Market Overview



Bitcoin (BTC)

Where things are now

Bitcoin recently soared to a new all-time high above ~$126,000.

It then pulled back a bit; support around the ~$107,000-$110,000 zone is important.

On-chain data: increasing inflows of stablecoins and institutional interest suggest accumulation.

But there are warnings: October is shaping up to be one of BTC’s worse Octobers (traditionally a strong month) if current trend holds.

Key levels & themes

Support: ~$107K-110K. If this breaks, further drop could occur.

Resistance/upside: If support holds and demand continues, breakout toward ~$125K-130K is possible.

Risk: If momentum fades and macro pressures return (regulation, interest rates, risk-off sentiment), Bitcoin could retrace.

Ethereum (ETH)

Where things are now

Ethereum is showing signs of both risk and opportunity. Institutional accumulation is increasing (ETFs, whales).

Technicals: ETH dipped below some trendlines/supports, but a rebound setup is forming (or at least being discussed).

Prediction ranges: For October, some expect ETH in the ~$4,300 range if it breaks out, or risk of deeper drop if support fails.

Key levels & themes

Support: ~$3,500-$4,000 zone is very important. Breach could lead to deeper correction.

Upside potential: If ETH reclaims ~$4,100-4,300 zone, next target ~$4,500–5,000 (or further in longer term).

Risk: Being an alt-coin (so more sensitive to sentiment/macro), ETH may suffer more in a risk-off environment.

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📊 What this means for you (from Bangladesh)

Since you are based in Bangladesh and also an entrepreneur (you mentioned your business), here are some practical takeaways:

Volatility is high in crypto. The swings are big; while upside exists, so does risk of sharp losses. The $19 billion+ liquidation event in October demonstrates that.

If you’re thinking of investing (rather than trading), you may want to consider this as very high–risk capital. Don’t allocate more than you can afford to lose.

Consider your time horizon: crypto may behave differently than stocks/real-economy assets. For short term, lots of noise; for longer term (~1-3+ years) you’ll face different kinds of risks (regulation, adoption, macroeconomics).

Since you are in Bangladesh: Be aware of local-currency effects (USD/BDT rate changes), regulatory stance in Bangladesh around crypto, and accessibility (exchanges, fees, tax) which can differ from global markets.

If you already run a business (cosmetics) and your main focus is that, then crypto (if you choose) might be a small, experimental portion of your portfolio rather than a major bet.
BTC-2.74%
ETH-5.62%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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