🎉🚀 Bitcoin surpassed $28,000 and hit the highest level of the month! ETF optimism and seasonality are cited as some of the reasons. So do you think this rise will continue? We are waiting your comments! 😄👇

🇯🇵 Traders on the Japanese exchange Bitbank were already eyeing the $28,000 level for Bitcoin last week. In the previous bull market, $28,500 was an important support level and it could turn into a resistance level in the coming weeks.

📈 In the last 24 hours, ether (ETH) rose above $ 1,700, bnb (BNB) and cardano (ADA) increased by 3.3%, while polygon (MATIC) increased by 5.5%. Solana's SOL tokens posted massive gains of 14.5% on renewed optimism for the network among some traders.

🔮 Historical seasonality was also cited as a driver of Sunday's gains. "October is generally referred to as 'Uptober' in the cryptocurrency community, and Bitcoin has recorded only two monthly losses since 2013," he said.

🤔 Last week, crypto markets were boosted by the launch of an official ether (ETH) futures exchange-traded fund (ETF) offered by financial giant VanEck, with expectations of increased demand in the short term. The ETF is thought to have a 90% chance of being approved in the first week of October.

What are you thinking? Will this rise continue or decline? Leave your comments below and join the discussion! 🎉🚀😄