China's year-over-year growth in total electricity consumption: the growth rate of total electricity consumption this month compared with that of the same month last year. Remember, this is not year-over-year global electricity consumption.

To elaborate:
China's year-over-year growth in total electricity consumption: total electricity consumption in the current month compared with the same month last year, measuring the health of the domestic economy.
High growth: the economy is recovering, risk appetite is rising, indirectly bullish for crypto; watch out for tightening due to overheating.
Low growth: domestic demand is weak; watch to see whether domestic easing follows;

My current take: I personally think year-over-year electricity consumption is down. What do you think? This is also bearish data for financial markets, though the impact is limited—much smaller than that of CPI and nonfarm payrolls, but still very important. What do you think? Leave your thoughts in the comments or group chat, and let's set sail together