On October 24th, encrypted service provider Matrixport stated that the Bitcoin futures funding rate is abnormally high, indicating that many traders are panic-buying Bitcoin and FOMO sentiment is returning. Bitcoin's market share has reached 52.1%, and in the past 24 hours, Bitcoin's trading volume has increased significantly to $29 billion.

Matrixport stated that they set a target for Bitcoin's price at the end of 2023 at $45,000 as early as the beginning of this year. Previously, on September 20th, Matrixport predicted in a report that October would be a particularly strong month for Bitcoin, emphasizing that the average return rate for October is 20%.