Bitcoin price was under a lot of pressure as it squeezed during its descent. BTC broke out of the falling wedge pattern on October 1 in an explosive manner, taking altcoins for a ride.
Axie Infinity price breached a bottom reversal pattern on September 29 and has not looked back even after doubling in value. While a retracement is likely, there is a chance AXS could set up a new all-time high before throwing in the towel.
Ethereum (ETH) price has jumped higher on the weekend as bears backed off after rediscovering risk-on sentiment. With ETH price action hitting $3,391, the price is fading slightly to the downside, with bears trying to go for the gap to fill toward $3,018. Bulls, however, will use the 55-day Simple Moving Average (SMA) and the monthly pivot as supportive elements in their corner for the next pop toward $3,681
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