In brief
- Ethereum sits 13.8% from its all-time high versus Solana’s steeper 34.12% climb.
- Prediction market Myriad places odds at 62% that ETH hits a new high before any major drop.
- Myriad users are bearish at the moment on a new SOL high. Here’s what the charts are looking like.
Goodbye “red September,” hello “Uptober.” As the bullish vibes return to the crypto market, traders appear to be setting their sights on risk assets beyond just Bitcoin, with Ethereum and Solana—two of the largest altcoins by market capitalization—each rising 5% today. So where are traders most likely to place their bets next?
The month that traditionally punishes crypto investors ended up delivering a 3.5% gain for the total market cap, defying the doomsayers who predicted blood in the streets based on historical data. Now October has arrived—what traders call “Uptober” for its historically bullish performance—and the hunt for new positions is on.
Two of crypto’s most important altcoins have become the center of intense speculation as permabulls pound the tab
Go to Source to See Full Article
Author: Jose Antonio Lanz
