[Coinbase report: Bitcoin is expected to perform positively in Q4, driven by US interest rate cuts and China's stimulus policies] On September 30, according to Bitcoin.com, Coinbase Institutional wrote in the "Token2049 Meeting Highlights" report released last Friday: "Due to US interest rate cuts and China's large-scale fiscal and monetary stimulus policies, we expect the fourth quarter of 2024 to be positive, which will enhance market liquidity and support Bitcoin's performance." The report focuses on Bitcoin and high-beta crypto assets, and is optimistic about the overall outlook for the market in the coming months. The report also discussed Ethereum's recent difficulties, especially its rising transaction fees. The report noted: "On-chain activity is growing, decentralized exchanges (DEX) trading volume has increased, and Ethereum gas prices are higher." However, despite the recent launch of the US spot Ethereum ETF, the token has not benefited as much as Bitcoin. The report described: "While many market participants are optimistic about Bitcoin, we have encountered some skeptics about Ethereum as the token does not appear to have benefited from the launch of the US spot Ethereum ETF more than two months ago." However, the report pointed out that Solana and other L1 networks pay more attention to scalability and transaction efficiency, and improvements in decentralized exchanges and blockchain infrastructure bring positive signals to the crypto field.