U.S. inflation data PCE to be revealed 📣 Short-term key observation in the crypto market 🔍 It is recommended to strictly control positions to cope with volatility.
Tonight at 20:30, the core PCE price index and overall PCE data will be released, serving as the Federal Reserve's preferred inflation measure ✅ Market forecasts a slight increase ⬆️
At 22:00, there will also be Michigan consumer confidence and inflation expectations data released, with forecasts in line with the previous period, indicating that the market is still conservative about the economic outlook 😐
Bitunix analysts recommend 📊
The crypto market has entered a short-term wait-and-see zone, and the data results will be a key factor in determining the short-term direction 👀
💡 It is recommended that investors do not chase prices before the release. If the PCE meets expectations and is dovish, cryptocurrencies may usher in an opportunity to catch up; otherwise, positions should be reduced to cope with potential declines.
☑️ In terms of operation, low leverage and quick entries and exits are advisable.
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