Today's focus:

1: Massive BTC option delivery

Today is the quarterly delivery date for options. 41% of BTC options and 46% of ETH options will expire and be delivered, with a value of over $15 billion, which may have an impact on the market.

2: PCE data will be released at 8:30 tonight

PCE stands for personal consumption expenditures. The Federal Reserve attaches great importance to this data. Through PCE data, we can understand people's consumption habits and whether there is any tightening. More importantly, PCE also includes the PCE price index, which can show whether people's food, clothing, housing and transportation costs are rising or falling. This has a very important role in the Federal Reserve's control of inflation or employment.

3: Powell's speech

Federal Reserve Chairman Powell will deliver a speech at 11:30 tonight, and it is recommended to manage positions normally.