Germany's producer prices fell by 2.5% month-on-month in December, which is a key signal in recent Eurozone inflation data. Weakening prices at the production level usually indicate soft demand and a slowdown in economic growth, which will directly affect the European Central Bank's subsequent policy direction. For the crypto market, a loose monetary policy environment often benefits risk assets, while tightening expectations can bring pressure. As Europe's largest economy, Germany's price data trends are of reference significance for global asset allocation decisions. Investors need to pay attention to the overall inflation trend in the Eurozone, which will determine the medium-term direction of commodities, stock markets, and digital assets.