August PPI gave traders a mixed picture. Headline PPI rose 5.4% YoY, up from 4.8% in July, while core PPI came in cooler than expected at 0.2% MoM vs 0.3%. Energy was a major factor, with final demand energy prices rising 4.2%. That leaves the Fed rate outlook uncertain. $BTC and SP500 could remain cautiously bullish if softer core inflation supports risk sentiment, while gold could stay choppy as markets reassess rates. I’m watching SP500 and other TradFi assets on BingX as the market digests the data. #PPI #BingX