Today, the PPI data for September has just been released. The final demand index rose by 0.2, and the overall inflation pressure is steadily rising slightly. On the goods side, it jumped by 0.9, but core services are basically flat, slightly softer than expected. The Fed's rate cut expectations have stabilized, and risk assets should be cheerful. On the retail sales side, last week's September figure was 733.3 billion, with a growth of 0.8. Consumer spending hasn't collapsed, but it hasn't surged either; the economy has a strong soft landing vibe. As for Bitcoin, it can catch a breath in the short term with the easing signals, and reaching 90k is not a dream. Although it hasn't risen much and has even slightly fallen, the data is soft. Logically, it should push BTC up, but the reality is it slid from over 88k to over 86k yesterday, falling about 0.5. The main concern is the heavy smell of gunpowder from Trump's trade war, causing market panic. Risk assets are all shaking, and plus, this year's gains have been wiped out, leading investors to start cashing out and waiting. The short-term favorable information can't digest the geopolitical noise; we need to wait for the dust to settle before a rebound. What do you think??? #加密市场回暖