#ETH走势分析 Tonight at 11 PM, the US PCE data will be released. Both the market expectation and the previous value are set at 2.9%.

What does it mean if the data really holds at 2.9%? It means inflation isn’t spiking, the Fed isn’t under too much pressure, and overall market sentiment won’t be too tense.

For the crypto market, this kind of “in line with expectations” scenario is usually a good thing—at the very least, it won’t trigger a direct sell-off. $BTC and $ETH are likely to maintain their current consolidation patterns, and there’s even a chance they could continue testing higher levels.

But what’s really nerve-wracking is if the data comes in above expectations. If the inflation data rebounds, the market will instantly switch to risk-off mode, and a sharp short-term correction is almost inevitable. So tonight’s data is definitely worth watching closely.