【BTC went straight up to $1,800 last night, and the North American stock market hit a new record high. The interest rate cut is imminent! ! ! The May core PCE data tonight is crucial! 】
2024.6.28 Early BTC Market Analysis
Yesterday's big positive K of $1,800 ignited people's enthusiasm, but at this moment, the big cake returned to the lower track of the downward channel for consolidation. Under the dual expected positive stimulation of the May core PCE and the expected value of the big non-agricultural data next month, the market sentiment has been relieved. Tonight's PCE data is crucial!
The previous value is 2.8%, and the expected value is 2.6%. It is to be announced. If it is less than the expected value, the expectation of the big non-agricultural data to realize the expected value next month will also increase; if it is greater than the previous value, it is bad news, and the market will definitely turn its guns and kill downward!
BTC attention
Support 60600-61000/59500
Pressure 64300/66000
The key point at this moment is the small range of 61600-61800. If it maintains this range for consolidation during the day, or falls back to the range of 61000-61500, it can be regarded as a gambling opportunity during the day. There is a need to touch 62000+ twice during the day!