【Warning】There will be a major shake-up in the cryptocurrency market tonight!

The U.S. Department of Commerce will release the PCE price index data at 9:30 PM tonight, which is the most important inflation indicator for the Federal Reserve.

Currently, the market expects the PCE to rise to 2.6%, and this expectation is relatively aggressive. The market has already significantly priced in the PCE increase, so it should be quite difficult to exceed expectations and reach above 2.6%.

Therefore, if it reaches 2.6%, it will just meet expectations, and there shouldn't be much decline. If it exceeds 2.6%, it will be a huge negative signal; however, theoretically, the probability is not large. On the other hand, if it is below expectations, it will be a positive signal.

The market expectation for core PCE remains unchanged, which could have a greater variable.

For example, last month's CPI data showed a slight decrease of 0.1, which was slightly below expectations, causing Bitcoin to surge by 4,000 points; conversely, it would drop significantly.

I think the ratio of positive to negative signals is about 6:4!