CoinMeta data: As of the beginning of the week on September 26th in the United States, the number of people claiming unemployment benefits was 197,000, which is lower than the expected 200,000. The previous figure of 197,000 was revised to 198,000. The lower-than-expected number of initial claims for unemployment benefits and its level at a historical low directly prove that the demand in the U.S. labor market is extremely strong. This tight job market environment supports wage growth, which in turn exacerbates the stickiness of core inflation. As a result, the Federal Reserve's confidence in maintaining high interest rate policies has been significantly strengthened, and the market's illusions about a short-term interest rate cut have been completely shattered. Funds will now reprice for a longer period of tightening.