- Analyst believes crypto market in a fake out phase.
- He says that market makers are trying to flush out holders on both sides.
- Despite the few expected dips, the analyst remains highly bullish for Q4.
The crypto community hopes to see the crypto market head into a price recovery phase as the prices of Bitcoin and Ethereum hold at $82,000 and 2,400 price areas, respectively. Amidst the aftermath, crypto experts debate the possibilities for crypto price action in Q4 of 2026. One analyst believes crypto market in a fake out phase as market makers try to flush out holders.
Analyst Believes Crypto Market in a Fake Out Phase
The crypto market just saw the price of BTC fall from $87,000 to $80,000 within 48 hours, the result of which led to altcoin prices falling as well, taking ETH price from $2,700 to $2,400. Similarly, other altcoin prices dipped alongside these pioneer assets. Now, as the final quarter of the year unfolds, analysts go on to debate what to expect next for Bitcoin and the altcoin market as well.
As we can see from the above, the post goes on to highlight how BTC dumped from $83,500 to $80,300 yesterday liquidating $1 billion longs. Then today, BTC pumped back above $83,400 liquidating another $220 million shorts. Now, $78,000 – $80,000 below has a sizable liquidity that could be swept next. However, $83,500 – $88,000 above has almost 3x more liquidation clusters stacked up, showing that the market could go either way and that market makers are trying to wipe out holders in both directions.
Meanwhile, the analyst in the post above goes on to share his predictions for October 2026. Specifically, he thinks we are seeing a fake-out to make everyone believe PUMPtober is canceled. This is because October started with a dump where Bitcoin dropped nearly $7,000 in 48 hours,while ETH crashed 10%, and altcoins plummeted 15% – 20%, liquidating almost $1 billion worth of longs.
Market Makers Try to Flush Out Holders
What’s more, he claims that we got hit with AI FUD, the US government moving Bitcoin, Trump restarting war, and historical October 10/10 PTSD all at once. Retail is panic selling, bears are calling for $40,000, and many believe the bull market is over. This is exactly what the cartels and whales want us to think so they can buy holders’ assets at low prices. From here, bears will grow confident, and shorts will pile up.
Thus, he concludes that when everyone is fully convinced that Uptober is canceled and we are going lower, the market will reverse. We will see massive god candles just like we did in August. By the end of October and heading into Q4, a massive short squeeze will send BTC flying above $90,000, ETH will hit $3,000, and altcoins will pump to new yearly highs. He affirms that these are only his expectation and dips could still occur, but he remains very bullish for Q4.
