Today's homework isn't easy to write either. The market is fluctuating again, and it's tangled up with a lot of factors, getting more and more complicated. First, the expectation of a shutdown has already made investors panic, and then there's the latest Consumer Credit Report released by the New York Fed today. The data in the report isn't great either, as high interest rates have pushed various types of consumer credit to record highs in Q3. This also shows that the lives of American citizens are indeed at risk. Whether it's credit card loans, mortgages, or student loans, they are all fundamentally tied to adjustments in the federal funds rate. If the Fed still doesn't move into a phase of significant rate cuts, a credit blow-up is very likely to happen. Looking back at Bitcoin's data, although it looks like a sea of red, the turnover rate has actually been declining. Over the past 24 hours, the turnover rate has normalized quite a bit, and at least there are no signs of investor panic. The main sellers are still short-term investors, while early investors are still holding back and observing. From the URPD data, stability is still quite high, and there are no signs of systemic risk for now. The supporting structure hasn't collapsed either. Although BTC's price has fallen below the support level, as long as the support level holds, it's unlikely to lead to systemic risk. Sponsored by @Bitget｜Save the most on fees, grab the best rewards, and become a VIP only on Bitget.