#数字货币市场洞察 September PCE data is out, finally a sigh of relief.
Look, back in February this year, core PCE had dropped to 2.6%, but then by June it bounced back to 2.8%. What’s even crazier is July and August, it got stuck at 2.9% for two consecutive months. Now with September’s data falling back to 2.8%, it’s kind of broken the deadlock—maybe inflationary pressure will really ease up a bit.
This should be good news for $BTC in the short term, right? From a technical perspective, breaking through 95,000 looks possible, and it might even push for 100,000. But then again, the bigger cycle is still there, and for the long term I’m still cautious—the shadow of the bear market isn’t going away so easily.
Improved macro data can definitely boost market sentiment, but don’t forget, the crypto market never looks at just one metric. Short-term plays are fine, but for long-term positions, you still need to keep a close eye.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
8
Repost
Share
Comment
0/400
GateUser-addcaaf7
· 1h ago
Another message about fleecing retail investors? I've seen PCE drop many times, and every time they say we can breathe a sigh of relief, but what happens? The market just keeps fluctuating.
View OriginalReply0
MetaDreamer
· 3h ago
Inflation data keeps fluctuating, so we still have to see what the Fed will do next. Just looking at the PCE alone doesn't tell us much.
View OriginalReply0
DefiOldTrickster
· 3h ago
Ha, PCE is playing dead again, I’ve been waiting for this moment. I’m telling you, as soon as this data drops, the bulls are going to start chasing the rally like sleepwalkers, but the real arbitrage opportunities are often in the back-and-forth. That 100,000 mark? Heh, don’t get your hopes up. A bear market is like debt—you have to pay it back sooner or later.
View OriginalReply0
NotFinancialAdviser
· 12-05 16:30
100,000 isn't just a dream, but it depends on the Fed's mood.
View OriginalReply0
GateUser-e87b21ee
· 12-05 16:30
This 2.8% figure is kind of interesting, but don't get too optimistic—it's still a bear market.
View OriginalReply0
OnchainGossiper
· 12-05 16:30
If 95,000 can’t be broken, the dream of 100,000 is still far away. In the end, it all depends on the Fed’s stance.
View OriginalReply0
pumpamentalist
· 12-05 16:29
The move from 95,000 to 100,000 still depends on the Fed’s next steps; a drop in PCE alone doesn’t seem sufficient.
View OriginalReply0
PortfolioAlert
· 12-05 16:18
Oh no, it's PCE data again. This time it's finally not stuck at 2.9.
Wait, can it really hit 100,000? I think we still need to see how the subsequent data plays out. Macroeconomics is just too unpredictable.
#数字货币市场洞察 September PCE data is out, finally a sigh of relief.
Look, back in February this year, core PCE had dropped to 2.6%, but then by June it bounced back to 2.8%. What’s even crazier is July and August, it got stuck at 2.9% for two consecutive months. Now with September’s data falling back to 2.8%, it’s kind of broken the deadlock—maybe inflationary pressure will really ease up a bit.
This should be good news for $BTC in the short term, right? From a technical perspective, breaking through 95,000 looks possible, and it might even push for 100,000. But then again, the bigger cycle is still there, and for the long term I’m still cautious—the shadow of the bear market isn’t going away so easily.
Improved macro data can definitely boost market sentiment, but don’t forget, the crypto market never looks at just one metric. Short-term plays are fine, but for long-term positions, you still need to keep a close eye.