#美国经济指标和货币政策# From the current situation, it seems that the U.S. inflation problem has eased to some extent. Trump claims that inflation has fallen to a "perfect level"; although this statement is somewhat exaggerated, it indeed reflects the weakening of inflationary pressures. However, he has once again called for a rate cut and threatened to sue the Fed chairman, which could create uncertainty in the market.

From the perspective of on-chain data analysis, we need to closely monitor changes in the flow of funds. If the market expects the Fed to cut interest rates, it may stimulate more funds to flow into risk assets, including the cryptocurrency market. However, we must also be vigilant about the potential impact of political pressure on the independence of central banks, which could trigger market volatility.

It is recommended to continue tracking U.S. economic indicators and the statements of Fed officials, as well as the funding trends of large institutional investors. These signals may provide us with a clearer judgment on market direction.