The first thing I saw when I opened my eyes this morning: $BTC was back near 87,000. “Uptober” really has earned its name—the historical October win rates speak for themselves, and the bulls are already calling for 94,000.
On-chain data is pretty candid, too: Saylor’s Strategy added another 334 $BTC , while Tom Lee’s BitMine scooped up 15,112 $ETH in one go. It doesn’t matter what institutions say—their wallets don’t lie.
There’s been some interesting news on the regulatory front this week. FinCEN directly withdrew its monitoring rules targeting self-custody wallets and mixers. And the CFTC’s new proposed-rules discussion draft even cited the $LINK 2.0 white paper. Infrastructure like oracles and proof of reserves has basically received official recognition.
But here’s a cold shower: the 10-year Treasury yield climbed to 5.34%, its highest level since 2002, and the market has even started pricing in an October rate hike. You can earn more than 5% just by sitting on cash, so risk assets need to show real substance if they want to keep running.
My strategy is simple: the trend is bullish, no doubt, but chasing at 87,000 doesn’t offer great risk-reward. Waiting for a pullback and scaling in feels safer.
NFA DYOR
#BTC #ETH #Uptober #加密货币 #Bitcoin
On-chain data is pretty candid, too: Saylor’s Strategy added another 334 $BTC , while Tom Lee’s BitMine scooped up 15,112 $ETH in one go. It doesn’t matter what institutions say—their wallets don’t lie.
There’s been some interesting news on the regulatory front this week. FinCEN directly withdrew its monitoring rules targeting self-custody wallets and mixers. And the CFTC’s new proposed-rules discussion draft even cited the $LINK 2.0 white paper. Infrastructure like oracles and proof of reserves has basically received official recognition.
But here’s a cold shower: the 10-year Treasury yield climbed to 5.34%, its highest level since 2002, and the market has even started pricing in an October rate hike. You can earn more than 5% just by sitting on cash, so risk assets need to show real substance if they want to keep running.
My strategy is simple: the trend is bullish, no doubt, but chasing at 87,000 doesn’t offer great risk-reward. Waiting for a pullback and scaling in feels safer.
NFA DYOR
#BTC #ETH #Uptober #加密货币 #Bitcoin