6🈷️PCE will continue to cool down, and the Fed is expected to cut interest rates in September❓
The June personal consumption expenditure price index report will be released at 8:30 pm tonight. The inflation data for several consecutive months will help strengthen the Fed's confidence that inflation is under control, which is exactly what we hope for. It is very likely to pave the way for the last interest rate cut this year
Now BTC has entered a deep V rebound and started to go sideways again. Will it return to 72,000 or fall below 50,000 again? From now on, BTC has broken through 67,470 and started to pull back. Try to see if it can stand firm. The support level is 66,890. If this section can be stabilized, it will definitely rise. I think there is still a high probability of stabilizing and rising. Going long is a better choice#
