📒 Industry Watch TermMax Notes|No.012 (Macroeconomic data: both CPI and PPI fall short of market expectations, market rate-cut expectations heat up, driving mainstream cryptocurrencies sharply higher; a large number of short positions are trapped deep, so investors should be wary of potential negative catalysts ahead: Waller publicly releases hawkish signals—if inflation data rebounds, the likelihood of the Federal Reserve restarting rate hikes is extremely high)

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