9.23 Market Analysis:
Is the black swan back again? UNLINK crashes 72%, a complete wipeout!📉
Market Trends:
BTC: Two consecutive waves of decline, currently weak in rebound, ETF funds flowing out + market in wait-and-see mode, panic emotions are still present. The key now is whether 1114 can hold; if it fails, look down to the lower Bollinger band of 109200. This wave should be handled with two probes, buying in batches at low points, starting with SOL, waiting for right-side signals from altcoins.
ETH: Three consecutive declines in 4 hours, has hit strong support at 4077, the shorts are diminishing, hinting at a 'yin-ji yang-sheng' scenario. However, if it breaks 4077, the pattern will deteriorate, and we need to wait for K-line confirmation.
This wave of Ether resembles June: a month of triangular oscillation → breakout → ETH sees the largest single-day liquidation in 21 years, with over 10x leverage completely cleared!
Moving forward, it will either directly V-rebound or kill three waves like in June (extreme look at 3600), deep squats before a major surge in October.💥
Altcoin Market: It's now a Binance bull market! #Aster is clearly supported by Binance, CZ has been calling out for days, resource tilt is likely, targeting Hype directly.
Suggestions: Continue to monitor SOL, ETH staking ETF trends, and the breakout opportunities of BN series altcoins.
