Last night's inflation data showed that the core PCE price index was 2.8, which was in line with expectations. After the data was released, traders also raised the probability of a rate cut in September.

As soon as the data came out, the price of Bitcoin broke through 69,000 US dollars, reaching 69,000, and then it fell to around 66,000! The news said that there were hackers smashing the market! Moreover, the core PCE decline was fully priced in by the market in advance, which means that the increase has been realized in advance, so there was an overall rebound in May!

The published PCE is a monthly index, and the overall impact is not as high as the annual rate. It can only be regarded as a small positive, not a super positive, but at least there is no bad news. At present, the market is still volatile

The support and pressure levels can be used to play the band