Greeks Live indicates that the US government has officially ended its 43-day shutdown, the longest in history, during which a large amount of economic data was missing, forcing macroeconomic analysis to rely solely on forecasts. The December FOMC meeting is a crucial juncture. Interest rate futures indicate a roughly 50% probability of a 25bp rate cut. Bitcoin is in a "waiting for a signal" state, with $100,000 becoming a sensitive price level. Options open interest (OI) and trading volume continue to climb, indicating increasing market divergence; a "reasonable justification" could trigger a price movement.
The US government officially ended its 43-day shutdown, the longest in history; the December FOMC meeting becomes a key juncture.
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