Markus Thielen, founder and research leader of 10x Research, a digital asset research firm, believes that as Bitcoin rebounds to the $65000 level, there is a high possibility of a rebound in the cryptocurrency market in the highly anticipated fourth quarter, and returns may be realized ahead of schedule.

In a report released on Thursday, Thielen stated that FOMO sentiment has returned to the altcoins market, fueled by Bitcoin's breakthrough of $65000. "A significant uptrend may be imminent, which will trigger even greater FOMO in the entire cryptocurrency sector.

The trading price of Bitcoin before the deadline is around $65800. Capriole Investments' altcoin speculation index has climbed to 23%, up 13% in the past 30 days. This index tracks the proportion of altcoins that have performed better than Bitcoin in the past 90 days, with higher values indicating increased market speculation.

The prices of many altcoins have experienced significant increases since September 20th. According to CoinMarketCap data, among the top 100 cryptocurrencies by market capitalization, the native token W of the cross chain information transmission protocol Wormhole has risen the most in the past seven days, with an increase of over 35%. The second highest rising coin is the meme Shiba Inu (Shiba Inu, SHIB), which has also risen by over 35%. The native token SEI of Layer1 memory blockchain Sei ranks third, with an increase of about 33%.

Thielen stated that Shiba Inu Coin has become a popular investment choice for retail investors in South Korea this week. He said:

In the past 24 hours, Shiba Inu has regained the top trading volume position in South Korea, indicating a rise in speculation and laying the foundation for a potential rebound in the fourth quarter

With the rebound of the altcoin market, the proportion of Bitcoin market value has slightly decreased, dropping from a local high of 58.5% on September 19th to the current 57.5%, a decrease of about 1.7%. This data is often used by traders to measure the potential flow of funds from Bitcoin to altcoins. Meanwhile, the Bitcoin Fear and Greed Index has returned to the "Greed" zone today, with a value of 61.

Thielen from 10x Research stated that if the Federal Reserve in the United States remains open to interest rate cuts, high beta altcoins may gain further growth momentum. In addition, he believes that China's $278 billion stimulus plan, driven by increased global liquidity, may trigger a parabolic rebound in cryptocurrency prices.

data source

(责任编辑：牌价)

• ·稳定币爆发：日均供应量超 1680 亿美元，月度稳定币钱包地址增长百倍
• ·10月31日广发医药健康混合C净值下跌0.55%，今年来累计下跌10.26%
• ·以太坊币钱包下载
• ·meme币交易所下载官方app下载 meme币最新版下载ios
• ·增值税发票入账时间有什么规定
• ·俄罗斯出生的亚历山大·古里维奇因涉嫌Nomad黑客事件被捕
• ·山寨币app监控软件
• ·10月31日招商瑞德一年持有期混合A净值下跌0.14%，近1个月累计上涨1.0%
• ·什么什么布 形容天气
• ·10月31日宏利景气智选18个月持有混合C净值下跌0.16%，近1个月累计上涨8.35%
• ·你我贷借款怎么样？
• ·扣币平台
• ·摩根大通首席执行官警告称，股市在突然复苏中将出现“异常自满情绪”
• ·10月31日广发新能源精选股票A净值下跌0.31%，近1个月累计上涨1.43%
• ·火币提现手续费
• ·10月31日诺安稳健回报混合C净值增长3.03%，今年来累计上涨21.4%