Enhanced collaboration among regulatory bodies, Visa's integration of stablecoin payments, and the standardization of corporate digital asset holding strategies are instilling unwavering confidence in the market. Driven by these factors, Bitcoin is set to continue its strong upward trend, with the overall market advancing on a clearly bullish trajectory.

Article 34: Bitcoin Price Catalysts ($120K Rally, Regulatory Clarity, Shutdown Averted) The joint roundtable discussion between the SEC and CFTC on the regulation of digital tokens, anticipation of the avoidance of a US government shutdown, and macroeconomic indicators like employment statistics serve as potential catalysts propelling Bitcoin towards the $120K level. Enhanced coordination among regulators is expected to reduce jurisdictional ambiguity in the digital token market, increasing predictability regarding compliance risks—a primary concern for institutional investors. This move improves market transparency and bolsters the credibility of the overall cryptocurrency market by providing clear guidelines on regulations for listings like ETFs and exchange oversight. Averting a government shutdown removes a short-term risk-off catalyst, stabilizing investor sentiment. Labor market data, alongside inflation trends, is closely monitored for its influence on the Federal Reserve's monetary policy. While weakness might encourage a flight to safety, moderate economic deceleration could heighten expectations for future monetary easing. The potential establishment of strategic Bitcoin reserves by the US government could solidify Bitcoin's status as a reserve asset, driving long-term demand. The confluence of these factors is anticipated to decrease market uncertainty, strengthen risk-on sentiment, and accelerate capital inflows into Bitcoin. Article 35: Bitcoin Gears Up for ‘Uptober’ After $114K Rally Bitcoin's recovery to the $114,000 mark suggests that last week's correction may have laid the groundwork for a healthier upward trajectory, potentially stemming from the deleveraging of some long positions. This reduces the risk of abrupt liquidations. Crucially, the correction last week is analyzed as having focused on unwinding excess leverage rather than aggressive short-selling, suggesting potential for a more sustainable rally not reliant on excessive leverage. Historically, October ('Uptober') has been a bullish month for Bitcoin, and anticipation surrounding this seasonal factor could maintain positive market sentiment, potentially attracting further inflows and buying demand. Conversely, the CME gap formed near $111,300 represents a potential short-term downside risk. While filling this gap might trigger a temporary price adjustment, institutional investors might see this pullback as a buying opportunity. Despite short-term volatility factors, the market's foundation appears healthier, and historical seasonal expectations position Bitcoin favorably. Article 27: SEC-CFTC Roundtable The joint roundtable meeting between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the first in approximately 14 years, is crucial for mitigating market uncertainty regarding the regulation of digital token markets. Collaboration between these regulatory bodies in exploring a regulatory framework promises greater consistency in future regulations, potentially reducing the complexity companies face in addressing demands from multiple regulators and lowering compliance costs. Clear guidelines are particularly anticipated in areas of overlapping jurisdiction, such as DeFi, stablecoins, and NFTs. The CFTC Chair's explicit efforts to dispel "FUD (Fear, Uncertainty, Doubt)" surrounding the agencies' activities signal an intention to reduce market ambiguity. The disclosure of enforcement data by the CFTC highlights the agency's active role, offering a degree of reassurance to market participants. In the long term, a more stable regulatory environment enhances the credibility of the entire crypto-asset market, supporting sustainable growth and further encouraging institutional adoption, thereby strengthening the foundation for long-term expansion. Article 23: SEC Clears DePIN Tokens The US Securities and Exchange Commission (SEC) issuing a "no-action letter" regarding token issuances by DePIN (Decentralized Physical Infrastructure Networks) projects, suggesting potential non-violation of securities laws, marks significant progress toward regulatory clarity in this sector. This substantially reduces uncertainty for founders and developers of DePIN projects operating in the US. Commissioner Hester Peirce's view of DePIN tokens as "functional incentives to promote infrastructure development" and "fundamentally different from securities" signals a regulatory approach that does not stifle technological innovation, likely accelerating investment and development in the DePIN space. With reduced regulatory risk, it becomes more feasible for Venture Capital (VC) and institutional investors to deploy capital into the DePIN sector, potentially positively impacting the token prices of related projects. As a critical domain bridging the physical economy and blockchain, DePIN's growth could contribute to the broader adoption of the cryptocurrency market as a whole. Articles 1 & 16: Visa Stablecoin Pilot Visa's announcement of a pilot program for cross-border payments utilizing USDC and EURC stablecoins is a significant milestone, signaling that the integration of digital assets into traditional finance (TradFi) infrastructure is increasingly becoming a reality. This initiative allows banks, money transfer services, and financial institutions to leverage stablecoins for liquidity management and payments. It is expected to accelerate institutional adoption of stablecoins, thereby enhancing trust and liquidity within the related ecosystem. As stablecoins gain wider acceptance as a means of payment, the overall credibility of the broader digital asset ecosystem improves, potentially exerting an indirect positive influence on foundational assets like Bitcoin. The evolution of payment infrastructure could foster the growth of the digital economy, potentially driving capital inflows into the cryptocurrency market, expanding the stablecoin market, and further boosting institutional interest. Article 26: SOL Traders Smash Buy Ahead of SEC Solana ETF Decision The rebound in Solana (SOL) price from $190 to $213, occurring ahead of the SEC's final decision on a Solana ETF scheduled for October 10th, suggests the market appears to be pricing in the anticipation of ETF approval. Similar to the Bitcoin ETF approval process, the prospect of ETF approval can generate positive sentiment across the market. Notably, aggressive buying activity from retail traders is amplifying this optimism and supporting demand during the early stages of the rally. On-chain metrics, such as increased retail buying on Binance and rising indicators like Hyblock's True Retail Longs/Shorts Accounts, point to heightened retail interest in Solana. Institutional investors are closely monitoring this event and may begin to build positions in anticipation of enhanced liquidity following potential approval. While further inflows are expected if approved, the potential impact of a denial also warrants attention. Article 39: Ether Reclaims $4K: 3 Reasons ETH Price Will ‘Pump’ in October Ether (ETH) has reclaimed the $4,000 mark, supported by several positive factors: decreasing ETH supply on exchanges, rising DEX (Decentralized Exchange) trading volumes, and a historical tendency for price appreciation in October. The reduction in exchange supply indicates investors are moving ETH into self-custody wallets or allocating it to staking, implying reduced potential selling pressure—a positive sign for price appreciation. This could be particularly significant if underpinned by institutional accumulation of ETH. The increase in DEX trading volume signals heightened activity on the Ethereum network and growing interest in the DeFi sector, enhancing ETH's utility. The historical upward trend in October prices influences market psychology, potentially contributing to positive sentiment among traders and institutional investors. These combined factors could fuel further upside for ETH and stimulate broader interest in major altcoins beyond Bitcoin, thereby boosting overall market liquidity. Article 41: DATs Become Corporate Crypto’s Standard The analysis suggesting that Digital Asset Treasury (DAT) strategies are evolving into a standard portfolio management approach for publicly traded companies indicates that incorporating digital assets onto balance sheets is shifting from an experimental practice to a broadly adopted strategy. The approval of Spot BTC and ETH ETFs, along with the transition to fair value accounting for crypto-assets, has reduced barriers for companies holding and reporting digital assets, enhancing transparency. This enables investors to more accurately evaluate corporate digital asset exposure. Companies can leverage capital markets to accumulate digital assets. As seen with Strategy Inc., instances where high mNAV (market value to net asset value ratio) is maintained and equity performance outpaces Bitcoin suggest that DAT strategies offer value beyond simple asset accumulation. The standardization of corporate digital asset holding strategies promises consistent inflows into the digital asset market, bolstering the long-term demand base for key digital assets like Bitcoin and promoting market maturation. Overall Summary Regulatory clarity and harmonization efforts by authorities, the integration of stablecoins into traditional finance (TradFi) infrastructure by entities like Visa, and the standardization of corporate digital asset holding strategies are collectively promoting confidence and institutional adoption within the cryptocurrency market. Specific factors, including regulatory tolerance towards DePIN, anticipation of Solana ETF approval, and Ether's price recovery, are further bolstering market sentiment. While these developments enhance overall market credibility and support consistent capital inflows into Bitcoin and the broader crypto market, short-term risks such as the CME gap and prevailing macroeconomic uncertainties remain present.

In the short term, the CME gap around $111,300 presents a potential downside risk. A key support level is the recent low of $108,964. Continued attention should be paid to macroeconomic trends and unexpected regulatory announcements.

In the next 24-48 hours, further price increases are expected, supported by positive fundamentals. Within the next week, continued inflows into ETFs and regulatory clarity, coupled with anticipation surrounding potential DePIN ETF approvals, are expected to drive Bitcoin prices higher.

The market outlook is overwhelmingly bullish. Fundamentals, including enhanced regulatory collaboration, Visa's integration of stablecoin payments, growing regulatory acceptance of the DePIN sector, and the standardization of DAT strategies by corporations, are building a strong foundation for Bitcoin's ascent. These factors underpin continued institutional inflows into ETFs, poised to drive Bitcoin towards $120,000 and potentially beyond. Investors looking to ride this powerful uptrend should consider strategic buying opportunities on temporary dips around the $110,000 mark. The primary profit-taking target is set at $120,000, followed by a secondary target at $130,000. From a risk management perspective, disciplined execution requires strict stop-loss orders below $105,000. This week, closely monitor macroeconomic data releases and further regulatory news from the SEC, as these developments are crucial for determining strategic trading points. Let's diligently observe market progression and capitalize on this historic opportunity.