Top markets on @MyriadMarkets this week include predictions on where Bitcoin and Ethereum are headed next, plus odds of another major liquidation event. https://t.co/x6SXC7xVsG ...

Market Overview - October 2025 experienced a significant market downturn, contrasting with the expected bullish trend [1][2] - A major liquidation event occurred, exceeding the combined impact of the FTX collapse and the COVID panic in March 2020 [7][8] - The crypto fear and greed index plummeted into extreme fear territory [11] Key Events and Triggers - Bitcoin reached a new all-time high of $126,296 before the crash [4] - Geopolitical tensions, specifically trade war concerns, triggered a deleveraging event [6] - The Federal Reserve's rate cut and the end of quantitative tightening (QT) initially led to a market sell-off due to cautious remarks [12] Financial Impact - $1937 billion in leveraged positions were liquidated, impacting 16 million traders [7] - Bitcoin plunged 18% from its all-time high, while Ethereum fell over 20% [9] - Altcoins experienced more severe losses, with some coins losing 60% to 80% of their value [10] Potential for Recovery - The market purge of excess leverage could create a healthier foundation for a future rally [17][18] - The end of QT and potential further rate cuts could provide a tailwind for risk assets like crypto [21] - Institutional demand remained resilient, with Bitcoin ETFs seeing net inflows even after the crash [22] Future Outlook - Bitcoin and Ethereum could potentially break through their all-time highs by the end of the year, but the path is narrow [24] - Altcoin season is less likely in the immediate future, with Bitcoin dominance increasing [28][29] - The next altcoin rally will likely be more selective, favoring high-quality projects with strong fundamentals [32]

Market Analysis & Trading Strategy - The firm witnessed the largest liquidation event in the history of Crypto [1] - The firm's altcoin shorts and buy orders generated more profit than its BTC short position [1] - The firm aggressively added BTC spot in the $105,000 - $110,000 range [1] - The firm realized half of the BTC short profit, with the other half open with stops at entry [1] - The firm employs a short-term trading strategy, adapting quickly to market changes [1] - The firm tends to buy when there is market downturns, anticipating further profit from the remaining BTC short position [1] - The firm utilizes trading strategies during euphoria events to control risk, manage capital, and maximize profit [1] Investment Performance - XRP: Entry at $1.60, now +50% [1] - SUI: Entry at $0.90, now +240% [1] - ONDO: Entry at $0.45, now +50% [1] - HYPE: Entry at $22, now +70% [1]

Market Liquidation Events - The current liquidation event was not the largest historically [1] - On May 19th, 2021, $8 billion (80 亿) was liquidated, representing a larger liquidation event than the current one [1]

Market Liquidation Event Analysis - Crypto market experienced its largest liquidation event of the year, with altcoins/memecoins being the most affected [1] - The liquidation event coincided with stocks and gold reaching new All-Time Highs (ATHs) while crypto declined [1] Investment Strategy - Risk/Reward (R/R) often favors taking long positions during massive liquidation events, with a timeframe of weeks/months [1] - Opportunities to buy arise when assets are down double-digit percentages in a day and are extremely oversold [1] Market Trend Prediction - Crypto is currently lagging behind stocks and gold, but is expected to follow and outperform aggressively soon [1] - The current market cycle is not yet over [1]