๐Now, a few words about the market
After last Friday's good inflation data, the market decline halted, and even experienced a slight recovery over the weekend. ๐
It's hard to say what will happen next, and there are several reasons for this:
โช๏ธ Possible U.S. shutdown. Federal budget (or temporary funding) approval is needed, and this has not yet been completed (the deadline is tomorrow). ๐
Although there are disagreements between the White House and Congress, it is likely that a shutdown will be avoided. However, if it occurs, it could negatively impact the markets.
โช๏ธ Seasonality: As of tomorrow, the fiscal year and month-end will close in the U.S., so we might see another sell-off in the stock markets, which Bitcoin may also follow. ๐
โช๏ธ Macro data: This week, labor market data will be released, and the market will react to it depending on the numbers. ๐
๐ชฌTherefore, it's very difficult to give definitive advice here. We are observing and expecting volatility in the markets. ๐