#美SEC促进加密资产创新监管框架 There's a key data point to watch tonight at 11 PM—the US PCE inflation index. The market expects it to be the same as last month, both at 2.9%.
If the number really stays at 2.9%, that's actually a pretty good signal. At the very least, it shows inflation isn't climbing higher, the Fed doesn't need to get too nervous, and overall market sentiment won't collapse.
What does this mean for us crypto traders? When data meets expectations like this, it's usually not a bad thing. $BTC and $ETH will likely keep moving as they have been, with a higher chance of continuing to consolidate in a range. But there's one thing to watch out for—if the data unexpectedly jumps above 2.9%, that's trouble. If inflation rebounds, the market will panic immediately, risk assets will take a hit right away, and a short-term pullback is almost inevitable.
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SignatureLiquidator
· 19h ago
If this data really surprises us, we'll have to cut our losses overnight. If the PCE doesn't perform well, there's no hope.
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DataOnlooker
· 12-05 08:42
I'm keeping an eye on it, but I bet the PCE will keep rising. The Fed can't get inflation under control.
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CodeSmellHunter
· 12-05 08:41
Oh no, PCE is coming up again. If there’s a real surprise this time, we’ll be eating noodles again tonight.
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mev_me_maybe
· 12-05 08:33
If the 11 o'clock data really surprises to the downside, it's over. Feels like today will either be boring and range-bound or a direct dump.
#美SEC促进加密资产创新监管框架 There's a key data point to watch tonight at 11 PM—the US PCE inflation index. The market expects it to be the same as last month, both at 2.9%.
If the number really stays at 2.9%, that's actually a pretty good signal. At the very least, it shows inflation isn't climbing higher, the Fed doesn't need to get too nervous, and overall market sentiment won't collapse.
What does this mean for us crypto traders? When data meets expectations like this, it's usually not a bad thing. $BTC and $ETH will likely keep moving as they have been, with a higher chance of continuing to consolidate in a range. But there's one thing to watch out for—if the data unexpectedly jumps above 2.9%, that's trouble. If inflation rebounds, the market will panic immediately, risk assets will take a hit right away, and a short-term pullback is almost inevitable.
So keep a close eye on this data tonight. $BNB