pino428 @pino428: "𝘿𝙚𝙖𝙧 𝙘𝙤𝙥𝙞𝙚𝙧𝙨 𝙖𝙣𝙙 𝙛𝙤𝙡𝙡𝙤𝙬𝙚𝙧𝙨 𝙬𝙚𝙡𝙘𝙤𝙢𝙚..."

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𝘿𝙚𝙖𝙧 𝙘𝙤𝙥𝙞𝙚𝙧𝙨 𝙖𝙣𝙙 𝙛𝙤𝙡𝙡𝙤𝙬𝙚𝙧𝙨 𝙬𝙚𝙡𝙘𝙤𝙢𝙚 𝙗𝙖𝙘𝙠. The U.S. manufacturing sector showed signs of stabilization in November 2024. 𝙏𝙝𝙚 𝙎&𝙋 𝙜𝙡𝙤𝙗𝙖𝙡 𝙈𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙋𝙈𝙄 index was revised upward to 49.7. While we still remain below the 50 level (the watershed between economic contraction and expansion), we saw a strong improvement over the forecast of 48.8. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, commented: "Optimism about the year ahead has reached a two-and-a-half-year high, driven by reduced political uncertainty following the election and expectations of stronger economic growth and increased protectionism under the new Trump administration." Businesses have also expressed greater confidence in the future, leading to an increase in hiring. 𝙏𝙝𝙚 𝙡𝙖𝙨𝙩 𝙣𝙪𝙢𝙗𝙚𝙧 𝙤𝙛 𝙅𝙊𝙇𝙏𝙎 𝙟𝙤𝙗𝙨 𝙤𝙥𝙚𝙣𝙞𝙣𝙜𝙨 increased to 7.744 milion (better than expected 7,48 milion) in October 2024 with an increased of 372,000. Inflationary pressures are decreasing, and the American economy is slowing down, but this is not creating structural problems for the economy. The latest data on the labour market also confirm that the central bank is doing its job at its best. The unemployment rate remains at the 4.2% level and November non-farm payrolls were better than expected at 227K versus the 202K expected. After the release of these data, the market is pricing at an 80% probability of a rate cut by the Fed. 𝘽𝙄𝙏𝘾𝙊𝙄𝙉 $BTC The crypto race continues and Bitcoin exceeds $100,000. Earlier this week, Federal Reserve chair Jerome Powell said bitcoin was comparable to gold - "It’s not a competitor for the dollar, it’s really a competitor for gold." After the price surpassed $100,000, the price $ETH as already widely predicted by many analysts. However, only after a few days, we are at the retest of this important level. 𝙀𝙏𝙃𝙀𝙍𝙀𝙐𝙈 $ETH The growing optimism of institutional investors is pushing the price of Ethereum towards new highs. On December 5, Ethereum ETFs saw record daily net inflows of more than $428 million, led primarily by funds such as BlackRock's ETHA and Fidelity's FETH. This fueled a rally that took the cryptocurrency above $4,000. The next steps could be a strong overshoot of $4,000, in order to reach the next two targets which surpass the historical highs at $4,600 and $4,800, with a possible increase of over 20%. Or, in the event of a retracement, the price could retrace and consolidate prices at $3800 / $3600, up to $3400. Thank you for your support. $XTZ $XLM

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