The core PCE price index for the US will be announced tonight at a month-on-month rate of 2.5%, in line with market expectations, with no big surprises. Stable inflation data means the Federal Reserve is unlikely to make any sudden moves on interest rates in the short term, which is a neutral message for the crypto market, at least it doesn’t pour cold water on it. However, market sentiment is still a bit conflicted; BTC has been feeling a bit like a 'roller coaster' these past couple of days, slightly declining against the backdrop of three consecutive days of gains in the US stock market.

Looking at the market, BTC is currently fluctuating in the price range of $102,000 to $106,000. The resistance level is near $106,450. If it can hold this point, the bulls may continue to push and reaching a new high is not a dream, especially with the FTX repayment (the flow of $5 billion) and the positive news from DJT's Bitcoin treasury still fermenting. But if it can't break through, the risk of a pullback is significant, with the support level to watch at $102,000, or even the daily low of $101,300. The short-term outlook is cautious, as macro issues related to tariffs are dragging things down, and BTC's upward momentum seems to lack an 'anchor'.

In summary, the overall market is bearish, waiting for good entry points to continue opening positions. #PCE数据来袭 #加密市场回调 #合约挑战