BlockBeats News, December 5 — The US will release September PCE inflation data tonight. As the Fed’s most closely watched price indicator, this result will directly impact the December interest rate decision. Currently, the probability of a 25-basis-point rate cut remains at 87%. The market expects the core PCE year-over-year growth rate to be around 2.8%, slightly above the target but continuing the cooling trend. If the data comes in below expectations, it will reinforce the market narrative of a “soft landing” and the formation of an easing cycle. On the macro side, yesterday’s weaker ADP employment data has made the market more sensitive to this inflation result. Results in line with or below expectations will weigh on the US dollar and support risk assets; if above expectations, renewed sticky inflation could push up US Treasury yields, weaken rate-cut expectations, and trigger short-term capital flight from high-volatility assets. Overall sentiment is cautious, with liquidity on hold pending event outcomes before new positioning. The crypto market continues its choppy pattern, with BTC trading around $92,000. In the short term, the PCE reaction is expected to drive 3–5% volatility. The upper resistance is at $93,800–95,400; if the data is dovish, a quick test of these levels is likely. If the data is hawkish, the support zones at $90,700 and $89,000 will face pressure testing. Technically, the outlook is neutral to slightly weak, with futures buying dominant and spot demand still limited. Bitunix analysts: Before the PCE is released, the market has entered a compressed volatility, wait-and-see structure, with the BTC long-short core battleground concentrated in the $91,000–95,000 range. If the data confirms continued inflation decline, it will increase the probability of a year-end rebound; otherwise, the choppiness will persist, and capital flows will shift back toward defensive and short-term allocations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Maji Big Brother opened a 40x long position on BTC at an average price of $71,131
Gate News reports that on March 24, Hyperbot data shows that Brother Magji opened a 40x long position on BTC again, with an average price of $71,131 and a position value of $780,000. In addition, he also holds a 25x long position on ETH worth $11.547 million, with an unrealized profit of $60,000.
GateNews3m ago
BTC breaks below $71,000
Jinse Finance reports that BTC has broken below $71,000, currently trading at $70,989.77, with a 24-hour decline of 0.11%. The market is experiencing significant volatility, please ensure proper risk management.
金色财经_7m ago
Best Crypto Presale: DeepSnitch AI Rallies 205% as Investors Choose AI Tech Over Washed-Up Presales Like Bitcoin Hyper and BlockchainFX
European Bitcoin treasury companies are merging to survive, and doing it without selling a single coin. Sweden’s H100 Group is acquiring two Norwegian Bitcoin firms in an all-stock deal, jumping from 44th to 27th globally in Bitcoin treasury rankings overnight.
But while institutions are mergi
CaptainAltcoin19m ago
Analysts Grow More Confident Over Bitcoin’s Final Rally in 2026, Bullish Then Bearish
Analysts grow more confident over Bitcoin’s final rally in 2026.
A bullish rally is expected first before a major fall in prices.
The price of Bitcoin is expected to fall as far as the $30,000 price range.
The crypto community is once again pleased to see the price of BTC trading over t
CryptoNewsLand23m ago
Bitcoin Faces Two Price Scenarios as Strait of Hormuz Tensions Dominate Oil Market
Recent market analysis from Wintermute indicates that geopolitical tensions in the Strait of Hormuz could significantly impact Bitcoin prices in the short term. If transportation normalizes and oil stabilizes around $100 per barrel, Bitcoin might test resistance levels between $74,000 and $76,000. Conversely, if shipping restrictions persist or conflicts escalate, Bitcoin could drop to around $60,000 due to increased macroeconomic pressure and cautious investor sentiment.
TapChiBitcoin23m ago
Bitcoin ETFs Snap Three-Day Outflow Streak With $167M Inflows
U.S. spot Bitcoin ETFs saw a strong rebound with $167 million in net inflows, largely driven by BlackRock’s fund. In contrast, Ethereum ETFs continued to struggle with ongoing outflows. Despite weak market sentiment, institutional confidence in Bitcoin remains strong.
Coinfomania30m ago
