According to the source, traders are watching the BTC monthly candle into the Oct 31 UTC close for a potential negative October print and are advised to confirm the monthly result on a reputable charting platform before acting. Source: TradingView monthly BTCUSD chart; Binance API documentation on Kline intervals using UTC 00:00 close. The source also claims BTC market capitalization is near 2 trillion dollars; traders should verify the live figure on an independent data aggregator before making decisions. Source: the source; CoinMarketCap BTC market capitalization page. Bitcoin’s 17th white paper anniversary is today, reinforcing long-term adoption narratives that often frame higher-timeframe trend assessments into the close. Source: Bitcoin white paper by Satoshi Nakamoto dated 2008-10-31 on bitcoin.org. For actionable risk management, monitor whether BTC closes the month below the prior monthly close and key higher-timeframe levels such as the 20-month EMA and spot-futures basis, which inform momentum and carry conditions. Source: Murphy, Technical Analysis of the Financial Markets; CME Group BTC futures contract specifications and roll calendar.

According to the source, the key trading focus is whether BTC will finish October with a green monthly close, as highlighted in a post on X dated Oct 28, 2025, source: source post on X, Oct 28, 2025. A green month means the October close settles above the October open, the standard definition used in candlestick analysis, source: Investopedia, Candlestick and OHLC definitions. Into month-end, traders monitor the October monthly open as a pivot, spot-futures basis, perpetual funding, and open interest to gauge momentum and squeeze risk, source: CME Group Bitcoin futures product guide; Kaiko market structure research. Dealer positioning and options expiry on the last Friday of the month at 08:00 UTC can also sway late-month price action, source: Deribit Knowledge Base, expiration schedule. While the Uptober narrative reflects that October has been positive in a majority of years since 2013, seasonality alone is not a signal and should be combined with trend confirmation, source: CoinGlass Bitcoin monthly returns dashboard; U.S. SEC Investor Bulletin.