Bitunix Analyst: Core PCE may remain high, December Intrerest Rate battle clouds rise again.

BlockBeats news, on November 26, the latest PPI and CPI data show that the U.S. September core PCE is expected to rise 0.2% month-on-month and fall to 2.8% year-on-year, only slightly lower than the previous month. Although energy and food costs have pushed up wholesale prices, several key items covered by PCE may keep core inflation at recent levels, becoming the last available inflation assessment before the Fed's December meeting. The market generally believes that decision-makers will have intense debates between “the third rate cut” and “maintaining interest rates unchanged.” Politically, Trump has fully intervened in the midterm elections 18 months in advance, strongly promoting tax cuts and urging Republican candidates to focus on the “affordability” issue to hedge against declining support rates caused by rising living costs. His strategic layout is seen as both strengthening internal party mobilization and building a “Congress firewall” to avoid a third impeachment. However, polls show that voters' pessimism about the economy has not significantly improved due to the tax cut policy, leaving uncertainties about whether the Republican Party can stabilize its votes before 2026. In the crypto market, BTC's 4-hour structure shows that the price is currently running around $87,700, still trapped in a range consolidation in the short term. The key resistance level above is at $89,000; if broken, it will open a liquidity window pointing to $90,500–$91,000. The support below is focused on the 4-hour demand zone of $84,000–$84,800; if it breaks down, it will point to $82,500. Macroeconomic and inflation expectations have not yet formed directional consensus, leading the market to maintain liquidity clearing and range volatility patterns in the short term. Bitunix analysts' view: The dominant factors in the current market have shifted from policy direction to the rhythm judgment of “inflation stickiness vs. economic slowdown.” The price structure shows that bulls and bears are still competing in critical liquidity zones, and investors should pay attention to the risks of increased volatility before the December policy rollout, as well as the changes in risk appetite reflected by the actual support strength of funds at high-level ranges.