CoinMeta data: According to Coinpedia, Bitcoin performed strongly in the third quarter of 2026, recording its second-best performance in history, while Ethereum achieved its best performance ever Q3. After a 60-day supply change of -5.7 billion US dollars at the bottom, USDT turned positive for the first time, reaching 505 million US dollars. Although the market seems to be warming up, Q4 still needs to prove its sustainability. Historical data shows that Bitcoin ended the years 2024 and 2025 with losses Q4; despite Q3's outstanding performance, it does not guarantee that Q4 will continue to strengthen. The supply of USDT increased by about 450 million US dollars in the past month, indicating an improvement in liquidity signals, but attention still needs to be paid to future minting situations.