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Abbas🎩👾
@abbass.eth
JPMorgan analysts predict the cryptocurrency market's future based on technical, geopolitical, and structural factors. October's "Uptober" trend historically favors bitcoin, with a 70% positive return rate. Despite the Fed's rate cuts, the crypto market hasn't responded significantly due to a weak correlation and lack of historical data. The approval of bitcoin ETF options may enhance market liquidity and attract institutional investors. Ethereum's upcoming Pectra upgrade focuses on long-term improvements rather than immediate price impact. The market awaits a clear macroeconomic or structural catalyst for sustained growth.
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