As news broke that Trump was going to permanently lay off federal employees, the market's focus has shifted from the government shutdown to the increasing expectations of a Fed interest rate cut in October, which has been clearly stated in the weekly report. Trump has initiated a sinister layoff strategy by leveraging the Democrats' refusal of the budget, on one hand reducing labor data through layoffs, forcing the Fed to consider continuing to cut interest rates.

On the other hand, attributing the reasons for layoffs to the Democrats' rejection of the budget is a twofold approach. Although layoffs may cause some functional departments to come to a halt, the Fed and the tax department are still operational, and the military has not been affected. This will not impact Trump's strategy on tariffs and geopolitics; rather, the Fed has lost the data it relies on for assessment and can only depend on forecasts.
The final result is that Trump artificially dropped the U.S. labor data, putting the Fed, which relies on labor data to determine whether to cut interest rates, in a more tangled state. This should also be the main reason for the market's rise.
Looking back at BTC's data, the price increase has led to a rise in turnover rate. In the past two days, investors who bought the dip have been the main force in the turnover, and the primary reason for buying is the bet that the government shutdown is helpful for the Fed's interest rate cut in October, and it won't actually cause negative impact on the economy. Investors believe this is positively beneficial for the risk market. #GatePerpDEX正式上线