The dust has settled! On November 10, the U.S. government shutdown officially comes to an end, with the Senate passing a new continuing appropriations bill by a large majority, providing funding support for government operations until January 30 next year, temporarily resolving the previous fiscal deadlock.
What the market is more focused on is Trump's proposal to distribute $2,000 cash subsidies to the public. If this policy is ultimately implemented, it is expected to bring significant liquidity expansion, creating a dual favorable environment of 'fiscal expansion + monetary easing', which will undoubtedly be a major boost for the cryptocurrency market.
The market reaction was also quite swift, with cryptocurrencies collectively strengthening within an hour after the end of the shutdown: BTC surged 4.37% in the short term, ETH rose by as much as 7.34%, and $BNB returned to the $1,000 mark, increasing by 3.5%. However, objectively speaking, the current favorable conditions remain at the 'potential' stage — the government appropriations bill only addresses short-term funding issues, and the $2,000 subsidy has not yet been officially implemented, with its sustainability still needing observation.
For Bitcoin, the key right now is whether it can hold steady at the 106,000 mark, which is the core node to validate the effectiveness of the rise; if it can hold firmly, there will be confidence to launch an attack towards 108,000 later on; otherwise, a short-term rebound may just be an emotionally driven pulse market, difficult to form a true trend consensus.
