#GovShutdownOfficiallyEnded

The formal end of the government shutdown has become one of the events that alleviates the tense situation that the market has been waiting for. During such times, price charts and macro-level psychology are equally important. Because whenever the duration of the shutdown is extended, budgets, the bond market, liquidity cycles, and risk appetite will be under chain pressure.

Now at least the uncertainty has disappeared. What I focus on in this kind of news is:

• How do bond yields react
• What range has the DXY been in over the past 24 hours?
Is there a jump in the trading volume of BTC?
• Has there been a short-term shift between gold and cryptocurrency?

Generally speaking, the closure signals the normalization of liquidity flow. This also brings short-term relief to risk assets, especially highly liquid assets like BTC. However, for a sustained trend, the market needs a new flow of information.

My reading is:
This development has allowed for a breather on the macro front, but the market's direction will still depend on the Fed's expectations in December and January. The end of the closure has only alleviated pressure; it has not determined the direction. However, I would like to say that every environment where uncertainty disappears is always healthier for the market.