of negative factors" itself can stimulate emotional recovery.
**But this does not mean an immediate rally**
It’s important to understand that the House vote passing is just a "realization of expectations," akin to applying brakes to recent panic, not stepping on the accelerator. In other words, the market may rebound slightly first, but don’t expect a surge—because this positive factor was already partly priced in before the vote.
**Both possibilities must be guarded against**
If the vote unexpectedly stalls (extremely low probability), the Crypto circle will likely experience a sharp drop followed by recovery; if it passes smoothly, it might instead see a slight pullback due to "profit-taking." The voting result tonight will be the "emotional switch" for the next two days' market trend—possibly rebounding first, then oscillating, or simply fading within a narrow range.
The key still depends on whether subsequent policy developments can evolve into bigger positive signals; otherwise, this rebound might just be a fleeting moment.
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The policy "boots" have landed, will the Crypto market's "shaking" stop?
The U.S. House of Representatives will vote at 8 a.m. tomorrow to "rescue the situation," and the risk of a government shutdown is basically eliminated. Data shows that the probability of resuming work before November 15th has skyrocketed to 98%—this realization of expectations is more direct for the Crypto circle than anything else.
**What is the market most afraid of? Actually, it's "uncertainty"**
The shadow of the previous government shutdown has cast a pall, and Bitcoin and Ethereum have been trembling for several days, with the U.S. stock market not escaping either. Now, the policy-related concerns are about to be lifted, and the short-term market sentiment is likely to rebound first—not because of new positive news, but because the "dissipation of negative factors" itself can stimulate emotional recovery.
**But this does not mean an immediate rally**
It’s important to understand that the House vote passing is just a "realization of expectations," akin to applying brakes to recent panic, not stepping on the accelerator. In other words, the market may rebound slightly first, but don’t expect a surge—because this positive factor was already partly priced in before the vote.
**Both possibilities must be guarded against**
If the vote unexpectedly stalls (extremely low probability), the Crypto circle will likely experience a sharp drop followed by recovery; if it passes smoothly, it might instead see a slight pullback due to "profit-taking." The voting result tonight will be the "emotional switch" for the next two days' market trend—possibly rebounding first, then oscillating, or simply fading within a narrow range.
The key still depends on whether subsequent policy developments can evolve into bigger positive signals; otherwise, this rebound might just be a fleeting moment.