The PCE data at 8:30 tonight will determine whether the Fed will cut interest rates two or three times this year. Currently, the market expects the PCE to rise moderately; as long as it meets expectations or is better than expected, the tone of a total of three rate cuts this year will not change, and the market is likely to welcome a rebound. There is also a probability that the PCE will be higher than expected, but Trump values this indicator and interest rate cuts, so even if the data is bad, it should be slightly embellished.

In addition to the PCE, the Consumer Confidence Index and the one-year inflation expectations index will also be released at 10 PM tonight, which are also very critical. If there are issues with this indicator, it could be quite serious. Currently, the market expects this indicator to remain unchanged, looking relatively mild. If everything meets expectations, there should be a Rebound; however, Bitcoin's larger support still lies around 107,000 and 106,000, with significant buy orders hanging around here. Then, we will have to wait for the specific results of tonight's data when it is released at 10 PM, which may lead to significant volatility. Hope everything goes smoothly! #成长值抽奖赢iPhone17和周边