Current market analysis

The big market correction in early October made some investors doubtful, worrying that October, which has historically maintained an upward trend, might be different this time. As a result, history seems to always prove that this time is the same.

After BTC jumped to a peak of $66,000 at the end of September, it did not stop there, but experienced a thrilling retracement, reaching the deep valley of $59,000. Since October 11, the market situation has changed suddenly, with a sharp increase of 3.67% in a single day, announcing the return of the upward trend. The price returned to the high ground of $63,000 like a bamboo, and then it rushed to $66,500.

At the same time, Ethereum also broke free from the shackles, rushing from $2,300 to $2,650, with a single-day increase of more than 6.52%, setting the largest single-day increase since August.

In the market ignited by passion and hope, the public chain sector SUI, SEI, APT, the stable currency sector ENA, the AI ​​sector ARKM, WLD, memes and other sector targets have all seen a sharp rise.

The market is full of altcoins, has the second half of the bull market really started?

#BTC#ETH