Previously, Powell was reluctant to cut interest rates, primarily due to concerns that tariff policies and fiscal stimulus would lead to excessively high inflation. Now that inflation has basically returned to normal, the market is betting that the Federal Reserve will cut interest rates in September.

I know many people are a bit pessimistic about the market right now, as it is being tossed around by Trump's policies. But what I want to say is: no matter how he operates, or how the big players manipulate the market, based on the released PCE inflation data, cutting interest rates this year is highly likely. Before the positive news materializes, Bitcoin will certainly continue to break through, Ethereum will continue to produce large bullish candlesticks on the monthly chart, and some altcoins will also surely experience significant market movements. #PCE数据来袭