The crypto market experienced a downturn after October 10, leading to a prevailing bearish sentiment. Bitcoin's price has dropped significantly, nearing a low for the year, causing market anxiety. Altcoins like Solana and Chainlink have faced substantial year-to-date losses despite Bitcoin, XRP, and Ethereum showing some gains. October saw record inflows into crypto ETFs, particularly Bitcoin and Ethereum, but this did not initiate recovery. The Federal Reserve's planned halt to quantitative tightening and a potential interest rate cut are expected to increase liquidity. Analysts suggest that while increased liquidity doesn't guarantee price increases, it removes a hindrance. Altcoins and DeFi projects are struggling to attract new investments amid security and regulatory concerns. Concerns regarding overvalued AI stocks could trigger further Bitcoin price declines, impacting altcoins more severely. Bitcoin has recovered slightly but remains significantly below its all-time high prior to the market crash. Short-term market weakness is anticipated to continue despite policy shifts.