According to CoinMeta, on November 13th, institutional analysis indicated that after the release of data for CPI and PPI, market participants' expectations for the Federal Reserve's next interest rate hike increased. The Oxford Institute for Economics predicts that the annual inflation rate in PCE will rise to 3.8% in October, higher than 3.6% in September. The inflation data exceeded market expectations, directly reinforcing the necessity for the Federal Reserve to maintain a tight monetary policy and forcing investors to reprice their interest rate forecasts. High inflationary pressures compel the Federal Reserve to maintain high interest rates for a longer period to curb prices. The increased market expectations for interest rate hikes reflect concerns about the risk of economic overheating, which will continue to suppress the valuation space for risky assets.