#Can BTC break its ATH in October?

October will be a promising month, I plan to profit from $SOL $BTC and $ETH[龇牙][龇牙]

BTC-6.6%

ATH-13.25%

SOL-7.81%

ETH-6.76%

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Baby,You_reSoBeautifu

· 2024-09-28 00:48

#BTC在10月份能否突破历史新高？ #In the past five months, the BTC price has fluctuated between $71,000 and $49,000, which indicates that many new investors who bought at high prices are underwater. According to Glassnode's new investor confidence indicator, short-term holders have shown confidence and deviated from their previous pattern of panic in bearish trends. The reason behind this shift in sentiment is that this group has suffered relatively low losses. Activity in the BTC futures market has increased. Since BTC broke through $60,000 on September 17th, interest rates on funds have soared, especially positive interest rates. This means that long traders who are betting on further pump in prices have surpassed shorts. These traders are willing to pay a premium to maintain their long positions, indicating bullish sentiment. #币圈观察员#

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