PCE and initial unemployment claims need to be closely watched this week; the rate cut expectations have been suppressed quite heavily, and risk assets should proceed cautiously.

This week, the focus is on U.S. macroeconomic data to assess the Federal Reserve's room to cut interest rates: indicators such as PCE inflation, initial jobless claims, housing prices, and new home sales; the market and CME FedWatch expect a low probability of rate cuts in June. The Middle East situation and oil price fluctuations still pose risks, as rising energy prices will suppress risk assets. Additionally, there are DAO governance votes and multiple token unlock events (such as EIGEN, HUMA, GRASS).