The article states that BTC has risen for 3 consecutive months,September with a gain of approximately 6%; spot demand is contracting and futures growth is stagnating, 84000 to 85000 USD with dense holdings above, while the market awaits core PCE and the nonfarm payrolls data.
PANews published an analysis stating that altseason has not officially begun and that capital in this round of market activity may be more inclined toward protocols with actual revenue-generating capabilities.
Liquid Capital Yili Hua, founder, said that Bitcoin remains in a daily ascending channel and that the short-term false breakout is a bull trap; if it falls below 82000 USD, it may face a larger-scale pullback.
Analyst PlanB noted that Bitcoin's price has exceeded several key realized price metrics, stating that the likelihood of dropping below $53,000 this cycle is low, and predicting new all-time highs within the 2024-2028 halving cycle.