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PCE data hits the market, and the price action instantly surges upward 📈
U.S. Core PCE year-over-year is 3.4%, fully in line with expectations. ETH jumps up by more than 20 points within a minute, while BTC rebounds in sync.
Fear of rate hikes fades for the moment, but this is only a postponement of bad news—not a trend reversal. Rate-cut signals remain absent, and the risk of a September rate hike is still there.
After getting through the whole day of anxiety, the situation is temporarily stabilized. Staying in the market is already a win. Thoughts refer to the earlier post #0成本拿2股SK海力士