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Last night, the Bank of Japan once again hinted at a rate hike this month, and the market immediately responded with a blow—ETH instantly dropped to 3065. This move really caught a lot of people off guard. However, after the rate cut news came out of India this morning, the market rebounded slightly, giving everyone a bit of breathing room.

Here’s the key point: Tonight at 11 p.m., the U.S. will release the annualized Core PCE Price Index data for September. This indicator is one of the most closely watched inflation gauges by the Federal Reserve and directly impacts future monetary policy decisions.

Based on past experience, if the PCE data exceeds expectations, market volatility won't be small. It’s recommended that everyone manage their positions in advance—especially high-leverage traders. Take profits or cut losses where needed, and don’t wait until the data comes out to panic.
ETH-1.45%
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WhaleWatchervip
· 3h ago
As soon as Japan raised interest rates, ETH immediately plunged. This move was really unexpected... But India's rate cut provided some relief. Tonight's PCE data will be the real test.
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