Why did it crash last night? PPI made a surprise attack!

Last night at 8:30, Da Bing and Er Bing suddenly dived! Why?
Direct trigger: The recently released PPI (Producer Price Index) data from the United States has skyrocketed! It far exceeded expectations.
This has confused the market: just a few days ago it was said that inflation had stabilized, and interest rates would be cut in September.
As soon as the PPI results came out, we found that the producer prices are still soaring! This thing will eventually be passed on to the prices we pay for goods, and inflation may not be contained at all!
It's contradictory! Is the promised interest rate cut in jeopardy? What will happen if there's no rate cut in September? The market is panicking!
Result: Crazy sell-off! Ether (ETH) suffered the most, dropping almost 300 points in one go!
Bloody lesson: Stay away next time!
When the core data (CPI, PPI, unemployment rate) is released, it's simply a minefield!
Both newcomers and veterans should try to avoid trading within half an hour before and after announcements! Otherwise, the market will be like a roller coaster, teaching you a lesson in no time, and account bleeding is quite common. Staying away is the best way to ensure safety!