In recent days, the cryptocurrency market has been as unpredictable as the U.S. government shutdown, with reports that the U.S. government is about to close its doors due to stalled spending negotiations. Historically, such situations affect the market in various ways. Due to the disillusionment of market participants' short-term expectations, Arthur Hayes believes that the cryptocurrency market will experience a 'dismal decline' around Trump's inauguration day. However, the crypto community is holding its breath in anticipation that Trump's presidency may trigger a legendary 'God Candle' trend (note: 'God Candle' refers to a significant price increase within a day, overshadowing surrounding activity on the price chart). This suggests that the current market slump is merely a temporary calm, a bear market phase within a larger bull market cycle. If the U.S. resolves the budget issues for 2025 and Trump implements several Bitcoin-focused strategies to encourage the market, Bitcoin could see a significant recovery. Of course, the immediate price trend of Bitcoin remains unclear. Whether Trump's inauguration as U.S. President will usher in the expected cryptocurrency market boom is still uncertain. (News.bitcoin)

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