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Kirill

@ya-mag

Today at 3:30 PM, inflation data will be released. In order to continue the bullish scenario, at least in the stock market, as cryptocurrencies are currently suffering from FUD and government selling in Germany, we need to see a continuation of inflation decrease today. It is expected that inflation will continue to decline. On one hand, we saw a cooling of the labor market in June, which is a deflationary factor. On the other hand, there was an increase in oil prices in June, which is an inflationary factor and causes some concern. Therefore, there is no 100% certainty of inflation decline, but the market still expects 'magic' from the Fed. We are betting on a continuation of the bullish market in anticipation of the elections and hope that cryptocurrencies will soon start catching up with the indices."
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