As the U.S. government may face a shutdown, the Crypto Assets market is entering a critical period full of opportunities and challenges. This event not only affects global financial markets but could also serve as a catalyst for Bitcoin price breakthroughs.

The U.S. government shutdown is undoubtedly a financial uncertainty bomb. If the two parties fail to reach a consensus on the budget in early October, some government departments will have to close. In this scenario, a large number of federal employees will be forced to take unpaid leave, leading to reduced consumption and creating a micro fiscal tightening effect that could weaken overall economic confidence.

Historical data shows that during government shutdowns, the U.S. stock market typically experiences significant volatility. Investors often withdraw from high-risk assets in search of safer investment options. In the current environment, this flow of funds may create opportunities for the Crypto Assets market.

It is particularly worth noting that the views of the new generation of investors towards crypto assets, especially Bitcoin, are changing. An increasing number of millennials and Generation Z see Bitcoin as a decentralized "digital gold" and believe it has safe-haven properties. This shift in perception may attract some funds that originally invested in US stocks to flow into the crypto market.

In addition, market expectations for the Federal Reserve potentially cutting interest rates earlier are also increasing, which will undoubtedly serve as a boost for the crypto market. Once investors reach a consensus on this, it is likely to drive Bitcoin prices up.

However, for Bitcoin to return to the high of $120,000, it requires the joint push of multiple factors. Firstly, a government shutdown may be interpreted as evidence of flaws in the traditional financial system, and this narrative spreading through social media may attract more funds into the crypto market. Secondly, after two years of bear market adjustment, Bitcoin has accumulated enough upward momentum, and a government shutdown may become the trigger for a breakout. Finally, large financial institutions like BlackRock applying for a Bitcoin spot ETF creates a compliant channel for traditional investors to enter the crypto market, which may bring new capital inflow.

Nevertheless, investors need to be cautious. Over-reliance on narratives may lead to market bubbles, and new investment tools may also exacerbate price fluctuations. In this period of uncertainty, understanding market logic and seizing investment opportunities, while fully recognizing and mitigating potential risks, is essential to steadily navigate through this financial storm.