QCP Capital published an analysis saying that all eyes are on tonight's US CPI data. Driven by the Fed's rate cut, weak CPI may support the recovery of risky assets such as stocks and cryptocurrencies. Last night's US PPI data weakened, and the market expects the Fed to cut interest rates by 50 basis points in September. The current probability of 50 basis points is 52.5%, while the probability of 25 basis points is 47.5%. With continued inflows of ETFs and BlackRock buying on dips last week, cryptocurrencies seem to be relatively well supported. However, in the absence of major catalysts, a major breakthrough is not expected until the fourth quarter.