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PCE did not exceed expectations, meaning there is no new major negative news tonight.
My view
Short-term bearish, high volatility.
If the $60k level cannot be reclaimed, there is indeed a risk of further decline to $57k-$58k during the settlement period.
But if after the settlement, the negative factors are realized and there are no new negative catalysts, there might instead be a recovery rally after the bad news is fully priced in. #美国5月PCE通胀升至4.1%创三年新高