Tonight at 8:30 PM! Major US economic data is coming, will the crypto market face a short-term blow?!

Stay alert while watching the market tonight! At 20:30 Beijing time, the US will release three key economic data points: the year-on-year Core PCE Price Index, the month-on-month Personal Spending, and the month-on-month Core PCE. This is the Federal Reserve's favorite inflation indicator, directly linked to interest rate hike expectations, and the short-term trend in the crypto space depends on it!

Why is this data so important?

1. Inflation Barometer: If the released value is higher than the forecast, it indicates that US inflation cannot be contained, the Federal Reserve may become more hawkish, interest rate hike expectations will rise, the US dollar will strengthen, and Bitcoin and altcoins are likely to plummet in the short term; conversely, if the data is lower than expected, the market may breathe a sigh of relief, and funds might flow back into the crypto market.

2. Emotion Driven: The crypto space currently lacks direction, and large funds are waiting for macro signals. If the data is good, there may be a rebound after the negative news is fully priced in; if the data is bad, panic selling could occur but might present a buying opportunity.

Special Recommendation from Tege:

Before the Data: Brothers with heavy positions are advised to reduce their holdings, especially those with high leverage, to avoid liquidation. Keep some bullets, and wait for clear direction before taking action.

After the Data: If the data is negative: Don’t rush to buy the dip! Wait 15-30 minutes to observe market sentiment; if Bitcoin holds at support, then buy in batches.

If the data is positive: Act decisively to chase strong coins, such as Bitcoin or Ethereum, or prepare to buy undervalued altcoins.

For Long-term Players: Ignore short-term fluctuations, continue dollar-cost averaging for coin accumulation, the Federal Reserve's interest rate hike cycle will eventually end, and the bull market will return sooner or later!

Data volatility can be significant, so don’t get too excited! Set stop-losses, be prudent with profits, and don’t panic with losses. The crypto market is all about mindset, and Tege is here to help you stay grounded!

Click on the avatar to follow Tege, and explore the opportunities and challenges in digital currency together. In the midst of market fluctuations, let's discuss trends in the comments section and seize key moments. Tege is waiting at #美国宏观经济数据上链 #美国PCE数据将公布 #币安钱包TGE .