Bitcoin Eyes Uptober as Bulls Push Above $112K, Ethereum Back Over $4K
๐ The September Blues Are Fading
September has always been a tricky month for Bitcoin, but traders are already setting their sights on โUptoberโ โ a month historically known for explosive rallies. After weeks of sideways grind, Bitcoin briefly surged to $112.4K, shaking off the sluggish September vibes. Meanwhile, Ethereum reclaimed the $4K mark, adding fuel to the optimism.
๐ History vs. Momentum
The numbers donโt lie โ in 13 years, Bitcoin has only posted four green Septembers, and never during a bull run. With just two days left in the month, BTC is still hovering near $111,781, keeping traders on edge. Bulls want to see a clean breakout and hold above $112K, which could finally flip market sentiment in their favor.
โก Liquidations & Uncertainty
Despite the breakout attempt, the market remains in chop mode. Liquidations are stacking up on both long and short positions, showing that traders are split on what comes next. One thing is clear โ October could be the month where crypto decides its next major trend.
๐ With Uptober right around the corner, is now the best time to position before the market makes its move?$BTC