The September core PCE data is out: 2.8%, in line with expectations. What does this number mean? When the Fed meets next week, there will be yet another reason to consider rate cuts.

For the crypto market, this isn’t bad news.

Looking back at history, every time a rate-cutting cycle begins, market liquidity gradually improves. With more money in the system, some funds naturally look for new outlets. When yields on traditional assets fall, crypto assets like Bitcoin often come back into focus—not because of hype, but because allocation logic is shifting.

Of course, expectations are one thing, and reality is another.

Next week’s Fed meeting is well worth watching, especially the dot plot and economic projections. What will Powell say? Will his tone be dovish or vague? These details will directly impact short-term price movements.

A few suggestions at this juncture:

Don’t rush to add leverage. Ahead of major events, the market tends to swing up and down; volatility is the norm. Keep some cash on hand—you’ll be ready both for pullbacks and for seizing opportunities.

If expectations do materialize, pay closer attention to major coins closely tied to macro liquidity, as well as core sectors with solid fundamentals. Don’t chase hot trends blindly—the main narrative is what matters.

With inflation cooling and policy shifts becoming clearer, the linkage between crypto markets and the macro economy will only grow stronger. Don’t get caught up in short-term volatility; it’s the long-term trends that truly matter.