According to data from CoinMarketCap, Bitcoin (BTC) has been stable in September, with the price up nearly 13% in the past week. Crypto analyst Burak Kesmeci pointed out that the increase in new bitcoin addresses is an important indicator of price movement. The number of new addresses has recently reached 330,000, close to the key 350,000 threshold. Kesmeci explained that when the number of new addresses exceeds 350,000, it indicates that the market bulls are strengthening and the price has the potential to rise; if it is below this threshold, it may enter a correction or bear market. Kesmeci also pointed out that if the number of new addresses reaches or exceeds 350,000 in the future, especially after next week's Federal Reserve meeting, bitcoin investors may have "good times". However, the rise of BTC spot ETFs may affect network growth, as ETFs may hold bitcoin centrally, reducing the generation of new addresses. The current bitcoin is trading at $60,395, up 4.31% in the past 24 hours, but trading volume is down 9.35%.