#USCorePCEMay
📊 U.S. Core PCE (May) – released June 27, 2025:
Core PCE YoY: 2.7%, slightly above forecast (2.6%) and up from 2.5% in April.
Headline PCE: 2.3% YoY, with a 0.1% monthly gain.
Takeaway: Core inflation is stubbornly above the Fed’s 2% goal, likely pushing rate‑cut bets to September or later.
📈 Crypto Perps Snapshot:
BTCUSDT: ~$107,000 ▼ –0.5% intraday
ETHUSDT: ~$5,900 ▼ –0.4%
SOLUSDT: ~$168 ▼ –1.0%
BTCDOMUSDT (BTC dominance): ~65.7% ▲ +0.5%
Key Insights:
BTC remains above support (~$105K), but softness on the PCE may mute a stronger bull reaction.
ETH is consolidating above $5.8 K; holding that level keeps upside scenarios alive.
SOL is under pressure near $168, though RSI indicates a potential bounce.
Bitcoin dominance hovering near 66%, a potential sign that altcoins may underperform short term .
Watchlist Levels:
Symbol Key Levels Watch Notes
$BTC $105 K support / $110 K–$112 K resistance A break above could reignite bullish momentum; a break below, deeper pullback to ~$100 K possible
$ETH $5.8 K / $6.2 K Holding $5.8 K is crucial; stepping above $6.2K could trigger a replay toward $6.5 K
$SOL $165 support / $180 ceiling RSI shows bullish divergence – bounce possible if macro tailwinds persist
Macro & Crypto Interplay:
Core PCE at 2.7% YoY delays expectations of Fed cuts until at least September .
That said, U.S. consumer spending dropped in May (–0.1%) ; if this trend continues, growth‑slowing dynamics might open the door for Q4 rate cuts.
Historically, BTC dominance near 66% often precedes altcoin resistance while traders await more favorable macro signals .
Next Catalysts to Watch:
June CPI/PCE (July mid‑month): a cooler print could reignite risk rallies.
Fed commentary — especially caution from Powell or others about inflation or tariff pressures.
Crypto flow data: Watch for shifts in BTC vs altcoin dominance that may signal broader rotation trends.
In short, the market lacks significant momentum at present, as inflation and interest rate uncertainties have left investors hesitant.