Will Crypto Recover in October? BTC USD Reclaims $110K as Solana SZN Heats Up on Pump.Fun

Market Overview - Bitcoin (BTC) experienced a tough week but showed signs of recovery, closing above $110,000 after finding support at $108,900 [1] - BTC USDT is currently holding above $112,000, indicating a positive rebound in the market [2] Solana and Pump.fun - Attention is shifting towards Solana, particularly its revenue driver Pump.fun, which is boosting the performance of several Solana meme coins [2] - The long/short ratio for Solana on Binance exceeds 2, indicating strong trader conviction and optimism for a price increase [2] - Trading volume on major perpetual futures exchanges is rising, suggesting renewed interest from traders [2] Bitcoin Price Dynamics - Support for BTC USDT is around $107,500, with resistance at $120,000; a push beyond $115,500 is necessary for buyers to regain control [4] - Analysts predict a potential target of $135,000 for Bitcoin by December, supported by a promising Elliott Wave pattern [4] Historical Performance - Historically, October has been a strong month for Bitcoin, with average gains of nearly +30% in 11 out of the last 15 years [5] - An October rally often extends into November, referred to as "Moonvember," amplifying potential gains [5] - HODLers who maintained their positions during the previous month are expected to benefit significantly in October and Q4 2025 [5]