At 23:00 tonight, a postponed blockbuster data is finally coming - the September PCE inflation indicator.

Why is it heavy? Because this thing is the number that the Fed is keeping an eye on the most. The stock market looks at its face, and the crypto market follows its mood.

What is the most embarrassing place now? The market is calling for interest rate cuts, but inflation may not really come down yet. The two signals are fighting, and the result is that as soon as the data is released tonight, the US stock technology sector is likely to fluctuate violently. The crypto market is originally a highly volatile asset, and if you shake it a little on the traditional market, you can immediately feel it here.

If the PCE data shows that inflation is still very hard, then the Fed's script of "keeping interest rates high for longer" will continue. At such times, all risk assets are suppressed, and crypto is no exception.

But if the data is lower than expected, is inflation really cooling? That's another story - the market will think that the bearish is exhausted, and the rebound may be instantaneous. This twist is often the most exciting.

For ordinary traders, the most important thing tonight is not to guess the direction, but not to die:

**First, don't touch the lever if you can't touch it. **
In the minutes before and after the data, the market may directly pull out the needle of heaven and earth. Many people spit back all the money they earned a few days ago in this extreme fluctuation.

**Second, keep an eye on the linkage effect. **
How US stocks react, whether Bitcoin keeps up, and whether there is panic in capital sentiment are all clues to judge the follow-up trend.

Third, don't forget the general trend. **
These macro data will only affect the short-term rhythm and cannot change the long-term upward fundamentals of the crypto industry. The real big opportunity is often hidden in the gaps of this "irrational and violent fluctuation".

The more chaotic the market, the more stable the mentality must be. Most people lose money not because the market is bad, but because their mentality has collapsed and they have more operations.

As long as you can hold your position at key data nodes and not be left behind, you will naturally have your share when the trend rises.

Hold it steady, and you win half.