Here comes the main event tonight!



At 8:30 AM EST, the US PCE data will be released. This figure directly affects where the market is headed next, and everyone is watching one key level: 2.9%.

How do you interpret this number? Three possibilities:

Above 2.9%—Inflation pressure hasn’t eased, market sentiment could instantly turn cold, be prepared for volatility.

Exactly 2.9%—Same as last month, which is a pretty good signal; at least it hasn’t gotten worse, leaning optimistic.

Below 2.9%—That would be explosive, inflation cooling expectations realized, and risk assets are likely to take off.

Before the data comes out, manage your positions well and don’t make any rash moves. Wait for the news to land before taking action.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
governance_ghostvip
· 17h ago
2.9% this number, to be honest, I bet lower than it. The last PCE already showed some signs, and this time it should continue to decline. We'll see how the price reacts then, maybe there will be a quick surge.
View OriginalReply0
MEVSandwichMakervip
· 12-10 08:55
It's this 2.9% stalk again, there are people shouting the key points every day, and when the time comes, it's not the same smash, and the market loves to operate in reverse
View OriginalReply0
Lonely_Validatorvip
· 12-09 15:23
This 2.9 level is really being held tightly. It feels like the entire market is betting on this number—it's a bit ridiculous.
View OriginalReply0
Ser_Liquidatedvip
· 12-09 15:22
I’m a gambler. We all know the significance of the 2.9% threshold—either it skyrockets or we take a heavy loss. There’s no third option in between.
View OriginalReply0
GraphGuruvip
· 12-09 15:20
The number 2.9% really feels like a magic spell, it seems like the whole world is waiting for it. Sigh, it's another situation where everything can be decided in just a few hours. I'm already numb to it. If it drops below 2.9, I'll go all in, don't blame me. The question now is whether I can hold myself back from checking the charts. There's no way I'll be able to sleep at 8:30 in the morning. History always repeats itself. No matter if the data is good or bad, people can make up stories. Anyway, if it drops, it's inflation; if it rises, it's also inflation.
View OriginalReply0
DeadTrades_Walkingvip
· 12-09 15:14
It's that 2.9% again. I bet five bucks I'll be disappointed again.
View OriginalReply0
TradingNightmarevip
· 12-09 14:57
It's the same old story. Every time they say key data is coming, and what happens? We still end up getting screwed.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)