Bitcoin’s drop from its $70,000 level in October has rekindled selling pressure, suggesting a potential market pullback.
FTX token's recent price decline and high MVRV ratio signal it may be overbought, raising red flags for further downside risk.
Despite strong gains, Litecoin’s MVRV ratio points to profit-taking, with analysts warning of potential selling pressure near term.
AAVE’s recent 14.8% drop suggests a shift in market sentiment, with short-term gains possibly triggering more selling.
Interest rate announcements, geopolitical tensions, and investor profit-taking behavior could impact October’s crypto market, especially overbought assets.