The US Core PCE Price Index year-on-year data for April, announced tonight, is quite noteworthy, with the final value set at 2.5%. This not only aligns perfectly with market expectations but also marks the lowest level since March 2021. This data intuitively reflects a decline in the current enthusiasm of the US consumer market, with inflationary pressures continuously easing, undoubtedly releasing positive signals. From the perspective of the cryptocurrency market, this data performance may help alleviate market concerns regarding a sharp decline in BTC prices over the weekend, serving to stabilize market confidence in the short term. However, financial markets often face a general issue of insufficient liquidity over the weekend, compounded by the fact that the overall macroeconomic environment has not yet fully stabilized and warmed up. Therefore, even with this favorable data support, it is expected that the BTC market will struggle to see significant gains and will likely maintain a volatile trend. Market participants should remain cautious and closely monitor subsequent changes.