PCE Soaring, September Rate Cut is a No-Go? Federal Reserve: Don’t Expect Me to Ease!
Data gets hot, and a rate cut becomes uncertain, crypto brothers, don’t get too excited!
Last night, the PCE inflation data came out, and the market was directly thrown off guard.
You thought easing was on the way, but the Federal Reserve came in with a fire extinguisher!
1. The Federal Reserve is now more afraid of the market going wild than you are.
Inflation is unmanageable, and a rate cut is like pouring oil on the fire. Don’t even think about easing; the Federal Reserve is too scared to even touch the water pipe right now.
2. CME Futures Market Expectations Plummet.
Last month, 60% of people bet on a rate cut in September, and now it’s been halved, with only half still stubbornly dreaming.
3. Internal Disputes at the Federal Reserve.
One faction wants to lower rates to be the “good guy,” while another firmly opposes any movement. The current main theme is—let’s wait and see! No one dares to make a decision.
4. Crypto Market: Short-term bias is bearish, don’t fantasize about a surge!
Altcoins originally hoped for “when the water comes, we’ll fly,” but the Federal Reserve said, “Hang on, we’ll talk about it next time.” This wave of altcoin rebounds will likely need to hit the brakes.
But don’t rush to lie flat!
Powell said “more time is needed for confirmation,” but didn’t rule anything out—if the August inflation and employment data softens, the script may reverse again!
In summary: it’s now a phase where “data determines life and death.” Don’t rely on expected trading; eat based on trends!
Current situation: September rate cut has been discounted; the crypto market is waiting for a new script to launch.
If you want to know how the next market trend will go, you can follow the rhythm of --ling to execute,
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