BNB new ATH of 900, Eth up 14% and 100% volume increase in 24h, everything else up 10%+, short traders getting penetrated from behind.

People clearly have money waiting to be thrown at the market.

IF rates are cut and everything goes well, we will see a big fat bullrun and none uf us will be monetarily challenged anymore.

touch wood and don‘t jinx it.

This is a MUST to read.

https://x.com/kobeissiletter/status/1959279096292053363

Another important day for the rate cut fanatics

Today is Payroll day. We‘ll be hearing how many job were added/lost in August.

Expectations are ~ 70,000 - 100,000 added. If lower than expectations rate cuts 100% inbound.

22,000 added in August far bellow expectations…

unemployment rate also rose a little

US labor market is in shambles

Probability of rate cuts are now at 100%

The chance of a 50 bps cut has risen from 0% to 11%

Probability of a further rate cut towards the end of the year continues to climb. Good times ahead for us.

The US job market is incredibly weak, as shown in todays job revision.

In two days the CPI will be released. expected is 2.9%. If by some miracle it is lower than the 2.7% from July, we might see a big green spike, with higher chances for a larger rate cut.

I'm holding out on any big trades until then. with all these statistics coming out, the market is too volatile.

With the PPI being much lower than expected, we saw a nice little pump today. Important will be tomorrow.

The chances of a 50bps cut shot up more than double and is now 19%.

Important will be the CPI tomorrow. If they are also lower than expected, that is extremely bullish and we‘ll see more green.

Rest in Peace Charlie Kirk

Prayers go out to Charlie's Family and Iryna Zarutska who's murder has recently been seen in the spotlight. My Prayers also go out to everyone else who has been and is being affected by these types of violence. This can not continue the way it is going.

https://x.com/kobeissiletter/status/1985776701872488687

good lil read for everyone