#人工智能代币 #AI板块强势进击 According to recent analysis, the cryptocurrency market is expected to see significant changes in October, especially in the following aspects:
The explosion of artificial intelligence
The market capitalization of artificial intelligence (AI)-related tokens has increased by 23% in the past 30 days, from $27 billion to $33 billion. This shows continued investor interest in AI projects. As the U.S. election approaches, market sentiment may be affected, and the AI field may see further growth. In particular, top-ranked AI tokens such as TAO have risen by 50% in the past four weeks. If this trend continues, the market cap of AI tokens could reach $41 billion by October.
Bitcoin Price Prediction
Despite the lack of bullish signals from the overall market in September, Bitcoin price rose by 7.8% and is currently trading at $63,658. Analysts point out that Bitcoin currently faces two key resistance levels: $65,000 and $70,000. With the “sell in May and go” strategy coming to an end, a massive influx of investor funds is expected into the market in October, which will provide a strong catalyst for Bitcoin to challenge $70,000 again. Historical data shows that Bitcoin’s highest price was $73,787. If it successfully breaks through $70,000 and turns into a support level, investors’ profits may rise significantly.
Sui’s potential growth
Sui had a stellar month of September with the price increasing by over 113% and is currently struggling to stay near $1.70. Sui’s total value locked (TVL) has exceeded $1 billion, demonstrating its resilience in the blockchain competition. While $1.70 may serve as support, selling action could threaten this growth, especially as profit-taking could lead to a drop to $1.45, invalidating the bullish outlook.
Overall, October’s “Uptober” may attract more investors to return to the cryptocurrency market, especially in the field of AI and Bitcoin. Investors should pay close attention to changes in market sentiment, the upcoming U.S. election and its potential impact on the market. As for Sui, despite its current performance, investors should be wary of possible volatility from selling pressure. In short, all this may trigger a re-activation of the market in October and provide new opportunities for investors.