Odaily Planet Daily News QCP Capital Fan Wenchao, the US CPI data is in line with expectations, the market currently expects a 25 basis point rate cut expectation of 62.5%, compared with 47.5% before the CPI announcement; the weaker CPI data caused an immediate knee-jerk reaction in stocks and cryptocurrencies, and the cryptocurrency rebound was short-lived. The market fell against the backdrop of the US government address transferring 10,000 BTC to Coinbase Prime and Jump selling 17,000 ETH.