On Wednesday, the U.S. first-quarter GDP and March PCE data will be released, marking a crucial moment!! 🔥🔥💥🚀
From a cyclical perspective, if the market rises on Monday and Tuesday, it is likely to face a decline on Wednesday, potentially triggered by a piece of news, such as the release of the U.S. GDP!! 👏👏
The GDP data will reveal the health of the U.S. economy, with market expectations being quite conservative, at only a 0.4% growth rate. If it exceeds expectations, U.S. stocks and $BTC may experience a surge. But if the data falls short of expectations, be prepared for a roller coaster ride together 🚂🚂
Additionally, the PCE data reflects inflationary pressures, but the tariff hike in March may push prices higher. If the PCE rises significantly, market sentiment may be dampened. 😕😕
So Wednesday is indeed a critical moment!! 💪💪
