US December Core CPI increased by 2.6% year-on-year, unexpectedly breaking through market expectations. The moment this data was released, the crypto community began to collectively imagine a scenario of the Federal Reserve cutting interest rates. But reality is not that simple.

Positive inflation data indeed sends a favorable signal—paving the way for the Fed's next policy adjustment. From a macro liquidity perspective, this easing of pressure is always an important support for the crypto market. But there is a key issue: it does not mean that rate cuts will happen tomorrow.

The Fed's decision-making logic has always been multi-dimensional. One month's CPI data, no matter how impressive, is only a reference. The real turning point requires more observation windows. Especially in January, the probability of rate cuts is extremely low—what the market is currently speculating on is essentially expectations for the future, and expectations are most easily driven by emotions.

From an operational perspective, this data is more like confirming the budding of a trend rather than an already formed trend. It provides bottom support for core assets like Bitcoin and Ethereum, but is far from enough to trigger an unstoppable rally. Gradual deployment remains the most prudent strategy.

Interestingly, truly valuable things never rely on any single economic data point. Those persistent efforts in construction, and communities that stick to their original intentions, create value independently of CPI fluctuations. This is what we should focus on—not short-term fluctuations in data, but the long-term accumulation of value.