BlockBeats News, December 6th. Yesterday, the U.S. released the delayed September PCE inflation data, with the core PCE year-on-year rate dropping to 2.8%, a five-month low, slightly below market expectations, providing more room for the Fed to cut rates in December. Overall, inflation is showing a "slowing but not completely out of the woods" pattern. The market is therefore anticipating a "soft landing" scenario: the U.S. dollar index continues to decline, U.S. bond yields are falling, and U.S. stocks are continuing a moderate rise.However, the crypto market has decoupled from the stock market, with Bitcoin briefly falling to around $87,000 after the announcement, experiencing a 3% fluctuation in 24 hours. This was mainly influenced by options expirations, MicroStrategy pressure, and Asian market volatility, rather than inflation itself. Major coins experienced a synchronous pullback, but BTC ETFs still saw a net inflow of nearly $60 million, reflecting that institutional buying pressure has not retreated, and market panic has rebounded from extreme levels to a neutral range.In the short term, the key support for BTC is in the 89,000–90,700 range; as long as this is held, the structure still has room to extend. Resistance above is at 94,400 and 97,000, and in a dovish environment, a rebound window is expected. If the 89,000 support is lost, then a technical correction down to 85,000 should be watched for. This week's focus is on the December 10th FOMC meeting, where the rate cut expectations are already broadly priced in, and the market will subsequently rely more on data validation.Bitunix Analyst:The cooling of inflation injects a mild positive into the market, but crypto fund structures are sensitive and susceptible to event-driven shocks. In the short term, it continues to be a tug-of-war between "macro positives vs internal noise." Whether BTC can hold above 89,000 will determine whether it can take advantage of the end-of-year rally momentum brought about by loose policies. Fund flows and changes in risk appetite will be the key observation indicators going forward.


