Jakarta, Pintu News – October, widely known in crypto circles as “Uptober”, has historically been the most bullish month for Bitcoin (BTC) and Ethereum (ETH), with average returns of nearly 21%.
However, according to renowned trader Ash Crypto, this year’s journey may not be as smooth as usual. He believes that the market is forming a trap that could shake up many retail traders before the real big moves begin.
This is the reason why he thinks so.
According to Ash, the first half of October might deceive traders with the impression that “PUMPtober” is really happening.
Read also: Pi Network Price Falls as Mysterious Whale Halts Pi Coin Purchases
However, bearish technical indicators such as the 4-day moving average crossover on Bitcoin suggest a potential price correction to around $105,000, while Ethereum is expected to drop close to $3,800 between October 15-20.
Analysts note that many investors who started accumulating positions since late summer are now starting to realize profits, triggering short-term volatility and sell-offs. According to Ash, this will cause many overconfident traders-especially retailers-to be liquidated for entering the market too soon.
However, this sharp correction is seen as preparation for the next big move. By “cleansing” the market of weak hands, room for a stronger rally is created.

Ash predicts that once traders turn pessimistic and short positions start piling up, the market will reverse.
He predicts that in the last ten days of October, there will be a major breakout that could push Bitcoin prices up to the $150,000-$180,000 range, and Ethereum towards $8,000-$12,000.
Since its inception, Bitcoin has recorded monthly gains in October 73% of the time, with an average gain of around 29%. In 10 of the last 12 Octobers, Bitcoin has always generated positive returns, including a 28.5% jump in 2023 and a 10.8% jump in 2024.
Read also: Is Altcoin Season Here? Institutional Support Fuels Strong Moves in XRP and AVAX
Ash also predicts that this rally will be the trigger for the start of the long-awaited altcoin season, where some selected altcoins could potentially rise 10 to 50 times in the next 3 to 4 months.
Although Ash has placed 85% of his funds in the market, he still keeps 15% in cash. This strategy allows him to benefit if the market goes up immediately, but is also ready to capitalize on buying opportunities when a correction occurs first.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
© 2025 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). The trading of crypto asset futures contracts is carried out by PT Porto Komoditi Berjangka, a licensed and regulated Futures Broker supervised by BAPPEBTI, and a member of CFX and KKI. Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja and PT Porto Komoditi Berjangka do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.