Several important economic data points will be released tonight, which will serve as important reference indicators for the Crypto Assets market.

First, the Producer Price Index (PPI) announced at 20:30 is worth paying close attention to. Last month's PPI exceeded expectations, leading to a significant drop in Bitcoin prices. If tonight's data exceeds expectations again, it may strengthen the anticipation of a Federal Reserve interest rate hike, which could put pressure on Crypto Assets prices. It is important to note that a higher PPI indicates that inflationary pressures are still present, which may affect the Federal Reserve's rate cut decisions, thereby impacting the liquidity of the Crypto Assets market.

Secondly, the EIA crude oil inventory data released at 22:30 should not be ignored. Although forecasts suggest a potential surplus in inventory, if the actual inventory decreases significantly, it could push up oil prices, exacerbating inflation concerns and indirectly having a negative impact on Crypto Assets such as Bitcoin. Conversely, if the inventory increases significantly, it may alleviate market concerns about interest rate hikes.

Finally, the results of the U.S. Treasury auction at 1 a.m. will be a key indicator. If the awarded interest rate is relatively high or the bid-to-cover ratio is low, it may indicate a tight market liquidity situation. In this case, the Crypto Assets market may experience a general decline, or Bitcoin may show safe-haven attributes and rise, but this situation is relatively rare, and investors should not blindly bet.

In the face of these uncertainties, experienced investors often adopt a prudent, wait-and-see, and moderate reduction in positions strategy. Appropriately reducing positions before the release of important data can lower risks and avoid making impulsive decisions during significant fluctuations. It is especially important to maintain a cautious attitude before the Federal Reserve's decision on September 17. In such a volatile market, protecting capital and waiting for opportunities may be wiser than pursuing short-term gains.