After the release of PCE (personal consumption expenditure) data, the market did give a shot in the arm. YoY (year-on-year) data was in full line with expectations, and the market as a whole was very satisfied. Pricing in the interest rate swap market also remained stable, indicating that the market expects the Fed to cut interest rates at least once in 2024.

This news is simply too sweet for the market.

The concept of the general election and MEME coins are also hot spots worth paying attention to. It may become the biggest white horse in the second half of 2024. After the primary election, various controversial topics continued, and the candidates' attention to cryptocurrencies brought a lot of traffic and buying opportunities to MEME coins.

PEPE and PEOPLE are the currencies I am more optimistic about at present. Especially PEPE, as the leading MEME, has a solid position, and Americans are buying vigorously, so the bull market naturally has its place.

The position must be heavy, and the big bull market is a large position to take the leader, and enter and exit freely.#Crypto#PCE#ETH#PEPE #ElectionMEME