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October seems on the verge of canceling Uptober as crypto prices retraced after a recent multi-billion-dollar liquidation. But even with that, analysts say steady ETF demand can still support a rebound. October started like a typical Uptober, with ETF inflows…
💡 DMK Insight
As October unfolds, the crypto market is facing a reality check, with recent liquidations reminding investors that volatility is the only constant in this space. However, the silver lining lies in the persistent demand for ETFs, which suggests that institutional interest remains robust despite the price dips. This dynamic could set the stage for a rebound, as seasoned traders know that every dip can also be a buying opportunity. So, while 'Uptober' may be on shaky ground, it’s not quite time to write it off just yet.
📮 Takeaway
Keep an eye on ETF inflows; they could signal a potential market rebound.
