ChainCatcher message, according to News.bitcoin, the cryptocurrency market has been as unpredictable as a U.S. government shutdown in recent days. There are reports that the U.S. government is about to close due to stalled spending negotiations, a situation that has historically impacted 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 'disastrous drop' around Trump's inauguration day. However, the crypto community is holding its breath, as Trump's inauguration may trigger a legendary 'God Candle' trend (note: 'God Candle' refers to a significant price increase within a day that overshadows surrounding activities on the price chart). This means the current market slump is merely a temporary calm, a bear market phase in a larger bull market cycle. If the U.S. resolves its 2025 budget issues 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. It is uncertain whether Trump's inauguration as President of the United States will usher in the anticipated boom in the cryptocurrency market.
