🚀 Bitcoin soars above $28,000, sparking cautious optimism among traders as supply on exchanges hits a 6-year low and whale activity surges. Santiment's latest report highlights the bullish behavior of BTC whales and sharks, fueling the market's upward trajectory. 📈

However, caution is advised as shorts could resurface, adding volatility to the market. Trading volume and on-chain transaction volume should be closely monitored, as well as the impact of the Federal Reserve's interest rate decisions on the crypto market. 🧐

What do you think? Will "Uptober" continue, or should we brace for a potential downturn? Share your thoughts in the comments! 💬