The post Is Uptober Still on Track as Bitcoin’s Momentum Slows Down? appeared on BitcoinEthereumNews.com.

After reaching a new all-time high of over $126,000 earlier this week, Bitcoin’s (BTC) price has slipped slightly, raising questions about the sustainability of its recent rally. Despite the slowdown in upward momentum, holder activity suggests the broader bullish phase remains intact. Yet, rising leverage hints at possible short-term turbulence. Sponsored Sponsored ETF Flows and Accumulation Power Bitcoin’s Uptober Momentum October is historically a strong month for Bitcoin. It saw the coin break through and reach highs over $126,000. Despite facing a correction, BTC has retained most of its gains, which exceed 7%, higher than September’s 5.16% appreciation. According to the latest data from BeInCrypto Markets, the largest cryptocurrency traded at $122,151, up 0.38% over the past day. Bitcoin Price Performance. Source: BeInCrypto Markets While seasonality has contributed to the positive momentum, Glassnode highlighted that institutional interest played a key role in BTC’s latest milestones. According to Glassnode’s latest report, spot Bitcoin ETFs attracted over $2.2 billion within one week, one of the strongest inflows since April. “This renewed institutional participation has absorbed available spot supply and strengthened overall market liquidity. Seasonally, Q4 has historically been Bitcoin’s strongest quarter, often coinciding with renewed risk appetite and portfolio rebalancing,” the report read. In addition, buying activity was persistent among small and medium wallets (10–1,000 BTC). The Trend Accumulation Score showed accumulation from this cohort over the past few weeks. “The alignment among mid-tier holders points to a more organic accumulation phase, adding structural depth and resilience to the ongoing rally,” Glassnode added. Sponsored Sponsored Trend Accumulation Score Chart. Source: Glassnode The report revealed that daily spot trading volumes have also surged to their highest levels since April, signaling increased market participation and deeper liquidity amid the price breakout. Notably, Glassnode highlighted that despite 97% of BTC supply being in profit, the…

---

Filed under: News - @ October 9, 2025 8:26 am