On October 1st, the U.S. federal government officially entered a shutdown, an event that has caused quite a stir in global financial markets. This political deadlock is driving global capital to flow more rapidly, and the performance of various assets is worth paying attention to.

The US stock market may face pressure in the short term. Historical data shows that during government shutdowns, the stock market often exhibits a pattern of falling first and then rising. The suspension of economic data releases and the increase in policy uncertainty may suppress investors' risk appetite. However, the market is also speculating that this crisis could prompt the Federal Reserve to take early rate-cutting measures to stabilize the market. Therefore, any significant pullback could provide a good opportunity for investors to build positions.

The gold market is expected to deliver impressive performance. Government shutdowns are often seen as a significant catalyst for rising gold prices. Increasing political risks tend to drive safe-haven funds into the gold market, while the credibility of the dollar may also be called into question. From a technical perspective, gold prices have broken through key resistance levels and are likely to climb to higher levels.

Bitcoin's status as "digital gold" will be tested in this event. Its characteristics of being free from control by any single government and circulating globally may show greater advantages at this time. Meanwhile, the relatively friendly attitude of certain political figures towards cryptocurrencies may further enhance Bitcoin's appeal. Market funds may flow towards both physical gold and Bitcoin simultaneously, creating a dual hedge channel.

As a smart contract platform, Ethereum's performance may show divergence. In the short term, the price of Ethereum may follow Bitcoin's fluctuations, but the volatility could be greater. If the market starts to focus on the topic of "future financial infrastructure," the value of Ethereum's ecosystem may be reassessed. However, if the overall market risk appetite sharply declines, Ethereum may also face significant selling pressure.

This political crisis is becoming a touchstone for assessing the true value of various assets. Conservative investors may choose gold as a safe haven, while those with a higher risk appetite may bet on cryptocurrencies. Meanwhile, some savvy investors may look for mispriced investment opportunities during a pullback in the US stock market.

Although a government shutdown is not a catastrophic event, it does create a unique opportunity window for wealth redistribution. During this period of uncertainty, investors need to carefully assess the risks and potential returns of various assets to make informed investment decisions.