The Bitcoin high-level volatility is building momentum, and tonight's PCE data is key! How long can the bull market feast continue?

In our morning review on April 28, we decisively pointed out: after Bitcoin completed a 30-minute level pullback that day, those who reduced their positions could boldly re-enter, emphasizing that there is no major risk in the short-term spot market, while providing precise support ranges. Friends who followed the instructions can now hold their positions with peace of mind!

Since reaching 96,000 points on April 25, Bitcoin has entered a high-level volatility phase at the 30-minute level. It is worth noting that the longer the volatility lasts, the more it benefits the bulls in accumulating strength. Tonight, the upcoming PCE inflation data has become the focus of the market. If the inflation data falls sharply or is below expectations, it will further strengthen the market's expectation for Federal Reserve Chairman Powell to cut interest rates — and this judgment was proposed by Teacher Kunpeng months ago with a forecast of rate cuts in June! Furthermore, the teacher foresaw the upward trends in the Gengchen and Xinsi months two months ago, and now the trends are being validated, showcasing professional strength.

For investors, the current spot market risk is controllable. Every pullback or sharp drop is an excellent buying opportunity! In terms of operations, it is recommended to closely monitor individual coin resistance levels, possibly reduce some positions for profit-taking, or optimize sector holdings to prepare for the upward trends of smaller coins. Contract trading enthusiasts must remember: controlling positions is the core rule for survival in a bull market!