Bitcoin traded near $110,000 after a slow “Uptober,” with steady selling persisting on US exchanges and in spot Bitcoin ETFs. Glassnode noted rising sell pressure from TradFi investors, with $191M leaving spot Bitcoin ETFs on Friday. The market reacted little to the recent US Federal Reserve interest-rate cut, maintaining caution. Analyst Ali Martinez questions if Bitcoin’s current structure can support a move toward $250,000 by December, pointing to past corrections and positive but flattening momentum. Ether remains within a support level, bouncing from $3,600–$3,750, with a possible bull-flag pattern forming below the $4,100–$4,250 resistance band. The wider market structure remains positive, but a clean breakout is needed for rapid price movement.ETH is holding its uptrend, with higher lows forming and traders looking to November for momentum.

Read more at Yahoo Finance: Is BTC Losing Steam After “Uptober,” and Can ETH Lead the Next Rally?