$BTC The last blog of this week

The pie finally reached 70,000

It still falls below 66000, and the market will be released at 8:30 tonight
The specific situation is as follows:

PCE inflation data will be released at 8:30 tonight
The annual rate of the US core PCE price index in April has a significant impact on the Federal Reserve's decision to cut interest rates. The core PCE price index is a key indicator of consumer inflation in the United States. The annual rate of the core PCE price index in April is crucial to the Federal Reserve's decision to cut interest rates.
If the inflation level is close to or reaches the target, the Federal Reserve may consider cutting interest rates to stimulate the economy, and the bullish price will exceed 70,000.

If the index shows high inflation, the Federal Reserve may maintain or raise interest rates to control inflation, reducing the possibility of an interest rate cut.
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