Good evening, brothers!

In the market economy created by humans, there has yet to be a good way to overcome the cyclical fluctuations of economic development. Although we have thought of various methods to "regulate" this alternating pattern, which may alleviate or delay these cyclical fluctuations to some extent, there is still no way to fundamentally change it. The stock market is ultimately a reflection of the real economy, or it can be said to be an amplified version of the real economy, which always alternates between so-called bull and bear markets over a certain period, or experiences so-called structural bull and bear markets.

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The "devaluation" trades triggered by the U.S. government shutdown have driven a rebound in global risk assets, with Bitcoin prices reaching a new all-time high. As political and economic uncertainties increase, investors are shifting their funds to assets like Bitcoin and gold to hedge against the risk of dollar devaluation.

The world's largest cryptocurrency reached a peak of $125,689 during the Asian trading session on Sunday (October 5), surpassing the previous record of $124,514 set on August 14. This rise in Bitcoin is supported by the increase in U.S. stocks and the inflow of funds into Bitcoin-related exchange-traded funds.

BTC: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains strong.

On the daily chart, the price continues to stay above the moving average support, and the price trend remains healthy.

In summary, the support level is 124,000, and the resistance level is 124,500.

ETH: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 4,570 and a resistance level of 4,590.

LTC: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 119 and a resistance level of 121.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 590 and a resistance level of 610.

That's all for now, good night!

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