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：财经专题)

• ·股票大笔买入
• ·挖矿软件怎么启动不了-挖矿软件怎么启动不了了
• ·国内数字货币交易所排行榜 前十知名数字货币交易平台2025
• ·ouyi稳定币APPv6.5.8下载-芝麻交易所ouyi交易所2023抢先下载
• ·THORChain 上涨 16%，挑战 2.93 美元——只有这个价位才能阻挡 RUNE 的步伐
• ·会计账簿有哪些不同的用途分类？
• ·境外的收据能报销吗
• ·metamask钱包怎么转账
• ·美国30年期国债收益率创2023年11月以来新高
• ·新大陆收盘涨3.36%，主力资金净流入2883.04万元
• ·BTC突破103000美元关口，24小时跌幅达0.76%
• ·一周融资速递 | 11家项目获投，已披露融资总额约8900万美元（5.12-5.18）
• ·免征增值税计入其他收益还是营业外收入
• ·钱包即交易所
• ·无形资产可回收金额大于账面价值怎么处理
• ·华凯易佰收盘跌1.39%，主力资金净流出2089.1万元