RT Sharbel (@sharbelxyz)I am officially asking @waleswoosh to go on a vacation right now.If we can all ask him nicely collectively, I think we can save Uptober.Thank you for your attention to this matter. 🙏 https://t.co/IFNV8ys3er ...

Well, they said Uptober is here…Still waiting for it to show up. 😅Maybe it missed the pump bus? 🚏 https://t.co/PJ7LKwlJU7 ...

Market Prediction - The market anticipates a pump to create false expectations of a "PUMPtober" [1] - A significant drop is expected, potentially driving Bitcoin down to approximately $106 thousand and ETH to around $3800 or lower [1] - This drop could lead to the perception that "Uptober" is cancelled [1] Timeline - The prediction outlines three phases: pump, dump, and a potential Q4 parabolic pump [1]

Leave a comment if you think Uptober is back ...

📊 LATEST: “Uptober” finally flips back to green.Are we going to keep the momentum this week? https://t.co/roVLWrkAP4 ...

Core Viewpoint - Progress in US-China trade negotiations is boosting market sentiment, with potential benefits for risk assets if an agreement is reached on Thursday [1] Group 1: Market Sentiment - The ongoing US-China trade talks are positively influencing market emotions, suggesting a favorable outlook for risk assets [1] - Bitcoin (BTC) has maintained a volatile stance this month, hovering around early-month levels, as the market watches for indications of the Federal Reserve potentially ending quantitative tightening (QT) [1] Group 2: Cryptocurrency Market - Current options skew for BTC and Ethereum (ETH) has become neutral, indicating a recovery in risk sentiment [1] - However, if BTC fails to break through critical technical levels, the historical trend of "Uptober" experiencing seven consecutive years of gains may be at risk [1]

Market Sentiment - The cryptocurrency market anticipates a potential surge as "Uptober" nears its end [1] - Speculation suggests the possibility of a significant positive price movement ("God candle") in the cryptocurrency market [1]

Market Overview - The crypto market is experiencing renewed optimism as traders seek the best cryptocurrencies to invest in, with Bitcoin reclaiming the key $110,000 level and sentiment aligning with the bullish "Uptober" narrative [1][3] - October has seen significant volatility, with Bitcoin reaching an all-time high of approximately $126,350 before experiencing a dramatic liquidation event, causing altcoins to drop between 60 to 90 percent intraday [2] Bitcoin Performance - Bitcoin has shown resilience, bouncing back from lows below $100,000 and stabilizing around $110,000, with intraday gains exceeding 1 percent [3] - Traders are hopeful that the final week of October will restore Bitcoin's historically bullish performance for the month [3] Regulatory Developments - BNB's price surged over 7 percent following President Trump's pardon of former Binance CEO Changpeng Zhao, which is speculated to improve Binance's standing with U.S. regulators and indicate a potential shift towards a more supportive crypto regulatory environment [4] Economic Indicators - The U.S. Consumer Price Index (CPI) reading is anticipated, with expectations of a slight increase in inflation; any figure above the 3 percent consensus could lead to increased volatility in risk assets [5] - Ongoing diplomatic developments between the U.S. and China are unpredictable, with hopes that upcoming trade discussions will ease tensions regarding tariffs and rare earths [5] Altcoin Market - Selective altcoins are experiencing relief rallies, with Falcon Finance leading with over 20 percent daily gains, while other altcoins like AVANT, ApeCoin, and Humanity Protocol are also showing strong momentum [7] - The rotation into smaller assets is crucial for a successful conclusion to "Uptober," as traders remain cautious but are increasingly enthusiastic about finding the best crypto investments [8]

Core Viewpoint - Bitcoin's price is expected to dip below $100,000 before potentially reaching a year-end target of $200,000, according to Standard Chartered's Geoff Kendrick [1][2]. Price Movement - Bitcoin's current price is approximately $108,200, having fallen about 12% from its all-time high of $126,000 over the past 16 days [2]. - The asset has experienced a significant drop, reaching as low as $104,800 since its peak [3]. Market Dynamics - The recent price decline is attributed to a "fear-driven selloff" influenced by tariffs and trade tensions between the U.S. and China [2]. - Historically, October and November have been strong months for Bitcoin, with average increases of 19.8% and 46% since 2013 [2]. Comparisons with Gold - Gold has outperformed Bitcoin in recent months, but a recent sharp selloff in gold coincided with a bounce in Bitcoin prices, indicating a potential shift in investor behavior [3][4]. - Gold's price has dropped significantly, from a record $4,381 per ounce to around $4,075 per ounce [4]. Industry Developments - FalconX is set to acquire 21Shares, marking a significant deal in the crypto industry [5]. - Analysts noted that Bitcoin was outperforming gold as geopolitical tensions eased and companies reported strong third-quarter earnings [5].

Market Sentiment - The anticipated "Uptober" rally is being tested as Bitcoin and Ethereum spot ETFs experience significant outflows, impacting the previously bullish market sentiment [1][2] - Ethereum spot ETFs recorded $145.68 million in net outflows on October 20, marking the third consecutive day of withdrawals [1][3] - Bitcoin spot ETFs saw a net outflow of $40.47 million, extending their losing streak to four days [1][2] Ethereum ETF Performance - Ethereum ETFs are experiencing a notable shift in sentiment, with substantial capital being withdrawn after a period of strong inflows earlier in the month [3][5] - The total assets under management (AUM) for Ethereum ETFs have decreased to $26.83 billion, which is approximately 5.56% of Ethereum's total market capitalization [3][4] - The largest withdrawal was from BlackRock's Ethereum ETF (ETHA), which lost $117.86 million, followed by Fidelity's FETH with $27.82 million in redemptions [4] Cumulative Inflows and Market Dynamics - Despite recent outflows, cumulative net inflows for Ethereum spot ETFs remain at $14.45 billion since their inception [4] - The recent turbulence has erased part of the gains from early October's mini rally, which had pushed total inflows close to $15 billion [5] - Analysts suggest that the retreat in demand may be linked to a cooling interest among large Ethereum treasury holders [5][6] Investor Behavior and On-Chain Data - Entities like Sharplink and Bit Digital have reportedly slowed their accumulation pace, indicating growing unease regarding Ethereum's short-term price outlook [6] - Significant movements of ETH from the Ethereum Foundation and PulseChain Sacrifice wallets have raised speculation about internal repositioning among key holders, potentially increasing selling pressure [6]