U.S. June PCE data is out—this is the inflation indicator the Federal Reserve pays the most attention to!

Income rose 0.2%, but consumption rose 0.3%. Americans are spending faster than they earn, and there are clear signs of consumers propping up spending.

But the overall numbers are mild—nothing exploded. Inflation is indeed cooling. The soft-landing script is on track, and the Fed has one more reason to feel confident about cutting rates.

Remember this logic chain: rate-cut expectations → flooding the dollar with liquidity → looser financial conditions → bullish tailwinds for the “big pie.”

In the short term, the market may still churn, but once a loosening cycle begins, the crypto market is never absent. Hold your positions—don’t get shaken out and tossed off the car during the volatility.

#PCE #美联储降息 $BTC $ETH