The heavy data is coming on Wednesday, and the financial market may face severe fluctuations
This Wednesday, the U.S. first-quarter GDP and March PCE data will be released, and this set of data will become a key factor in determining the market direction.
From a cyclical perspective, if the market shows an upward trend on Monday and Tuesday, there is a high probability that there will be a correction on Wednesday, and this data release is likely to become the trigger for market turbulence.
As a core indicator of economic conditions, the U.S. first-quarter GDP is under close scrutiny, with market expectations at only 0.4%.
If the actual data exceeds expectations, U.S. stocks and risk assets like BTC are expected to continue their upward momentum; conversely, if the data falls short of expectations, the market may face severe fluctuations.
At the same time, the PCE data cannot be ignored as it directly reflects inflationary pressure.
Due to the impact of the March tariff increase, there is upward pressure on prices, and if the PCE data rises sharply, it may trigger panic in the market, exacerbating market volatility.
This key point on Wednesday will undoubtedly become the focal point of investors' close attention.