September is coming to an end, how will October be? Let's briefly discuss my thoughts on the mountain fog 🎯

In the first half of September, most altcoins and mainstream coins performed quite well. Initially, I mainly focused on long positions, such as Bitcoin/Ethereum/M/Pump/DOGE/SOL, and achieved significant gains. Then, during the days when interest rate cuts took effect, the various waterfall declines aligned with my previous comments about good news being fully priced in, and that the reality might lead to bearish expectations.

So how will October proceed? Will it continue to decline or will the main forces enter the market to pull up prices? From what I've learned, there will be another interest rate cut scheduled for October 30, and it is certain that it will happen. This interest rate cut is likely to stir up the market again. Based on the September market trends, the overall market might start to rise 10 to 12 days before the rate cut, pausing two days before the rate cut occurs. However, the effect may not exceed the first cut, and currently, the pullback is nearing its end. We can start to gradually plan and position ourselves at the end of the month or in early October.

The Ethereum Fusaka upgrade in Osaka, Japan, will also take place in October, marking another prosperous time in the crypto world. There have been several upgrades before; I wonder if everyone still remembers them? The 2023 Shanghai upgrade, the 2024 Cancun upgrade, and the Prague upgrade in May of this year. Each upgrade tends to see a significant rally in the period leading up to it, not just Ethereum but also many altcoins associated with Ethereum will likely take off.