[Victory Securities: The market is expected to digest the Federal Reserve’s interest rate cut, and Bitcoin ETF may become the first choice for investors to reallocate their assets] Golden Finance reported that Zhou Lele, deputy chief operating officer of Victory Securities, issued an analysis saying that in the context of the Federal Reserve’s interest rate cut, Bitcoin and Ethereum’s The strong performance heralds a recovery in the virtual asset market. Bitcoin price broke through key resistance levels, while Ethereum’s significant gains reflected the market’s new assessment of risky assets. Although the U.S. stock market reaction was muted, capital flows showed renewed investor interest in cryptocurrencies. The listing of Bitcoin options further enhances market liquidity and pricing efficiency, providing investors with new hedging tools. Looking ahead, as the market digests expectations of interest rate cuts, Bitcoin ETFs and other cryptocurrency-related products may become the first choice for investors to reallocate their assets. The virtual asset market has recovered and returned to the "6". Last week, the price of Bitcoin rose from US$59,122 to US$63,577, an increase of approximately 7.57%. Ethereum rose from $2,316 to $2,580, an increase of approximately 11.42%. The interest rate cut has been a textbook benefit to risk assets, and the low mood of the bull market may be shattered. At the same time, the Ethereum exchange rate has risen strongly, which may indicate that the market is recovering.