After the PCE data is released, if it is lower than expected, the market volatility, how will the Fed adjust its interest rate hike policy? How will the digital currency market fluctuate?
1: The PCE data released at 8:30 tonight will rebuild market attention, with an expected rate of 2.8%. Lower than expected may be beneficial to the market and trigger an interest rate hike.
2: Fed Bostic said that there will be no interest rate cuts in July, but policies will be adjusted based on data. This performance implies the Fed's flexibility in monetary policy and sensitivity to market data.
3: In the digital currency market, there was a large amount of buying for 4k/5k ETH call options at the end of June 2024. For the optimistic expectations for Ethereum's future, the market volatility is high.
4: At the same time, it will take several weeks for the Ethereum ETF S-1 form to take effect and start trading. The company is an important time node for investors who want to participate in the Ethereum ETF.
5: In addition, BlackRock may purchase $10 million in ETH to fund its Ethereum ETF. This news has further boosted Ethereum's market confidence!
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