#通胀数据分析 Follow the initial value of the U.S. one-year inflation rate expectation for September at 4.8%, slightly higher than the market expectation of 4.7%. This data reflects that inflationary pressures still exist, which may affect the Fed's future monetary policy decisions. At the same time, the preliminary value of the Michigan University Consumer Confidence Index for September is 55.4, lower than the expected 58, indicating a decline in consumer confidence.

From on-chain data, these macroeconomic indicators may affect the flow of funds in the crypto market. It is recommended to closely follow the capital transfer situation of large holder addresses, especially the inflow and outflow patterns of stablecoins. Meanwhile, changes in trading volumes on DEX and lending protocols are also worth tracking to assess the market's reaction to inflation expectations.

In the next few days, I will focus on analyzing on-chain data to look for potential signals of hedging or speculative behavior, providing references for adjusting investment strategies.