9.20 Weekend Market Trend:
Bitcoin: Short-term still in a volatile range, pay attention to the strong support at 1143 below. Ideal entry is between 112-113, you can choose to enter based on the strength of the pullback.
Ethereum: The large bullish candle within the volatile range is securely held, the bears are decreasing their volume in the drop, the lows are being lifted, and the volatility is narrowing—these all indicate a change in trend is approaching!
Currently, the general direction of the market remains unchanged, still bullish.
Altcoins: The altcoins have generally been in a downtrend these days, which is actually a very good low point for entry. Before the interest rate cut, some small altcoins have already taken profits, $SOL , $DOGE are still observing. Although XRP and DOGE's ETFs have launched, the transaction volume on the first day was average, and cannot be compared to actual market sell-offs. It’s important to understand, having an ETF ≠ having funds, and popularity does not equal buying pressure.
You need to recognize the reality: having an ETF ≠ having funds, the trading volume of altcoin ETFs is limited.
Next, pay attention to the movements of SOL and ETH staking ETFs, as well as the breakout opportunities for BN series altcoins.
Observed altcoins: UNI, AVAX, SUI