The worst Uptober ever: a sign of things to come?
TL;DR
Macro set the mood: the hosts discussed US–China headlines, a widely expected 25 bps Fed cut and a cooler CPI print alongside a mixed earnings season.
Crypto = range city: BTC and ETH both sat between big support and big resistance, producing fake-outs in both directions.
Alts: First things first : Alts got absolutely murdered and chart structures have not yet been fixed. So pick your spots: with sentiment bruised after the Oct 10 liquidations, outliers with clean narratives (e.g., ZEC, HYPE, TAO) drew the focus while newer names ( XPL) showed how unforgiving this tape can be.
Playbook: stay objective, trade the range, let leaders confirm strength and keep risk tight until the market chooses a direction. This is a good time to get comfortable with trading less.
Vibe check
October is often “Uptober,” but this one felt more like Down-tober. After the Oct 10 flush and a lot of chop since, the big question on the space: was it just coming up for air or did it mark a warning for the rest of the year?
