#美国核心物价涨幅不及市场预估 This wave of market conditions indeed requires close attention. The risk of being caught at high positions is evident, especially as the liquidity tightens during the month before the Spring Festival—risk-averse funds tend to exit early as a routine operation. When data such as the US core CPI falls below expectations, it can actually intensify market hesitation. Many institutions choose to lock in profits before the holiday and only re-enter the market after it reopens. In the short term, these time windows often come with increased volatility. Everyone is advised to observe the capital flow first before deciding whether to chase the highs.