Analyst: Moody's Downgrades US Credit Rating, Crypto Assets Become Safe Haven

On May 16, the international credit rating agency Moody's officially downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing the continuous rise in U.S. government debt levels and the increasing proportion of interest payments. At the same time, the rating outlook was adjusted from "negative" to "stable." This marks the U.S. being completely stripped of the AAA highest credit rating by all three major rating agencies.

Analyst recommendation: Moody's downgrade reinforces market focus on U.S. fiscal risks, which will support the mid-term trend of safe-haven assets like Bitcoin. From a technical perspective, if BTC holds steady at the $100,000 support, it is expected to test the $105,000 resistance area. It is recommended to continue positioning in crypto assets with the ability to resist U.S. dollar depreciation, such as BTC, ETH, and supply-deflationary public chain tokens. Short-term pullbacks should be viewed as mid-term entry opportunities.