{"id":13690,"date":"2025-10-18T09:46:11","date_gmt":"2025-10-18T09:46:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-prices-falling-why-uptober-is-not-going-as-expected\/"},"modified":"2025-10-18T09:46:17","modified_gmt":"2025-10-18T09:46:17","slug":"crypto-prices-falling-why-uptober-is-not-going-as-expected","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-prices-falling-why-uptober-is-not-going-as-expected\/","title":{"rendered":"Crypto prices falling: Why \u201cUptober\u201d is not going as expected?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">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.<\/p>\n<div id=\"cn-block-summary-block_785535b64a56367e431ea8ee4dbe48c2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>October started strong for Bitcoin, with ETF inflows and institutional demand pushing crypto prices to new all-time highs, following historical trends that make the month one of the best for the cryptocurrency.<\/li>\n<li>That momentum was quickly shaken when a $19 billion liquidation event, amplified by thin order books and crowded derivatives.<\/li>\n<li>But analysts say the seasonal rally isn\u2019t dead yet.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>October started like a typical Uptober, with ETF inflows pushing crypto prices higher and plenty of buyers in the market, but a sudden liquidity squeeze and a political shock quickly knocked the rally off course.<\/p>\n<p>Early in the month, Bitcoin (BTC) climbed into fresh territory, with its price hitting new highs above $126,000. Analysts at Glassnode noted in a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-40-2025\/\" target=\"_blank\" rel=\"nofollow\">research report<\/a> that Bitcoin \u201cbroke through the $114k\u2013$117k supply zone to reach a new all-time high near $126k, backed by strong ETF inflows and renewed mid-tier accumulation.\u201d<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Bitcoin monthly price returns | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/today\" target=\"_blank\" rel=\"nofollow\">CoinGlass<\/a><\/figcaption><\/figure>\n<p>October has long been dubbed \u201cUptober\u201d in the crypto world, a month historically known for strong gains. Data from CoinGlass shows that since 2013, Bitcoin has averaged a return of more than 46% in October, making it one of the best-performing months for the cryptocurrency.<\/p>\n<p>But after the high came a shock. On Oct. 11 the market suffered the largest single-day liquidation event on record as roughly $19 billion was wiped from leveraged positions, pushing BTC as low as roughly $102,000 before a partial bounce.<\/p>\n<h2 class=\"wp-block-heading\">Liquidity, leverage and the short squeeze<\/h2>\n<p>One thing some analysts noticed was that Bitcoin\u2019s price swings weren\u2019t just from selling as thin order books made the moves way worse. Kaiko\u2019s mid-October <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/research.kaiko.com\/insights\/when-october-surprise-meets-crypto-liquidity-drought\" target=\"_blank\" rel=\"nofollow\">note<\/a> summed up the market-making side of it:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cVolumes spiked on Friday as panic swept through crypto markets, exposing a stark liquidity gap across BTC order books. As selling accelerated, there simply wasn\u2019t enough resting depth to absorb the flow; order books on several exchanges thinned out to the point of appearing empty for several minutes across major BTC venues.\u201d<\/p>\n<p>Kaiko<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Even after the flash crash, some analysts say the seasonal case isn\u2019t over. K33 Research noted in a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/k33.com\/research\/articles\/leverage-cleared-whats-next\" target=\"_blank\" rel=\"nofollow\">research piece<\/a> that after this big deleveraging, they\u2019re turning \u201cincreasingly optimistic\u201d since excessive leverage is gone and structural risks are lower, with the market setup \u201cnow looks far healthier.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe view the coming weeks as an opportune window for capital deployment into BTC, expecting the reset in perps and the normalization of funding dynamics to provide a constructive foundation for renewed upside momentum.\u201d<\/p>\n<p>K33 Research<\/p>\n<\/blockquote>\n<p>Glassnode pointed that prior to the liquidation drama, institutional demand was pretty healthy as more than $2.2 billion in U.S. spot-ETF inflows was detected in a short span and steady mid-tier accumulation made \u201cnearly all circulating supply back into profit,\u201d which historically marks late-stage but durable rallies.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1309\" height=\"514\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/10\/1760780771_551_Crypto-prices-falling-Why-Uptober-is-not-going-as-expected.webp.webp\" alt='Crypto prices falling: Why \"Uptober\" is not going as expected? - 2' class=\"wp-image-14426004\"><figcaption class=\"wp-element-caption\">Bitcoin price vs accumulation cohort | Source: Glassnode<\/figcaption><\/figure>\n<p>So far, Uptober shows two things at once: big institutional flows pushed prices higher, but a single liquidity event \u2014 made worse by thin order books and crowded derivatives \u2014 can erase that progress fast.<\/p>\n<p>What happens next depends less on hype and more on whether market makers, institutional buyers, and option sellers rebuild depth. If they do, Uptober could still finish strong. But if not, October will be remembered as the month the rally hit a liquidity wall and got knocked back.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13690"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13690\/revisions"}],"predecessor-version":[{"id":13691,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13690\/revisions\/13691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10946"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}