Nagsimula na ba ang Crypto Bull Run Sa Uptober Trend Revival O Isa Bang Trap? Narito ang Dapat Asahan
crypto Nagsimula na ba ang Crypto Bull Run Sa Uptober Trend Revival O Isa Bang Trap? Narito ang Dapat Asahan 5 minuto ang nakalipas Balita ng Ethereum ng Bitcoin As October comes to an end, the market is witnessing a renewed purchasing sentiment, marking a remarkable recovery and unlocking the full potential of the ‘Uptober’ trend. This week kicked off with a promising start on Monday, as Bitcoin price climbed to a peak of $35K, following news of upcoming ETFs. However, amidst rising profit-taking indicators visible in on-chain data, investors are struggling with uncertainty: is this bull run a trap, and does it possess the structural backbone to sustain this pace? Investors Greed Backed By Fundamental Support In the past 24 hours, the market has seen a sweeping liquidation of approximately $429 million, with short positions accounting for a significant $323 million, as reported by Coinglass. Interestingly, October has breathed new life into the crypto sentiment of 2023, with the total market capitalization touching a yearly high, currently hovering around $1.28 trillion. The current surge rides on the backbone of several fundamental factors tied to ETFs. Recent days have seen a rising sense of hope for the introduction of bitcoin ETFs in the U.S., a sentiment powered by