💪Tonight, the U.S. May PCE data is coming, warning of volatility in the crypto market!
The U.S. May PCE data will be revealed tonight, with a focus on core PCE year-on-year and personal spending indicators.
PCE is the inflation indicator anchored by the Federal Reserve. If the data exceeds expectations, it may delay interest rate cuts, which would be negative for the crypto market; if it meets or is below expectations, it may strengthen rate cut expectations and inject liquidity into the crypto market.
Tonight, I'll also look for opportunities to take fans to the PCE special session. The last non-farm payroll and CPI data were all successfully captured, so if there's a good opportunity, let's see if you can seize it!
