This year's cryptocurrency market is exceptionally challenging. Anyone lacking confidence in the cryptocurrency market or in their own holdings will find it hard to endure.

Firstly, the cryptocurrency market experienced a significant drop in August, stabilized in September, and has steadily risen in October. This is a standard trend reversal, washing away many individuals with weak resolve. However, one thing is clear: Bitcoin maintained a value of $68,000 in October, and at least through November, the altcoin sector's rotation will continue.

Secondly, after Bitcoin steadied at $60,000, altcoins began to rise steadily. October saw frequent appearances of 'dark horses.' Although these surges didn't last long, they indicate a vibrant market with ample trading volume. Hence, while the current market sentiment may seem sluggish, it significantly reduces the risk of a continued short-term crash.

Of course, whether we can be overly optimistic is also a concern. The prices of altcoins are at a critical support level; they are neither rising nor falling, which means anything could happen.

Thirdly, the buying of Bitcoin ETFs has never ceased. Regardless of how low the price drops, capital has consistently flowed in, reaching an astonishing $53 billion. This is one of the key factors that could sustain the bull market.

The biggest test now is: can you seize this market wave with the cryptocurrencies you hold, riding the trend and breaking through previous highs?

As we reach this point in October, I personally believe it is quite ideal, mainly due to three factors that make me very optimistic.

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