Any IP is a high-risk asset. Currently, BTC is in line with the trend of the times. Compared with ancient gold, BTC is more favored by the younger generation. Winning young people means winning the future. When the millennial generation gradually takes the center stage of the times, BTC will also usher in its moment of glory.
Recently announced financing cases in the blockchain field exceed 15, with a total of 6 transactions in the tens of millions of dollars this week. Other popular projects include the AI-driven Web3 community verification platform Me3 and the prediction market platform Limitless. In the segmented investment and financing tracks, the prediction market field is particularly hot. Additionally, the X402 protocol AI agency payment protocol predicts a $30 trillion USD market by 2030. X402 is an open payment protocol developed by Coinbase, designed to enable AI agents to autonomously complete payments and transactions without human intervention. X402 allows AI agents to use stablecoins across multiple blockchain payment services and provides the advantage of instant settlement, avoiding complex processes such as account creation, subscriptions, or API keys.
$TAO moved 10 times $ONDO moved 5 times $SEI broke its all-time high record
Altcoin market cap surpassed 80%
This time, all signs indicate that the third large alternative season is about to begin.
According to the Total3 chart, the target is to reach $1.6 trillion.
Let’s delve deeper 👇
1 History Repeats Itself
This setup has been seen twice before.
In October 2023, the Total 3 index started to rise from a low point, initiating the first mini-season.
Then in March 2024, the same RSI structure formed again, leading to a second, stronger rally, increasing the market cap from $700 billion to $1.2 trillion.
Now, the RSI indicator is forming higher lows and bending upwards again. This is usually the earliest confirmation signal of a new upward trend gaining momentum.
2 Cup and Handle Structure
Upon closer inspection, the chart has presented a perfect cup and handle formation over the past year.
The bottom is around $800 billion, and the neck is around $1.1 trillion.
If the breakout is successful, the expected target amount will be close to $1.6 trillion, which aligns perfectly with the upward trend predicted by the RSI.
This technical structure rarely occurs without subsequent action; it is the calm before explosive leg movements.
3️⃣ Macro Tailwinds Confluence
Timing further enhances this effect.
The Federal Reserve is expected to continue cutting rates until March 2026, which will add more liquidity to risk assets, and that is precisely the driving force for altcoin increases.
Three major influential ETFs worth watching Solana: SOL is the altcoin most likely to benefit from diversification, alongside BTC and ETH ETFs. Among the 155 cryptocurrency ETFs awaiting approval, 23 target Solana. This strong institutional demand indicates possible fund flows. Therefore, tracking the ETF for SOL is one of the most important ETFs to watch and could yield significant investment returns.
ProShares CoinDesk 20 ETF: Tracks 20 top cryptocurrencies, including BTC, ETH, and altcoins like XRP, which can diversify institutional exposure.
REX-Osprey 21-Asset ETF: Aims to provide exposure to specific cryptocurrencies and offers staking features for tokens such as ADA, AVAX, DOT, NEAR, SEI, SUI, TAO, and HYPE.
The fourth quarter could be swiftly dominated by the ETF narrative, boosting relevant fields like DeFi. Whether altcoins can capture the same demand as BTC is undeniable momentum. Stay confident and prepare for the upcoming altcoin ETF narrative.
👉 The weekly cryptocurrency update blends politics, policy, and price action, proving that macro and narratives still dominate Uptober.
Despite ongoing volatility, Powell's dovish background, weak inflation data, and ETF capital inflows bolster the case for continued economic growth in the fourth quarter.
BTC is consolidating between $108,000 and $115,000, with a potential breakout to $130,000 if a rate cut occurs this month.
Altcoins are becoming active again, with EVAA, XPIN, and SERV leading the trend, hinting that the long-awaited altcoin season spark may finally be flickering.
Summary: October is not over yet. The momentum for November looks stronger than ever.
🚨 2014 - Missed a lot of $BTC 🚨 2015 - Missed a lot of $LTC 🚨 2016 - Missed a lot of $ETH 🚨 2017 - Missed a lot of $XRP 🚨 2018 - Missed a lot of $BNB 🚨 2019 - Missed a lot of $LINK 🚨 2020 - Missed a lot of $AAVE 🚨 2021 - Missed a lot of $SOL 🚨 2022 - Missed a lot of $SHIB 🚨 2023 - Missed a lot of $INJ 🚨 2024 - Missed a lot of #VIRTUAL
#cZ According to reports, on March 27, 2023, Zhao Changpeng and Binance were sued by the U.S. Commodity Futures Trading Commission for allegedly violating trading rules; in November 2023, the U.S. demanded that Binance pay over $4 billion in fines and forfeitures, while Zhao Changpeng agreed to pay a $50 million fine; in April 2024, Zhao Changpeng reached an agreement with the U.S. Department of Justice, admitting to charges of assisting Binance in money laundering, and was subsequently sentenced to four months in prison. White House Press Secretary Karine Jean-Pierre stated in a statement that President Trump signed a pardon for Zhao Changpeng, who is the founder of the Binance cryptocurrency exchange. Jean-Pierre stated: "The President exercised the power granted by the Constitution to pardon Mr. Zhao, who was prosecuted in the Biden administration's crackdown on cryptocurrency. The Biden administration aims to punish the cryptocurrency industry, even though Mr. Zhao was not charged with fraud and there were no identifiable victims, they still pursued him." "These actions by the Biden administration have severely damaged the United States' reputation as a global leader in technology and innovation," Jean-Pierre said. "The Biden administration's war on cryptocurrency is over." Following the announcement, Zhao Changpeng posted on the X platform stating: "I am very grateful for the President's pardon and for the President's commitment to fairness, innovation, and justice in America."
Team allocation is one of the most undervalued yet crucial indicators in token economics. It can tell you how much the builders are invested in the game and how much selling pressure they might bring later.
Lower allocation ratios (such as TAO or QUBIC) usually indicate fairness. These projects typically prioritize the community, without early insider advantages.
It reduces the risk of dumping and coordinates long-term network participation.
On the other hand, with appropriate vesting, moderate allocations (10-20%) can be healthy.
It ensures the team remains motivated and funds future development, marketing, and ecosystem growth.
However, if the token unlock rate is too fast or lacks transparency, high allocations (like LINK's 30%) may raise concerns. This could mean potential sell-offs, harming the market.
In short, it is a window into understanding the project's ethics, sustainability, and how the incentives between builders and believers are aligned.
Do you know of any potential red flags closely related to the team that could lead to a sell-off?