Internet reports that with the release of PCE data, Bitcoin prices have rebounded, and people are increasingly optimistic that macroeconomic conditions will ease next month. Julien Bittel, head of macro research at Global Macro Investor, said that the macro environment may have an impact on Bitcoin, bringing good news to bulls. He said: "When financial conditions tighten, liquidity runs out and the economy unexpectedly starts to slow down. The "panic" affecting the market will not last long, and everything will be reversed next month. The rapid improvement in financial conditions over the past two months-the dollar has fallen, bond yields have fallen, oil prices have fallen-has laid the foundation for a recovery in the cryptocurrency market."