📊 MARKET OVERVIEW – 10/4/2025 The crypto market today continues to be extremely active as Bitcoin hovers around $122,500, just ~1% below the historical peak of $123,874. The total market capitalization has surpassed $4.2 trillion, increasing by more than 10% this week. 🔹 Economic data & events The U.S. government shutdown has entered its fourth day → many important reports like Nonfarm Payrolls have been postponed, forcing the market to rely on private data (ADP, PMI). FedWatch shows a 96.2% chance that the Fed will cut interest rates in the meeting at the end of October, which has led to a continuous weakening of the USD, supporting risk assets. ETFs continue to be the focus, with $2.25 billion inflows into Bitcoin ETFs in just 4 days, the strongest since August. BlackRock leads with nearly $800M on October 3rd. 🔹 Sentiment & cash flow Market sentiment is extremely bullish with expectations for "Uptober" → October typically sees strong increases in previous cycles. Analysts and KOLs set short-term targets of $144K, mid-term $150K–$165K, and even a projection of $200K by the end of the year. On-chain data shows whales continue to accumulate BTC, with DeFi's TVL reaching a new ATH of $219 billion, reflecting strong cash flow into the ecosystem. 🔹 Altcoins ETH holds at $4,500 thanks to ETF inflows of over $1B. SOL is around $230 with growth of >12% this week. BNB surged +6.7% in 24 hours. However, with BTC Dominance at 58.9%, altseason has not truly begun. If BTC.D breaks below 58.48%, there is a strong possibility of a rotation into alts. 🔹 Quick technical analysis BTC has formed a cup-and-handle breakout pattern, targeting $125K–$126K. However, the H4 RSI indicator is at 77.8 (overbought) → short-term pullback risk to $118K–$120K before continuing to rise.