U.S. November retail sales data released, up 0.6% month-on-month, exceeding market expectations of 0.4%. Excluding automotive factors, retail sales increased by 0.5% month-on-month, also better than the expected 0.4%. Further excluding automobiles and gasoline, retail sales grew by 0.4% month-on-month, a slowdown from the previous month's 0.5%. The retail control group (core indicator excluding automobiles, fuel, and building materials) increased by 0.4% month-on-month, in line with expectations. This data reflects that U.S. consumer demand remains resilient, although the growth rate has slowed, overall better than expected, which may influence the Federal Reserve's assessment of monetary policy and subsequently impact liquidity expectations in the cryptocurrency market.