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Details: ht
The latest PCE (Personal Consumption Expenditures) data released by the United States largely meets market expectations, showing a neutral stance with no obvious Favourable Information or Unfavourable Information. The release of this data has temporarily eased some market concerns, but has not triggered a significant reaction.
Investors are now turning their attention to the upcoming US non-farm payroll data to be released on October 3rd, which is seen as a key indicator that may influence market direction. Currently, market sentiment is cautious, and the likelihood of a significant rise is low, mainly because fundamental factors have not provided enough support.
In the cryptocurrency market, the price movement of Bitcoin (BTC) is worth paying attention to. Analysts suggest that if BTC experiences a rapid increase, it could become an opportunity for short selling. This reflects the current market's cautious attitude towards Bitcoin's short-term trends.
Overall, the market is in a wait-and-see period, awaiting the release of more economic data to guide its direction. Investors need to remain vigilant and closely monitor various economic indicators, especially the upcoming non-farm payroll data, in order to adjust their investment strategies in a timely manner.