21Shares senior crypto research strategist Matt Mena said Bitcoin could strengthen sharply in the fourth quarter as U.S. spot Bitcoin ETFs recorded about $603 million in cumulative net inflows and risk appetite for altcoins improved. According to ChainCatcher, Mena said BTC is finding support near $77,000 and the odds of a move toward the $82,000 range before month-end are increasing.
Mena also listed potential fourth-quarter targets of $100,000 for Bitcoin, $3,500 for Ether, $100 for HYPE, and $130 for SOL. He said Ether has outperformed Bitcoin over the past three weeks, while Hyperliquid has approached $90, suggesting capital is rotating into altcoins.