Today is October 2nd, Tuesday. Let's talk about the market situation during the holiday. The overall trend is similar to what we expected before. During the National Day holiday, it is estimated that the market will mainly fluctuate. To see a significant one-sided trend, we will have to wait until Friday when the US Non-farm Payrolls (NFP) are announced. Of course, if suddenly during the holiday there is news of altcoin ETF approval, the market may start earlier. It's hard to say which day, but there is a high probability that a batch of Crypto Assets Spot ETFs will be approved in the fourth quarter, which is something we look forward to. In terms of operations, the strategy during the holiday remains unchanged, mainly looking for opportunities to buy low.

Let's take a look at the recent actual data. Ethereum's situation this week is quite interesting; although there is still a net inflow of funds, the inflow amount has decreased by nearly 65% compared to Monday's data, and the price has actually dropped a bit. Large institutions like BlackRock and Grayscale are buying relatively actively, mainly because Fidelity was quiet on Tuesday. However, by today, Wednesday, the data should look better, as there have always been quite a few people chasing highs and cutting losses.

The trends of Ethereum and Bitcoin have been basically synchronized, and recently the US stocks have also performed well. This wave of market sentiment has improved mainly because the US government's "shutdown" makes investors feel that the Federal Reserve is more likely to cut interest rates in October, which is seen as a win for Trump. As coin prices have risen, the turnover rate has also increased, and in the past two days, the capital for buying low has been the main force in purchases. It is generally believed that the government shutdown can both promote interest rate cuts and will not really harm the economy, which is a good thing for the risk market.

Judging from the price distribution data, the chip structure is quite stable now. The majority of investors' positions are into