15 billion options delivery, PCE data release, Fed Chairman speech, will the cryptocurrency market fall sharply?

1. PCE data will be released at 8:30 tonight. In fact, there has been expected data for a long time, so it will not affect the market.

2. Fed Chairman Powell will give a speech at 11:30 tonight. It is likely that he will continue to insist on three interest rate cuts this year.

In fact, the delivery of options will cause panic among many unknown people. There is no substantial negative news, but there is emotional negative news!

The attitude of institutions has not changed, and they are still buying crazily. The release of PCE data and the speech of Fed Chairman Powell are actually the old normal. The news is at most a pin, which does not affect the overall trend.

So we look forward to the arrival of new highs, but at the same time, we must also prevent the risk of pins and make plans.