October is here â and the market is showing some serious movement.
Hereâs how I see things unfolding this month:
I believe weâre currently witnessing a pump thatâs making everyone believe âPUMPtoberâ is real. But soon, we might see a sharp correction, where $BTC could drop closer to $106K, and Ethereum (ETH) might revisit the $3,800 or lower region.
This drop could liquidate overconfident traders and shake out most of the retail investors â a classic market move to trap both bulls and bears. I expect this phase to last until around October 15â20.
Once everyone turns bearish and declares that Uptober is canceled, short positions will pile up.
And thatâs when the market might reverse hard â giving us the real parabolic move in the last 10 days of October.
If that happens, the October monthly candle could close with a massive percentage gain, kicking off a powerful Q4 rally:
$BTC : $150K â $180K
$ETH : $8K â $12K
Altcoins: potential 10xâ50x in just 3â4 months
I could be wrong, and the market may continue pumping from here â but Iâm currently 85% in the market and keeping 15% cash ready for any dip.
â If prices rise â my 85% portfolio grows.
â If prices drop â Iâll buy the dip with 15%.
Thatâs the key â plan for both sides and stay emotionally balanced.
Overall, Iâm extremely bullish on Q4 and expecting one of the strongest alt seasons in years.
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