566313
dmittc 🔵

@dmtc #566313

https://t.me/dmitriychernyak
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BTC is now below its October historical average, $62k. If September was closed well, then October has not yet revealed itself.

Alta is generally in a deplorable state.

However, memcoins are doing well.
There is 1 month left until the key event of this year.

Each time after an election, the market reacted with rapid growth.

But this bull cycle can also surprise. Therefore, we keep our expectations minimal.

Do you think the trend will repeat?
I just won 193 $DEGEN in Gate of Degen!

@degengate
out of 62 airdrops, only 8 traded at + within 90 days of listing
Ethereum Domination At the moment, Ethereum is the leader among smart contract platforms: with the largest number of applications, developers and the highest commission income over the last 30 days
Top most profitable coins in Q3 2024. Data taken from CryptoRank source.

$NEIRO and $SUNDOG turned out to be good cases, and SUI is the leader in blockchains.
By the way, today is October 1st, the first day of autumn according to the crypto calendar.

September is considered the summer month.
In financial markets, the summer season ends only in October.

As a result, many expect markets to recover only in October as investors return from the holidays and companies begin reporting third-quarter earnings.

This leads to an increase in activity after a weak summer season and to improved performance in the 4th quarter of the year: October, November and December.
We were just getting ready to take off.

When information immediately appeared:
The Fed is in no hurry to reduce the rate.

So far we are given little fuel for the rocket.

But this is temporary and it will definitely take off in the near future.

Otherwise, why do we need a rocket?
Fun fact: every time after a green September, BTC rises for the next 3 months

But we already know how the market can surprise us

Will the trend continue?
- We'll find out soon.
total capitalization, for 30 days
The ETF is starting to show activity, 5,000 BTC (~$360 million) were purchased yesterday alone

If the trend continues in the near future, we may approach the Bitcoin price of $70,000

There is also more liquidity, which makes us very happy
Bitcoin continues to be in a sequence of lower highs and lower lows. Only a significant close above the July highs will change this sequence and complete the semi-annual triangle.

We are very close to the most active phase of this cycle.

We've never been this close before.
dinner by candlelight
This feeling is constant 😅

Who had this?)
I am convinced that this bull cycle will turn into a turning point.
it will teach us to think nonlinearly.
and establish new rules for market cyclicality.
Warm autumn evenings Sunset for the night in your feed
The market is always ahead of the curve
Most likely the market has turned green from today's decision on the rate
What's behind your ear?😅
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The chart of capitalization of altcoins, with the exception of Ethereum, highlights the accumulation stage from May 2022 to December 2023, when the indicator fluctuated from $280 billion to $470 billion

This was followed by a powerful pump that lasted until April 2024 with a jump in the metric to $788 billion Now we are in the decline phase All we need is a $1.1 trillion altcoin capitalization The question of when this will happen remains unknown