Iran's hundreds of missiles have directly increased tensions in the Middle East, triggering cautious sentiment in global markets, and the crypto market has fallen. Data shows that Bitcoin fell by about 4% in the first two days of October, in stark contrast to the average increase of 20% in October over the past 10 years.
Sean McNulty, head of trading at liquidity provider Arbelos Markets, believes that the sell-off is a "temporary setback" given that the Federal Reserve has begun to cut interest rates, and the government after the US presidential election in November may also be more friendly to the cryptocurrency industry. "October is often the best month for Bitcoin, and this seasonal trend still exists."
It can be seen that the drop of BTC from 65,000 is a rare opportunity to increase positions.