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Inflation Pressure Returns; Tech Earnings Face a Test

The October flash composite PMI eased to 57.6, signaling strong expansion but with rising selling prices. US macroeconomic data shows resilient growth but inflation limits room for policy easing. In the crypto market, BTC fell 0.71% to 80,322.15 USDT, while ETH dropped 0.95% to 2,336.32 USDT. Total crypto market capitalization was down 4.33% to approximately $2.68 trillion. BTC liquidation zones are around $81,100–81,700 and $79,300–79,900, with potential short-liquidation and long-liquidation clusters respectively.

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