France's December economic performance exceeded expectations. The Services PMI was 50.2, higher than the expected 51.1; Manufacturing PMI was 50.6, far surpassing the expected 48.1; Composite PMI stood at 50.1, slightly below the expected 50.3. Overall, both the services and manufacturing sectors are above the expansion/contraction line, indicating resilient economic momentum. For the crypto market, positive European economic data usually signals increased demand for risk asset allocation, and it is worth paying attention to the subsequent impact of the divergence between US and European economies on digital asset allocation.