The current international situation has a complex impact on the crypto market. In the short term, the U.S. Congress may face a risk of shutdown, which could lead to a pullback in the crypto market. However, in the medium to long term, the overall outlook remains positive, and the macro environment may gradually shift in favor of Crypto Assets.

If a government shutdown in the United States becomes a reality, it may suspend the release of unemployment benefit data, while potentially exposing a large number of federal employees to layoff risks. This situation will increase uncertainty in the market, affecting consumer confidence and job prospects, and could trigger a short-term pullback in the crypto assets market, where smaller coins may be hit harder.

However, the policy direction of the Federal Reserve has brought some positive signals to the market. Several officials have stated that if economic data supports it, there is still a possibility of a slight interest rate cut this year. This means that the dollar may weaken, market risk appetite may increase, which would be favorable for the crypto market. In this case, Bitcoin could break through the $150,000 mark by the end of the year, and Ethereum is also expected to reach new highs.

The impact on the crypto assets market can be analyzed from both short-term and medium to long-term perspectives. In the short term, the uncertainty caused by a government shutdown may lead to severe market fluctuations, with some funds potentially withdrawing temporarily from high-risk markets, putting pressure on Bitcoin and mainstream crypto assets, while smaller crypto assets may face a greater risk of sell-offs.

In the medium to long term, if the government shutdown exacerbates economic pressure, the Federal Reserve may be more inclined to adopt an accommodative policy, increasing expectations for interest rate cuts. In this scenario, crypto assets like Bitcoin may benefit, attracting more capital inflows. Therefore, the current market pullback could be the beginning of the next major bull market.

Although the market may face challenges in the short term, long-term investors should remain optimistic, closely monitor market trends and policy changes, and be prepared for potential investment opportunities.