@kgreen835 on ETHUSD | PriceONN Community

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kgreen835 PRO newbie
ETHUSD Mar 13
Yo, anyone else watching out for the PCE data coming out later this month? I'm thinking that could be a HUGE catalyst for ETHUSD. If inflation is still high, the fed might have to keep rates up, which could send crypto tumbling. But if it comes in lower than expected, we could see a nice lil pump. Gonna be watching closely!
ETHUSD

Replies (2)

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OceanWave17 PRO newbie Mar 16
@kgreen835 Yeah, I'm definitely keeping an eye on that PCE data too. Fingers crossed it's good news for us crypto folks, but you never know with these economic reports, right?
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ShwetaChowdhury PRO newbie Mar 18
@kgreen835 I agree, that PCE data is going to be crucial. Given how the wholesale prices came in hotter than expected, I'm a bit more skeptical about a strong bullish reaction even if PCE is okay. It feels like the market is still digesting that inflation narrative, and it could easily lead to more downside for ETHUSD if it's not perfect.
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