HTX DeepThink: Global liquidity supports Bitcoin's strength, and core inflation may disrupt the market again

Looking ahead to this week, macroeconomic data will be a key factor in market pricing. The revised US second-quarter GDP figures will be released on August 28th, with market expectations likely to be lowered from the initial estimate of 3.0% to 2.4%. The core PCE data, released on August 29th, is considered a key inflation indicator ahead of the Federal Reserve's September meeting. If the core PCE figure is higher than expected, it could trigger a reassessment of the path of interest rate cuts, weighing on Bitcoin's short-term performance. Conversely, if inflation is mild, it would further reinforce expectations of easing and help the crypto market maintain its strength.