Market overview:
Today promises to be an eventful day on the financial markets. Yesterday's growth of the main indices, caused by positive news from the technology sector and easing inflation fears, created an optimistic background. However, the upcoming publication of data on the US labor market may make adjustments to the current dynamics.

Key events of the day:
US Labor Market Data: It was after the weak labor market data that the market showed a sharp decline on fears of a recession. Therefore, today the interest in this data will be maximum.

They will be released at 15:30 Kyiv time. At the same time, data on industrial inflation (PPI) will be released, which is a leading indicator for inflation. So by the opening of the session, the market will have decided where to go.

On the negative side, the dollar index is above 101.7.
S&P 500 and Nasdaq futures are currently showing slight gains.

Cryptocurrency market:
Bitcoin continues to consolidate in a narrow range, reacting to external factors. To consolidate the upward trend, it is necessary to overcome the level of $58,500. Altcoins demonstrate multidirectional dynamics, however, significant growth is expected after Bitcoin consolidates above $60,000.

Key factors for the cryptocurrency market:
Macroeconomic data: Central bank decisions and economic data have a significant impact on the cryptocurrency market.

Regulation: Uncertainty regarding cryptocurrency regulation remains a key risk.

Tech News: The development of blockchain technologies and the emergence of new projects can stimulate market growth.

Risks and opportunities:
Risks: Increased geopolitical tensions, new outbreaks of the pandemic, unexpected tightening of monetary policy.
Opportunities: Development of artificial intelligence, decentralized finance (DeFi), metaverse.

Recommendations for traders:
Risk management: Use stop losses, limit position sizes, diversify portfolio.
Technical Analysis: Studying charts, using indicators and patterns to determine entry and exit points for trades.

Fundamental Analysis: Monitoring macroeconomic news and events that impact the market.
News: Stay up to date with news about major companies, blockchain projects, and regulatory developments.

Conclusion:
The current situation on financial markets is characterized by high volatility. For successful trading, it is necessary to carefully analyze the market and make informed decisions.

Additional information:
NVidia:
There was a fall at the beginning of the session, but then the indices started to grow. The reason was the growth of NVDA, whose shares grew by more than 8%. They grew because the company's CEO Huang spoke well at the conference and told everyone that AI is the future.

True, the awareness of such prospects did not prevent him from selling a large block of his shares this summer).
Given NVDA's market capitalization, it has pulled the rest of the market along with it.

The FTX/Alameda wallet withdrew $24 million worth of Solana from staking. In total, the SOL wallet has almost a billion dollars. Is it possible that this Solana will be sold to pay off creditors, which are expected in October-November?

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. It is recommended that you consult a financial advisor before making any investment decisions.