In the upcoming period from late October to early November, the cryptocurrency market will see a series of important events, and investors need to pay close attention to avoid potential risks.

First, let's focus on macroeconomic indicators. On October 31, the United States will release the preliminary GDP for the third quarter, which will directly reflect the state of the U.S. economy. If the data significantly exceeds expectations, it may strengthen the view of "sustained high temperatures in the economy," which could put pressure on high-risk assets such as encryption currencies.

On November 3rd, the release of the U.S. October ISM Manufacturing PMI data and the Federal Reserve's interest rate decision (specific date to be confirmed by official announcement) are also worth paying attention to. Although the market generally expects interest rates to remain unchanged, the speech of Federal Reserve Chairman Powell may reveal the future direction of monetary policy, which needs to be closely monitored.

Secondly, several encryption currency projects will have token unlocks in the near future, which may impact the market:

- On October 30, APT will unlock approximately 11 million tokens.
- On November 3rd, IMX will unlock over 25 million tokens.
- On October 29, EUL will unlock approximately 46,000 tokens.
- On October 31, 1INCH will unlock approximately 150 million tokens.

These large-scale unlocks may increase market circulation, thereby affecting the token price, and holders should be wary of potential price fluctuations.

In addition, several blockchain projects will hold ecological conferences:

- From October 30 to November 2, the Solana Breakpoint conference will be held in Singapore, focusing on the progress of the Firedancer project and announcements of new projects.
- On October 29, Aptos held an event in Singapore.
- From October 28 to 30, NEARCON will be held in Lisbon, focusing on new breakthroughs in AI and chain abstraction technology.

Investors should also closely monitor the fund flows of Ethereum ETFs, the repayment progress for Mt. Gox creditors, changes in the exchange reserves of Bitcoin and Ethereum, as well as the movements of large addresses.

Overall, this week's macroeconomic data will dominate market sentiment, the Solana conference may stimulate the performance of related ecosystem tokens, but the token unlocks of APT and IMX may pose a risk of decline.

Finally, please remember that the cryptocurrency market is highly volatile, and investors should conduct thorough independent research and risk assessment before making decisions.