Friends, good morning!

Today the US stock market will be closed for the day. However, geopolitical tensions remain present. The latest news is that Lebanon now has a new president, ending the prolonged vacancy in the presidential position.

Based on my previous observations, leaders in the Middle East region tend to show an initial stance different from when they take office, but over time they reveal their true agenda. Therefore, a period of relative geopolitical calm is likely to be maintained for a week or two, but tensions could resurface afterward.

Additionally, Federal Reserve officials have been making statements indicating that they will likely adopt a cautious and patient approach regarding interest rate cuts. It will all depend on the data, avoiding hasty or impulsive decisions.

Due to this, expectations for a rate cut in January have decreased. However, tomorrow the US non-farm payroll data will be released, and weaker economic figures are anticipated, suggesting that the Federal Reserve will need to maintain flexible monetary policies. This represents a benefit for cryptocurrencies.

Since the US stock market will be closed today, the local market in Mexico is expected to remain relatively stable. As for the price of Bitcoin, it will likely show an upward trend today, consolidating the emotional basis for a significant increase after tomorrow's non-farm payroll data.

In recent days, the CAON market has shown a steady upward trend with greater volatility. This indicates that its growth potential remains promising. Today we will continue trading in the team, with a profit target of at least 25% per trade.

Stay tuned for my trading notifications in the team.