1. North Korean leader said: We will never attack South Korea. The idea of ​​seeking a strong unification of the Korean Peninsula is unthinkable. We have never thought of attacking the Republic of Korea.

2. Israel warns Lebanese evacuees not to return to their homes, #以色列 IDF continues to attack villages and nearby locations, and interestingly Hezbollah fired about 85 rockets today, followed by a new attack, but there are no reports of casualties from the previous attack

3. The Qing stock market plunged amidst large fluctuations and record trading volume.#HangSeng Technology once fell by more than 15%. The rise in mainland stocks reflects the pricing gap during the holiday period. However, today's NDRC press conference was dull. No new policies were announced. It mainly elaborated on existing policies, emphasized execution and boosted confidence in achieving the 5% growth target. Therefore, the market sold off quickly. Regardless of good or bad news, today's market ushered in an epic decline. In the long run, the Qing Dynasty must refocus on the economy rather than the stock market to have a sustainable bull market. As of 2023, the debt of the Qing Dynasty will account for 311% of GDP, which is twice that of 2008 (about 150%) (Figure 1)

4. Things to focus on this week:

a. US September CPI inflation data released on Thursday

b. US PPI inflation data for September will be released on Thursday

c. Fed meeting minutes on Wednesday

d. 2024 third quarter financial report

Note: This week, the market will pay special attention to the US inflation data in September. Whether the inflation rate continues to decline is worth noting. It is expected that the US CPI inflation in September will rise by 2.3% year-on-year, lower than 2.5% last month. The core CPI (excluding food and energy) is expected to rise by 3.2%, lower than 3.3% in August. This will affect the Fed's decision on the next interest rate cut. Will it be 25BP? (Figure 2)

5. Even with the recent surge in oil prices, they are still well below where they were a year ago, which includes a premium for the significant geopolitical risks associated with current pricing.

6. JPMorgan Chase: The recent rise in unemployment is not due to a decline in employment, but an increase in labor supply

7. Financial conditions in the United States continue to be loose, and the National Financial Conditions Index shows that it is now looser than when the first rate hike occurred. In fact, it has returned to the level before the COVID-19 pandemic. These conditions are favorable for Bitcoin $BTC (Figure 3)

8. With the arrival of the era of global money printing, Bitcoin will play a positive role in the future (Figure 4)

9. Unlike the#Bitcoinspot ETF, the Ethereum #ETH🔥🔥🔥🔥 spot ETF has had a net outflow of 350k $ETH since its approval due to Grayscale's ETH sell-off and lack of new inflows

10. Just after I finished my meal, $USDC was issued on the first $SUI based on the Move development language