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October began with Uptober optimism but quickly turned stormy as the market faced one of the biggest liquidation waves of the year.
In this analysis, we trace how the crash unfolded — and whether the market’s Green Season still beats beneath the surface.
Crypto Market Season Evaluation after the Crash Episode of Oct 7 – 10th
We all heard the loud crash of the Crypto Market this October, just after feeling the vibes of UPTOBER. The Oct 7th to Oct 10th Crypto Market Hard Crash episode was loud and prominent – as All Time High Crypto Liquidation records were made!
Now, that chapter is over, with Crypto Market starting a renewed course marking a fresh chapter about which we would talk here.
Now, a question creeps into minds of those interested in Crypto Market Economy – Is it still a Green Season for Crypto Markets or that season of Red Dips with Price Bleeds has set in!
(Sorry if it sounds gory — but in markets, getting rekt is a reality. Let’s understand the dynamics that can protect our liquidity and shape smarter plays!)
Market Signal Check – Continuation or halt of Green Season?
Until Oct 6th – Crypto audiences were sure Crypto Market’s in Green season. My article did show the echo of UPTOBER based on the evaluation of Market movement trends –
The Bullish Pulse of the Crypto Market — Skyward Movements & an Uptober for Bitcoin
The current Crypto Market Green Season has been on since Jan 2023 as can be seen in Total Chart.
I have in my earlier articles showcased the Bull Market Trend in Crypto Markets with cryptos like BTC and BNB having their Bull Run Phases-
BNB’s Top Gun Bull Run: Flying Past ATH into New Crypto Skies
Early Oct had Total Crypto Market Capitalization climb to ATH valuation peak of 4.28$T .
UPTOBER season winds were blowing, yet suddenly Crash waves emerged with the Crypto Crash episode of Oct7th – 10th.
Now, Crypto audiences are trying to make sense of the Crypto Market – has the Green Season ended with the entry of the Red Season!
Changing Green and Red Faces of the current Crypto Market >>
A section of Crypto audience felt that – Red season has come (and that’s not because it’s Halloween time with a Dracula making things Red); while others still feel that Crypto Market’s Green Season is on.
The Oct 7th -10th Crash was just a correction episode connected with the cleansing of Crypto Markets from the overleveraged burden.
Yet both sections here speak from awareness of this deep truth that there can never be an evergreen season for Financial Markets, including Crypto Markets.
There will be a day marking the end of the Green Season, with the entry of the Red Season.
However, now that day has not come – for Cryptos to start their Bear cycling journey downwards…
Let’s now proceed to read this Fresh Chapter navigated by Crypto Market and get a sense of the direction of the current Crypto Market Trend!
Understanding the story narrated by Chart Patterns!
Let’s read story the patterns show -Liquidation and Bounce action Pattern!
Before, we open Crypto Market’s evolving new Chapter, we rewind the closed chapter – as it’s crash patterns engraved in Total’s Chart need to be understood.
Total dips to 3,25$ T Valuation on Oct 10th – that declining action is depicted by the big Red candle with an elongated wick!
This elongated wick is the footprint track left by the mega liquidation event of Oct 7th -10th!
As Crypto Markets sentiment was bullish that time - greed drove Crypto Market activity with the perpetual Futures Market filled with traders betting going long on their Crypto positions (BTC, ETH, BNB) trading on leverage.
As Crypto Prices fell, the long positions taken by these Margin traders got liquidated.
All the crypto collateral kept to fund these Margin trades in DEXs like AAVE, Hyperliquid besides CEXs too were liquidated.
This is what characterized the liquidation phenomenon that ended on Oct 10th.
It was a painful crypto smash story for Margin traders losing out on their trading positions – their leverage washing off their entire trade capital!
On the very next day, Oct 11th, Total’s valuation bounced to 3.66$T – showing that buyers brought the dip accumulating BTC, ETH , BNB and other cryptos at their fallen prices!
Total’s chart shows this Valuation Bounce effect!
New Crypto Market Chapter starts with slight Recovery Momentum
Now, we find that Total’s valuation looks geared to climb up from support range at 3.55$B.
Oct 7-10th Crash Episode has not broken Total’s Bullish Market structure with Total’s Valuation dips finding a full stop at 3.55$B – inching close to Total’s 2025 Jan’s ATHs!
Crypto Market watchers reading Total’s Chart this way see – the Green signal on for Crypto Market Green Season – meaning there is room for more Crypto Bull Price Runs!
The current Total chart shows early signs of recovery with volatility phase looking to have cooled off.
Sneak Peak of Price Trend of Large-Cap Cryptos
BTC looks to sit on support level – 108,138$ , climbed up from it’s Oct 17th crash low of 102,000$.
ETH’s too climbed above support range of 3,600$ from it’s Oct 10th crash low of – 3,458$
BNB’s stays up above peak support range -1,012$, having bounced immediately from its Oct 10th price crash of 894$
Seeing these Top cryptos – it looks to be that Bull season has not ended, it looks to continue.
What’s your reading of the charts — is the Green Season still alive, or are we turning red again?
Conclusion – The Pulse Lives On
The Oct 7–10 crash was more of a reset than a reversal.
It cleared excess leverage, strengthened structural supports, and re-centered the market on fundamentals.
Large caps like BTC, ETH, and BNB are once again leading the way — signaling stability in the face of turbulence. For now, the Green Season continues, though its rhythm has slowed into a steadier, more mature beat..
