ChainCatcher reported that an Alpha report from a certain exchange pointed out that bitcoin had a strong start in October, reaching a new all-time high, with an average historical increase of about 21%. One of the main factors behind bitcoin's recent rise is the easing of selling pressure, as whale sell-offs have slowed significantly. In addition, the macro environment is also improving, such as a dovish Federal Reserve, easing inflation, and renewed ETF capital inflows. All these indicate that the correction phase in the crypto market may have already passed.