#比特币对比代币化黄金 $BTC At 11 PM tonight, a data storm is about to hit—one that could directly determine the direction of the crypto market in the coming days.
On the evening of December 5, the US will simultaneously release three sets of major data: September personal spending, December’s Michigan Consumer Sentiment Index, and the September PCE Price Index—the very indicator regarded by the Federal Reserve as the “Bible of Inflation.” This long-awaited PCE is precisely the core basis for the decision-makers to adjust interest rates.
The market is holding its breath. If the PCE data shows cooling inflation, Bitcoin and crypto assets might see a rebound as risk-off sentiment eases. But if the data unexpectedly rises? Rate hike expectations could surge instantly, and short-term pressure will be hard to avoid. $ETH
At such a critical moment, data is more useful than any technical analysis.
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LuckyBearDrawer
· 14h ago
Damn, it's one of those high-stakes moments again, risking half my life waiting for the data.
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BlockBargainHunter
· 14h ago
I'm numb, it's data market again. I feel like no matter which way it goes, it can still drop.
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GmGmNoGn
· 14h ago
Hold my breath? I’m just holding my funds, haha. I’ll wait for the data to come out—anyway, I won’t sell even if there’s a big drop.
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LayerHopper
· 15h ago
PCE is coming tonight. Can it really determine the direction of the crypto market this time? Feels like we say this every time, haha.
#比特币对比代币化黄金 $BTC At 11 PM tonight, a data storm is about to hit—one that could directly determine the direction of the crypto market in the coming days.
On the evening of December 5, the US will simultaneously release three sets of major data: September personal spending, December’s Michigan Consumer Sentiment Index, and the September PCE Price Index—the very indicator regarded by the Federal Reserve as the “Bible of Inflation.” This long-awaited PCE is precisely the core basis for the decision-makers to adjust interest rates.
The market is holding its breath. If the PCE data shows cooling inflation, Bitcoin and crypto assets might see a rebound as risk-off sentiment eases. But if the data unexpectedly rises? Rate hike expectations could surge instantly, and short-term pressure will be hard to avoid. $ETH
At such a critical moment, data is more useful than any technical analysis.