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There are two major events today that need to be vigilant.
The first one: BTC option delivery
The BTC option delivery this quarter is worth $9.45 billion. The most feared thing is that the white panic will lead to a market crash. Although there is no substantial negative impact, there is emotional negative impact.
The second one: PCE data will be released tonight
The United States will release PCE data at 20:30 tonight, with an expected 2.8%. If it is much higher than expected, it will be negative and it is not suitable to cut interest rates too quickly. If it is similar to expectations, there will be no big problem.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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