2025-12-10 03:37:05

There is a blockbuster data coming out tonight - the PCE index that the Fed is most concerned about.

However, I have to be reminded that this time it is the old data released in September, and the government has not stopped at that time. The market generally expects it to stabilize around 2.9%, the same as last month.

Logically, if the data really doesn't change, the dollar may be under pressure. After all, this will further strengthen market expectations for a rate cut cycle. For the crypto market? This environment is usually not a bad thing.

Bitcoin has been repeatedly tested near key support levels recently, and tonight's data may add another fire to the bulls. Of course, the specific trend depends on the market reaction and capital trends after the data comes out.

Just keep an eye on this point in the short term.

BTC-1.36%

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NFTPessimist

· 12-13 01:26

It's PCE data again, alright, alright, the rate cut expectations have already been overhyped. Wait, is this data for September? Then it's already outdated. The dollar is under pressure, so what, it's all about market sentiment anyway. Bitcoin keeps getting slapped at that support level, so annoying.

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HodlAndChill

· 12-11 23:14

It's just right to take a calm look before the data comes out, but to be honest, I think there's a fairly high chance that PCE staying steady at 2.9, but that also means we're still far from a true rate cut.

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GasGuzzler

· 12-11 22:50

If PCE stabilizes, the dollar will really be in trouble... Do bulls have another chance?

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ZkProofPudding

· 12-10 04:07

Sit and wait for the PCE to smash, and the dollar kneels down and begs for mercy? However, old data can also be speculated, and this market is really outrageous As soon as the expectation of a rate cut came out, Bitcoin had work to do again My mind revolved around this data all night, a little upset haha In other words, in case the data is upset, will the bulls cry? Let's see if we can break the key position, and I feel that there will be movement today

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NeverVoteOnDAO

· 12-10 04:06

Crazy, it's PCE again, staring at this thing every day Wait for the plunge or soar tonight, my coin is numb anyway The interest rate cut cycle is coming, and crypto can fly? Why don't I believe it? Bitcoin is tested repeatedly here, come on the bulls haha Don't think about it before the data comes out, it's the gambler mentality

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DeFiChef

· 12-10 04:03

If 2.9% really stabilizes, the dollar will have to cry to death, and we will have a drama

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SnapshotStriker

· 12-10 04:03

The bears are going to be slapped in the face again, and PCE is a bull carnival

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LidoStakeAddict

· 12-10 03:38

Stable at 2.9 is the expectation of interest rate cuts, the US dollar is going to kneel, and our crypto will take off directly