The PCE published value is 2.9%. When the news came out at 11:00, a large bullish candle appeared for $ETH , which may be a precursor to interest rate cuts being speculated. However, after the Federal Reserve cuts rates, there is still Japan's interest rate hike to consider. Additionally, the recent trend in cryptocurrency is still bearish, so long positions should not be held for too long.

ETHUSDT
Perp
3,117.76
+0.97%