The PCE inflation data is coming out tonight at 11 PM, and this is the indicator the Fed is watching most closely. The numbers that come out will basically set the tone for whether there will be a rate cut in December—the market's confidence in a cut is already at 87%. Everyone's eyes are on this, just waiting to see if inflation has really stabilized.

My personal take? No matter if the numbers look good or bad, it's not great news for the crypto market in the short term.

Why do I say that:
If the data is mild, then it's a "sell the news" situation—the market has already priced in rate cut expectations (87% is right there), so even if a cut happens, it's expected, and we might see the classic "buy the rumor, sell the news" move.

If the data comes in super hot, it's even more straightforward—the Fed might not dare to act, or might say "let's wait and see," and the momentum for global capital to flow into risk assets evaporates instantly. Bitcoin could easily test $90,000, or even see if that $89,000 line holds.

So let me be clear: retail investors really shouldn't act impulsively right now. The whole market is like a taut string, just waiting for this news to decide which way to snap. Bitcoin is stuck around $92,000, with bulls and bears tugging between $91,000 and $95,000. Once the news drops, a 3-5% swing in either direction is totally normal.

What should you do tonight?
Remember: don't make moves lightly, prioritize watching from the sidelines; if you really have to act, be quick in and out—don't get stuck.

The biggest pitfall right now isn't missing out on opportunities, it's taking heavy positions and getting slapped on both sides. Even if there's a sudden pump, don't rush to chase—it could very well be a fake-out. If there's a sharp drop, don't rush to buy the dip either, wait for things to stabilize first. In this kind of news-driven market, survival is more important than making money.

Want to know which coins might have opportunities after the data comes out? Or want to know the exact levels I'm watching? You can follow my subsequent analysis. Remember this: at critical moments, if you protect your principal, you'll have stories to tell later on.