BTC Continues the Rally

DAILY MARKET OVERVIEW

Bitcoin Eyes $120K

👋 Hey, Crypto Enthusiasts! Day two of October is here, and Bitcoin refuses to slow down.

🔥 Over the past few days, BTC has ripped from $108k all the way to nearly $120k, fueled by massive ETF inflows - more than $1.5 billion in just three days. That kind of firepower is hard to ignore.

📈 With this move, BTC’s structure has officially flipped from bearish to bullish. The key support remains the monthly open at $114k. As long as that level holds, dips look more like opportunities than threats.

So, what’s next ❔

• Right now, BTC is battling the $120k resistance zone.

• A brief pullback is likely around those levels

• But don’t rule out a clean breakout - a push above $120k could open the door to fresh all-time highs in the coming days.

🦥 Meanwhile, altcoins are lagging. Traders are heavily focused on BTC, meaning alts don’t just climb less, they also bleed harder on Bitcoin’s pullbacks. That dynamic could shift later in Q4, but for now, BTC is in the spotlight.

📊 Fun fact: based on seasonal charts (shoutout to PattaTrades), we might be entering the time of year where some of the fastest, most explosive BTC runs historically happen.

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SOCIAL SENTIMENT

Altcoin Watch

Everyone has their eyes on alts - but let’s be real, it’s still a bit too early to declare full-blown altseason. Many charts are messy, stuck in ranges, or sitting under key resistance. Patience is the name of the game.

That said, a few names are worth flagging:

✅ Looking Stronger

• Solana (SOL) - One of the cleanest charts in the market right now. Outperforming both BTC and ETH, with possible upside into a new all-time high zone if momentum holds. ETF narrative could amplify it further.

• Aptos (APT) - Much more under the radar, but could be quietly shaping up. Structure looks ready, just waiting for a breakout above nearby resistance.

⚠️ Worth Watching, But Not Yet

• Ethereum (ETH) - Solid structure, but lagging BTC. Needs ETF inflows to really shine.

• XRP, HBAR, Curve, Litecoin, Chainlink, Algorand - Interesting setups forming (wedges, cups, inverted H&S), but none have confirmed strength yet. Still “pre-breakout.”

• AVAX, ADA, NEAR, Wormhole - Mixed bags. Mostly chopping.

⏳ Overall, outside of a few standouts, alts aren’t ready yet. More time is needed before the broader market flips bullish.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

CME to make crypto futures trade 24/7 starting in early 2026
The derivatives giant will run crypto futures and options nonstop as client demand and tokenized collateral rails grow.

Avalanche Treasury Co. inks $675M SPAC to build $1B+ AVAX vehicle
AVAT’s deal bundles $460M projected assets, a $200M discounted AVAX allocation, and advisor ties to Avalanche’s core team.

Perp DEX volume tops $1T in September; Aster leapfrogs Hyperliquid
Aster led with ~$420B, Hyperliquid ~$282.5B, and Lighter ~$164.4B as on-chain derivatives hit a new monthly record.

Swedish lawmakers propose study for a national Bitcoin reserve
Two MPs want Sweden to assess BTC as “digital gold,” while affirming no legal-tender change and no CBDC rollout.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Ivan On Tech – THIS ALTCOIN PUMP IS A TRAP!!!!!!! (whale explains) (02.10.2025 Summary)

Ivan on Tech warns that the sudden altcoin pumps, like Zcash’s recent surge, may not be the start of a true alt season but could signal a trap. Still, he sees a unique setup forming around Zcash and privacy coins.

Key Points from Ivan

• Bitcoin is leading again

  • Bitcoin is pushing toward $120 and showing strength after a reset in sentiment.

  • Higher lows confirm the trend remains bullish, with Ivan targeting $150 next.

• Zcash’s explosive rally

  • Zcash spiked from $100 to $150, raising fears of a “dino coin” pump – the kind often seen near cycle tops.

  • Ivan argues this time could be different: the Zcash community has held for years at a loss, and many may not sell early.

• Why Zcash matters now

  • Zcash is essentially “Bitcoin with privacy” – fixed supply, preset inflation, but with shielded transactions.

  • New tools like the Zashi wallet allow on-chain swaps with ETH, SOL, and stablecoins, removing the need for centralized exchanges.

  • Growing awareness of privacy and censorship concerns is pushing more people to value Zcash’s use case.

• Caution for traders

  • Despite the bullish setup, Ivan warns not to chase pumps. Volatility is high and pullbacks are likely.

  • He stresses using trend-based strategies rather than trying to predict exact tops or bottoms.

Final Takeaway

Ivan’s outlook: Bitcoin is setting the tone with a bullish trend, but Zcash may surprise as privacy finally gains attention. Still, he cautions traders not to get trapped by hype – volatility will be extreme, and only those who respect the trend will thrive.

Lark Davis – Crypto Explodes! [Uptober Begins] (02.10.2025 Summary)

October - a.k.a. “Uptober” - is historically strong for crypto. Lark Davis says momentum and macro are lining up for a bullish Q4.

Key Points from Lark Davis

• Seasonal strength

  • Bitcoin closed September green - historically this precedes an average +51% Q4.

  • That setup points to BTC potentially reaching $150K–$160K by December.

• Macro tailwinds

  • US manufacturing (ISM) may be turning expansionary after ~3 years below 50 - a sign the business cycle could pick up in Q4.

  • Global liquidity trends are supportive for risk assets.

• Market momentum

  • BTC jumped from ~$114K to ~$119K in a day - MACD and RSI are improving.

  • If a new impulse is starting, Lark maps a path to ~$135K first, then $150K–$160K by year end.

  • Strategy tip - look for pullbacks to the 20-day EMA for higher-probability entries.

• Altcoin outlook

  • Broad alt indices show cup-and-handle style breakouts - altcoin impulse may be underway.

  • Watch Solana ($450–$500) and Ethereum (~$7K) if momentum holds.

  • Meme and small caps can run if the rally broadens - but expect volatility.

• Zcash spike

  • ZEC surged after Naval’s privacy comments - Lark is cautious since past ZEC pumps faded quickly.

Final Takeaway

Lark’s view: Q4 looks bullish - Bitcoin could aim for $150K+ with altcoins following. Expect sharp pullbacks along the way and avoid chasing vertical pumps - buy strength on retests instead.

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