According to CoinMeta, the market is watching the preferred inflation indicator of the Federal Reserve, PCE, which will be released at 8:30 a.m. today (Eastern Time). It is expected that overall PCE inflation will drop to 3.6%, while core inflation is expected to remain unchanged at 3.3%. If the data falls short of expectations, it may strengthen the market's expectation that the Federal Reserve will maintain interest rates unchanged, thus supporting a rebound in stocks, gold, and cryptocurrencies. Conversely, if the data exceeds expectations, it may trigger concerns about interest rate hikes and continue the market correction. This data will also set the tone for Federal Reserve Chairman Kevin Warsh's speech at Jackson Hole on Friday.