1. Mark Cuban said: We speculate on what Trump is doing with the economy and everything, but without the war, everything is so good under the leadership of #特朗普

2. Japanese Prime Minister Shigeru Ishiba warned that Japan's declining birth rate and population decline pose a serious threat to the country's foundations, describing it as an emergency in a policy speech

3. Iranian Swordsman: Palestinians have every right to fight Israel. The Lebanese people are defending their land and they need assistance and support to resist the attack.

4. The US economy contracted more than expected, with 254,000 expected and 147,000 expected. In addition, the unemployment rate returned to 4.1% (from 4.2% in August and 4.3% in July, far below the historical average of 5.7%). The Sam rule is likely to expire next month (Figure 1)

5. An interesting thing: American households’ stock allocation has reached 57%, close to the historical high. This ratio has more than doubled in 15 years, the same as the peak of the Internet bubble in 2000.

6. The Fed #降息 may be a mistake, perhaps they intend to delay the crash by creating an inflationary bear market, where the market will fall but not crash because commodity speculation will act as a brake, which is how the Fed delayed in 2007 and 2000, making the recession even worse (Figure 2)

7. Employment in both the service and manufacturing sectors in the United States is shrinking. In September, the service employment index fell to 48.1, while the manufacturing employment index fell to 43.9, which is close to the lowest level since the COVID-19 pandemic. In the past, these two indexes rarely shrank together outside of economic recessions (Figure 3)

8. Continuing with the unemployment rate, according to data from Trahan Macro Research, the number of states in the United States with rising unemployment rates month by month has soared to the highest level since 2009. The 12-month moving average recently reached 20 and has been rising sharply. In the past economic cycles, whenever the unemployment rates of so many states have soared, the US unemployment rate will also soar. In other words, the unemployment rate may rise to 5.5% in the next few months, which is usually another leading indicator.

9. There are only 31 days left until the US election. The#Bitcoinmarket generally fluctuates before and after the election. Friends in the currency market, please pay attention to geopolitics, elections, unemployment and other related news in a timely manner.

10. Whales have been accumulating Bitcoin $BTC recently #BTC☀️ and new whales are waiting for new liquidity to return without significant profits. In addition, the sentiment of WEB3 games #GameFi is exploding (Figure 4)