Just wrapped up the livestream:
1. Bitcoin market:
Overall it’s ranging/sideways. In the short term, it’s bearish. $82,500–$85,000 for BTC, and ETH is in the $2,600–$2,750 range. Wait to short at the highs after tonight’s 8:30 PCE and Friday’s Non-Farm Payrolls data are released;
Before the National Day holiday ends, if Bitcoin breaks to a new high, that would likely be a bull trap—short it directly, because the consolidation hasn’t been sufficient.
From mid to late October there’s a chance to push higher and briefly test around 95,000. Hitting 100,000 is less likely. In early November, Bitcoin could start a second test (second dip), around 60,000–65,000 or 49,000–50,000.
2. What to watch in October:
Oct 2—Non-Farm Payrolls; Oct 14—CPI; Oct 29—Fed interest rate decision; Oct 30—Bank of Japan interest rate decision.
3. October wealth “passwords”:
The Robinhood chain, and the U.S. stocks on-chain push promoted by the SEC—both are long-term wealth “passwords,” so keep a long-term watch on them. Especially the on-chainization of U.S. stocks; it can bring massive incremental capital to the market.
Focus on these 4-layer tokens:
ONDO, LINK, ETH, SOL, AVAX
XLM, HBAR, XDC, POLYX, ZEC
AAVE, UNI
PONS, STONK, HOOD, AI, CRCL
Now you can buy a small position to get on your radar; then buy in batches on the later pullbacks.
1. Bitcoin market:
Overall it’s ranging/sideways. In the short term, it’s bearish. $82,500–$85,000 for BTC, and ETH is in the $2,600–$2,750 range. Wait to short at the highs after tonight’s 8:30 PCE and Friday’s Non-Farm Payrolls data are released;
Before the National Day holiday ends, if Bitcoin breaks to a new high, that would likely be a bull trap—short it directly, because the consolidation hasn’t been sufficient.
From mid to late October there’s a chance to push higher and briefly test around 95,000. Hitting 100,000 is less likely. In early November, Bitcoin could start a second test (second dip), around 60,000–65,000 or 49,000–50,000.
2. What to watch in October:
Oct 2—Non-Farm Payrolls; Oct 14—CPI; Oct 29—Fed interest rate decision; Oct 30—Bank of Japan interest rate decision.
3. October wealth “passwords”:
The Robinhood chain, and the U.S. stocks on-chain push promoted by the SEC—both are long-term wealth “passwords,” so keep a long-term watch on them. Especially the on-chainization of U.S. stocks; it can bring massive incremental capital to the market.
Focus on these 4-layer tokens:
ONDO, LINK, ETH, SOL, AVAX
XLM, HBAR, XDC, POLYX, ZEC
AAVE, UNI
PONS, STONK, HOOD, AI, CRCL
Now you can buy a small position to get on your radar; then buy in batches on the later pullbacks.
