Bitcoin Rises Ahead of Historically Strong October, But Warning Signs Persist – 29/9/2025
Bitcoin (BTC) is climbing as October, historically its best month of the year, approaches. Ether (ETH) and all members of the CoinDesk 20 Index are also in positive territory, with the index up 3.0% over the past 24 hours.
Despite the gains, cautionary signals are emerging. Futures markets are showing a pullback from bullish sentiment, and options activity remains mixed.
U.S. exchange-traded funds are also seeing outflows. Both Bitcoin and Ether ETFs recorded net withdrawals on Friday, marking the fifth consecutive day of outflows for ETH ETFs—the longest streak since September 8.
Another potential red flag is the CME futures gap, the difference between Bitcoin’s Friday close and Sunday open, which sits below current spot prices. Historically, these gaps often get filled, suggesting traders should monitor price action closely.
