Magnificent move of #Bitcoin upwards.I think that the chances of the correction to be over have significantly increased.Good times are ahead.Break this further upwards & we're in #Altcoin season. https://t.co/AP6BpRjC3u ...

This is the Coin Bureau News Live. [Music] Well, there you go. You want You wanted the goat, you got the goat.The greatest of all time. Yeah. Uh the markets did whipsaw up up quickly then down.It created another Darth Maul candle. My favorite uh candlestick indicator. You just spend your entire weekend looking for Darth Maul candles. I scan the charts just looking for all the Darth Maul candles I can.I'm trying to put it into my new TA book which will be out in the next few months guys. Okay, that's well th ...

If there's going to be a new correction, I would probably go absolutely wild to take all the positions there.This marked is primed to be going up massively.It's #Altcoin season, the last weeks have shown this. ...

Core Insights - Crypto markets are stabilizing after a significant $1.7 billion liquidation of leveraged positions, with investors shifting focus back to Bitcoin as October approaches, a month historically known for strong performance in the crypto space, referred to as "Uptober" [1][6]. Market Dynamics - Following the $1.7 billion in liquidations, volatility in the market has started to decrease, with traders previously engaging in altcoin speculation, which led to a spike in the altcoin season index to 100 before dropping to 65, indicating a shift away from altcoins [2]. - Bitcoin's market dominance has increased to 57.7%, while Ethereum's share has decreased to 12% but has slightly recovered to 13% [3]. Historical Performance - October has been the best-performing month for Bitcoin since 2013, with average returns exceeding 20%, contrasting with September, known as "Redtember," which is typically Bitcoin's worst month [4][7]. Influencing Factors - Factors influencing the current market include ongoing acquisitions of Bitcoin by entities like Strategy and Metaplanet, significant inflows into exchange-traded funds (ETFs), and a generally bullish investor sentiment [5]. - Upcoming macroeconomic announcements, including a speech from U.S. Federal Reserve's Jerome Powell and Core PCE data on U.S. inflation, are expected to impact market sentiment [5][7]. Future Outlook - If inflation remains stable, it could lead to further rate cuts from the Federal Reserve, potentially increasing liquidity in Q4 and triggering another Bitcoin breakout, which may also initiate a long-awaited altcoin season [6].

Altcoin season has arrived. It kicked off earlier in September as 75% of the top 50 coins had performed better than Bitcoin over the past 90 days, according to Blockchain Center, the crypto data company. The list excludes stablecoins. The term altcoin season refers to a period when cryptocurrencies that aren’t Bitcoin outpace the biggest crypto when it comes to upside price action. The rotation from Bitcoin into other cryptocurrencies will accelerate from here thanks to booming corporate treasuries, che ...

Altcoin season coming? ...

If you guys have been watching my videos recently, then you know what we have been waiting for. And it looks as though we are getting just that. We have to talk about this.We're going to be addressing it. And this is very exciting, especially with the fact that the FOMC meeting is now just a few days away. This is extremely exciting.Now, let's dive on in. Let's talk about a few things because on the daily, we are now watching as some old coins are breaking out. Ono is now up 10 plus% today.We are also witne ...

Market Overview - The crypto market showed stability with Bitcoin (BTC) recovering above $112,000, while smaller coins like IP, MNT, and PUMP experienced double-digit gains, indicating the potential start of an altcoin season as CoinMarketCap's altcoin season index reached nearly 60% [1][3] - Traders are anticipating U.S. inflation data to influence asset prices, with a moderate range expected to favor risk assets, while any overshoot in inflation could pressure BTC and ETH [2][3] Derivatives Positioning - BTC's futures open interest remained steady, while open interest in ETH, SOL, and HYPE increased by over 2%, indicating a mixed sentiment among traders [3] - Notional open interest in BTC options on the CME reached a record $5.6 billion, with subdued futures activity, while BTC and ETH puts traded at a premium to calls, reflecting downside concerns [3] Altcoin Season Dynamics - The altcoin season is characterized by capital rotation into speculative tokens, with the altcoin season index rising to 59/100, surpassing August's high of 57, despite a generally bearish sentiment [3][4] - Historical patterns suggest that altcoin seasons occur when Bitcoin consolidates, allowing traders to invest in speculative assets without missing significant BTC movements [4]

Group 1: Market Transformation - The cryptocurrency market is undergoing a structural transformation, with a shift from retail-driven surges to institutional capital flows through regulated products like ETFs [1][2] - The focus is now on altcoins, with the emergence of a new "altcoin season" driven by institutional strategies rather than individual token spikes [1][2] - Institutional investors prefer regulated products for exposure to cryptocurrencies, impacting the upward trends of altcoins [2] Group 2: Role of XBIT Wallet - XBIT Wallet exemplifies the trend of altcoin wallets evolving from mere storage tools to essential components for institutional risk management and strategy execution [1][2] - The wallet integrates institutional-grade custody services and on-chain risk control modules, addressing the heightened security demands of institutional investors [2] - XBIT Wallet supports multi-chain transaction simulations and has a built-in threat intelligence network to combat fraud, reflecting the market's need for enhanced security features [2] Group 3: Strategic Adjustments - Market participants are adjusting their strategies, with a notable trend of "long ETH, short a basket of altcoins," relying on Ethereum's institutional consensus to mitigate altcoin uncertainties [3][4] - The limitations of on-chain operations highlight the need for advanced wallet functionalities, such as cross-chain margin management and one-click position building [3][4] - XBIT Wallet's smart routing feature is crucial for optimizing transaction paths and maximizing capital efficiency during this transitional phase [4] Group 4: Risk Management and Case Studies - Recent losses from specific wallets underscore the importance of real-time risk management tools, as traditional wallets may fail to prevent significant losses in altcoin trading [4] - The tightening regulatory environment in the U.S. necessitates cautious strategies from institutional players, with some traders opting to reduce risk exposure [4] - XBIT Wallet's asset composition analysis module can provide critical support by monitoring positions and tracking smart money movements, offering exit signals to users [4] Group 5: Future Outlook - The altcoin market is at a crossroads, with the potential for combination ETFs to open new avenues for institutional investment [5] - Upgrades in on-chain infrastructure, including wallet security and trading tools, will determine the efficiency of capital inflows [5] - XBIT Wallet is positioned as a key tool for executing institutional strategies, bridging traditional finance and the crypto world as the market shifts from speculative trading to regulated product-driven growth [5]

Market Trends - Bitcoin dominance dipped below 58%, indicating a possible transition to altcoin season [1] - Capital is rotating, suggesting a shift in investment focus within the cryptocurrency market [1]