10x Research: There is a high chance of a rebound in the cryptocurrency market in the fourth quarter, which may trigger greater FOMO sentiment
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
相关文章:
- 稳住血压的10个实用妙招!如何控制血压
- 10月31日南方港股创新视野一年持有混合C净值下跌0.26%,近1个月累计上涨3.79%
- 香港常用露娜币官网地址盘点_实用靠谱露娜币官网地址最新排名
- 数字资产平台 数字资产平台更新版本v6.8.3
- 15个小习惯,轻松开启环保生活!如何环保生活
- 10月31日广发恒益一年持有期混合C净值增长0.34%,近3个月累计上涨3.08%
- 芝麻开门交易所APP下载教程(2025年最新gate芝麻交易所教程)
- 10月31日国联行业先锋6个月持有混合C净值下跌0.30%,近1个月累计下跌4.8%
- 全球十大币圈交易所排名2025 全球十大虚拟币交易所
- fil在哪交易? filAPP最新v6.8.6
相关推荐:
- 10月31日富国久利稳健配置混合A净值增长0.59%,近3个月累计上涨14.72%
- DOG炒币交易中心 DOG炒币交易中心安装包v4.2.9
- 10月31日诺德灵活配置混合净值下跌0.23%,近6个月累计下跌7.96%
- meme币交易平台下载 meme币虚拟币交易平台官网
- 10月31日融通新消费灵活配置混合净值下跌0.91%,近6个月累计下跌4.62%
- TH在哪买? TH手机钱包安卓版v6.8.7
- USDT电子钱包USDT电子钱包官方应用
- 10月31日创金合信医药优选3个月持有混合A净值下跌1.85%,今年来累计下跌9.23%
- 开封哪里的
- 10月31日恒越乐享添利混合A净值下跌0.08%,近1个月累计下跌0.24%