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💹 Will October Send BTC to $150K? Let's prepare:

💹 Will October Send BTC to $150K? Let's prepare:

PLUS will Aster really kill Hyperliquid?

September 23, 2025

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That’s it. You’re in the mix.

They’ve already released some pretty cool crypto-themed games, and with football (not soccer) season back, their upcoming sportsbook couldn’t be dropping at a better time.

So if you fancy a punt, go have a play. Just remember, as always: gamble responsibly.

GM, the hunt for the low is here.

Once again, the times are hard for the crypto heads, but this, too, shall pass. It’s especially tough if we look at this overall stock performance and compare it with our loved, and currently mostly hated, altcoins.

Will this reverse? I believe so. But first, we need to get through the next few weeks. I believe the bottom might be closer than most think. It remains to be seen, but given the historical data post-large liquidation events, I believe BTC shouldn’t get lower than $107k.

Currently, the problem is also tightening US liquidity, as seen in this chart. We’ll monitor the situation as we move forward.

For the very short term, today has the potential to be a bounce day due to the upcoming announcement around the Strategic Bitcoin Reserve. Let’s hope it’s a good one.

In the medium term, I think we should prepare for some more blood sometime this week and possibly into early October. On the other hand, if Q4 is indeed bullish, and October remains green from the historical point of view, these prices should not be bad entries overall.

Looking at ETH, I agree with traderXO and his chart outlook. ETH is currently simply consolidating after a significant upside move, and as long as the structure doesn’t break badly, the next leg up should be juicy.

It remains to be seen. For now, I would be careful until we get through the monthly close and early October. It’s also worth remembering that if September closes green, it serves as an entry into a really (really) bullish Q4. Let’s see.

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The important bits.

Giza podcast on blocmates is scheduled for tomorrow, tune in here
Shadow Exchange presents a brand new UI, see here
Stargate enables transfer for AUSD, a stablecoin by Agora, read here
alUSD positions on Pendle are now tracked on Cookie in the ACM campaign, check her
Mira Foundation publishes a new website, see here
Newton hosts spaces with PayPal’s president, listen here
Kyan publishes plans for the next developments, read here
Jumper hits all-time volume second week in a row, read here
Kraken x Legion will debut Yield Basis (YB) as the first token on Kraken Launch, read here
STBL announces 100% token buybacks, read here
Celestia token TIA is now bridgeable through Hyperlane, read here
Peaq announces world’s first tokenized robo-farm, watch here
TROLL is now listed on Coinbase, read here
CUPSEY is now listed on MEXC, read here
HYPE is now listed on Aster perps with 300x leverage, read here
Phygitals announces $20,000 vintage 1999 1st Edition Fossil ripping on stream, join here
Fluid is expanding to Solana, read more here
Vana has launched its mobile app, read here

Even more important bits.

Scaramucci announces an upcoming Avalanche Digital Asset Treasury, watch here
OpenAI & NVIDIA announce Strategic Partnership to deploy 10GW of NVIDIA Systems, read here
Arthur Hayes dumped his HYPE position due to upcoming unlocks, read here
Crypto products can now be launched in the US due to new regulatory allowance, read here
Vitalik published a new blog on Low-risk DeFi, read here
21Shares' Spot Dogecoin ETF has been listed on the DTCC, read here
CZ’s $10B firm YZi Labs may open to external investors and go public, read here
Kazakhstan debuts its Evo (KZTE) stablecoin pilot, read here
Clanker has declined Rainbow Wallet’s acquisition proposal, read here
World Liberty Financial is rolling out a debit card + retail app, read here

Charts and stats of the day.

Ëxtended altcoin rotation is fading as Ethereum’s dominance fades, chart here
The activity in the trenches is down badly, stats here
USDe has hit $600M on Binance, just 1 day after announcing 12% APR, chart here
Ondo reached $250m TVL, full stats here

Don’t miss out on the daily blocmates news bulletin with Gaz! Tune in here.

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The BTC performance versus Gold and many stocks is indeed a very painful sight. I believe this will turn around eventually, perhaps during Q4. It's time to pray.

somehow BTC/Gold looks even worse than last cycle top.
— Dyme (@CryptoParadyme)
3:56 AM • Sep 23, 2025

Aster is about to flip Hyperliquid.

The battle is now fully on. If Aster sustainably flips Hyperliquid, this one will run much higher.

The strength is clearly there, even though the whole market pulled back a lot. The perp—DEX battle is now fully in motion.

On the other hand, I believe the Hyperliquid team will not let this go by without a counterattack. They have cards stacked up their sleeves, and we will see some important announcements soon. Stay tuned.

Trade ASTER here.