The cryptocurrency market in September is a bit magical. First of all, the United States will hold a series of cryptocurrency hearings in September. The interest rate cut meeting on the 18th is also critical, and the hearing on the 23rd may have the greatest impact on cryptocurrencies. In addition, Zhao Changpeng may be released on the 29th, and this September is destined to be extraordinary.
However, liquidity may be a bit lacking in September, and there will be dramas of rapid rise and fall, which will slowly clean up most of the leverage and make people mentally collapse, but this may also be a great time to grind the bottom and absorb funds. The main rising wave is expected to start between October and November. The market in October last year was so powerful, and I hope it can be repeated this year.
To sum up: the curse of September is still there. Bitcoin has fallen 8 times in September in the past 11 years, with a probability of up to 72%. This September, let's see the main shock.