🔥 The U.S. government shutdown has officially ended… and the market is stagnant! 🔥
Today was supposed to be a positive event for Crypto with the end of the government shutdown, but the market was waiting for important data: CPI!
Due to the delay in data during the shutdown, we did not receive any clear indication regarding interest rate cuts. Powell's recent talk indicated that he is not considering rate cuts in December.
Without economic data, traders are puzzled… the odds are almost 50/50 whether the Fed will cut rates or not?
📊 The result: the market is hesitant, the next movement needs real data… and that’s what the market is waiting for!
