Alright, the data's out,
First off, the conclusion: there's a high probability of BTC dipping tonight.
1. Macro Data: A classic "inflation rebound + overheating economy" combo,
The two data points released at 20:30 tonight are a "double whammy" for risk assets:
1. Core PCE Price Index YoY (3.2%): While it met expectations, it's a significant rebound from the previous value of 3.0%. This confirms that inflation is extremely sticky, completely shattering the market's fantasies of the Fed turning dovish in the short term.
2. Initial Jobless Claims (189,000): This number is far below the expectations and the previous value of 215,000. Under the current logic, "good news is bad news"—an extremely strong job market means labor cost pressures remain huge, giving the Fed more ammunition to maintain high rates or even ramp up quantitative tightening (QT).
2. Technical Analysis: Keep an eye on the Nasdaq 100 futures support range of 27,000-27,200. If it breaks, BTC and ETH are set to tank! $BTC
$ETH
First off, the conclusion: there's a high probability of BTC dipping tonight.
1. Macro Data: A classic "inflation rebound + overheating economy" combo,
The two data points released at 20:30 tonight are a "double whammy" for risk assets:
1. Core PCE Price Index YoY (3.2%): While it met expectations, it's a significant rebound from the previous value of 3.0%. This confirms that inflation is extremely sticky, completely shattering the market's fantasies of the Fed turning dovish in the short term.
2. Initial Jobless Claims (189,000): This number is far below the expectations and the previous value of 215,000. Under the current logic, "good news is bad news"—an extremely strong job market means labor cost pressures remain huge, giving the Fed more ammunition to maintain high rates or even ramp up quantitative tightening (QT).
2. Technical Analysis: Keep an eye on the Nasdaq 100 futures support range of 27,000-27,200. If it breaks, BTC and ETH are set to tank! $BTC
$ETH