According to Bitget, K33 Research released a research report showing that the sensitivity of cryptocurrencies to economic data continues. After the Fed cut interest rates, Bitcoin rebounded above $63,000, with a weekly increase of 9%; ETH/BTC recovered 0.04, and ETH rose by 15%. The People's Bank of China further eased liquidity conditions by lowering interest rates and deposit reserve ratios. These actions further consolidate the bullish outlook for the fourth quarter. We also expect economic indicators to continue to affect Bitcoin price trends. Next week, the United States will release important monthly labor market statistics, as well as economic data from the banking industry.