Zhou Lele, deputy chief operating officer of Victory Securities, issued an analysis saying that the strong performance of Bitcoin and Ethereum in the context of the Federal Reserve's interest rate cut indicates a pick-up in the virtual asset market. Bitcoin price broke through key resistance levels, while the significant rise in the Ethereum exchange rate reflects the market's new assessment of risky assets. Although the US stock market responded mildly, the flow of funds shows that investors' interest in cryptocurrencies has reignited. The listing of Bitcoin options further enhances the liquidity and pricing efficiency of the market, providing investors with new hedging tools. Looking ahead, as the market digests the expectation of interest rate cuts, Bitcoin ETFs and other cryptocurrency-related products may become the first choice for investors to reallocate assets. The recovery in the virtual asset market has returned to the "6 prefix". Last week, the price of Bitcoin rose from $59,122 to $63,577 in the week, an increase of about 7.57%. Ethereum rose from $2,316 to $2,580, an increase of about 11.42%. Interest rate cuts have textbook positive for risk assets, the bull market has no longer been depressed or broken up, and the Ethereum exchange rate has risen strongly, which may indicate that the market is recovering.