Warning of volatile market movement‼

BTC and ETH both are experiencing an oscilliation in a narrow range. Await the major data to be released!! Volatile market movements are coming‼

PCE is the last important data in June, which will play a key role in the Federal Reserve interest rates cut decision in July.

The overall market of Bitcoin has experienced a slow and continous decline for a month and then it fell below the 60,000. Currently, it has consoliadted with an osciliation after a rally to near 61,000. it is obvious that Ethereum’s movement is relatively stronger than BTC after an increase for three days. It also experiences an oscilliation in a narrow range. Only when the data to be released can the next major market will happen. According to the overall PCE data, the release of PCE datait may be a positive factor , so it is possible that the market will usher in a wave of increase after the release of PCE. Or it will quickly experience an upward trend in a pin bar pattern first then it will fall again. According to the previous market, however, PCE has repeatedly shown that if doing trade against its data, the data is a favorbale factor. #PCEPriceIndex #PCE #BinanceTournament