Odaily reports that QCP Capital has stated that inflation appears to have returned, and the US economy is indeed showing signs of overheating. Last Friday, the non-farm payroll number surged by 256,000, far exceeding the forecast of 164,000. After the release of last week's macroeconomic data, any rumors of an impending rate cut have dissipated, and the stock market has also fallen sharply. The tariffs that may be implemented during the Trump era have also raised more concerns about inflation. Although the macroeconomic environment is unfavorable, the rumors of the Silk Road have not gone away, but cryptocurrencies seem to have found their footing, as the support levels of $91,000 and $3,100 remain intact. Implied volatility is also at a relatively low level and continues to decline, with only a slight bearish tilt in the front-end market before Trump's inauguration. Although the volatility market has not reacted much, cryptocurrencies have not yet escaped the predicament. The macroeconomic storm still looms, with the Producer Price Index (January 14), Consumer Price Index (January 15), and Initial Jobless Claims (January 16) about to be released, which could further fuel the market's fire. As the US economy heats up, this week will be a real test for cryptocurrencies to see if they can serve as a hedge against inflation.