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Bitcoin Long Wick Candle at $94,000 creates a six-month low, market sentiment turns to extreme panic, Ethereum nearly sees the 2 range.

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Due to the cooling expectations of the Fed's interest rate cuts, Bitcoin's long wick candle reached $95,000, hitting a six-month low, and market risk sentiment has clearly shifted to panic. (Background: The U.S. is about to end the government shutdown! The bipartisan Senate passed a “temporary spending bill,” and Trump coin WLFI surged 30%) (Additional background: Goldman Sachs predicts that the “U.S. government shutdown” will end within two weeks, and the Fed's December interest rate cut is “more justified”?) Bitcoin continued to fall this morning, hitting a low of $94,000, the lowest since early May this year, and has slightly rebounded to $95,506 before the deadline. Coinglass data shows that the market has once again entered extreme panic sentiment (value 15). Ether almost reached the $2,000 mark, reporting $3,169 before the deadline. U.S. stock investors are on the sidelines. In the U.S. stock market, investors are worried about the high valuation of tech stocks, and the FedWatch tool shows that the probability of the Fed cutting interest rates by 25 basis points in December has fallen below 50%. Overall, the market closed lower on Friday; however, the Nasdaq halted three consecutive declines, with Nvidia and Oracle seeing slight rebounds. The Dow Jones fell by 309.74 points or 0.65%, closing at 47,147.48 points. The S&P 500 fell 0.05%, closing at 6,734.11 points. The Philadelphia Semiconductor Index fell 0.11%, to 6,811.20 points. The Nasdaq rose slightly by 0.13%, closing at 22,900.59 points. Related reports: The U.S. government shutdown continues; the Senate has rejected the funding bill for the 12th time, worsening the healthcare reform and military pay crisis. The Fed's spokesperson warns: the government shutdown makes Fed decision-making difficult; will they cut rates in the dark by the end of the year or cancel it? The U.S. government shutdown has resulted in “lax crypto regulation”: Litecoin ETF is stalled, with 90 applications all called off. <Bitcoin's long wick candle at $94,000 creates a six-month low, market sentiment turns to extreme panic, Ether almost hits the $2,000 mark> This article was originally published in BlockTempo, the most influential blockchain news media.

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