Eurozone inflation data is out, and the month-on-month change is equally interesting. The latest annual CPI rate is 1.9%, down from the previous 2.0%, and also below the market expectation of 2.0%. What signals does this data release send? European inflation is easing, which will influence the central bank's policy direction. Reduced inflationary pressure means the possibility of interest rate cuts may open up. For the crypto market, expectations of easing often boost the valuation of risk assets, so such economic data cannot be ignored.