PCE data will be released in one hour‼ ️

Warning that the market may fluctuate violently‼ ️

The previous value was 2.8 and the forecast was 2.6. This is the key data considered by the Federal Reserve for rate cuts, which may

trigger a change in the Bitcoin market‼ ️

The chief's forecast for important data such as non-agricultural employment data and CPI has never been wrong. Every time Feilong and CPI forecasts are accurate, helping everyone to successfully cope with the market surge and plunge.

The previous value of the PCE data this time was 2.8 and the expected value was 2.6, which is a small positive on the surface.

However, PCE and CPI data usually have the potential for data continuation, especially PCE data is more likely to rise first after the good news is announced, and then plummet.

The current downward trend is in line with the overall market. The current rebound is only a temporary recovery in the downward trend, and the overall downward structure and trend have not been effectively broken.

Therefore, if the PCE data meets the positive expectations after the release, there may be a wave of upward pins first, and then the downward trend will continue📉.