#美国经济数据# Follow the fact that today the three major US stock indices opened lower, mainly influenced by PPI data being higher than expected. This data reflects that inflation pressure on the production side may still be ongoing, which could affect the Fed's future monetary policy decisions. From the perspective of on-chain capital flow, there may be some risk aversion sentiment in the short term, making it worth closely following whether the crypto assets market will see corresponding fluctuations. However, a single data point cannot fully determine the market trend; other economic indicators and policy signals also need to be considered. Next, I will continue to track large on-chain transactions and contract interactions to assess the true attitude of mainstream capital.