September's cryptocurrency market, a battle of curses and opportunities, are you ready?
As the shadow of the 'September curse' looms over the cryptocurrency market, this September, historically labeled as an 'adjustment month,' has seen the market drop with $BTC falling below the $110,000 mark, $ETH encountering resistance in independent trends, and the Trump family project WLFI launching, causing a 'vampire effect.' The market swings between fear and greed, while real opportunities often hide in the cracks of emotion.
Let me share my thoughts with everyone. The cryptocurrency market has long been said to be under the 'September curse,' with Bitcoin and Ethereum traditionally performing poorly in September over many years. This year, many say that it cannot escape this psychological shadow. However, unlike previous years, the expectation of interest rate cuts by the Federal Reserve has become a key variable. If the September FOMC meeting releases clear signals of easing, it could inject new momentum into risk assets; if the rate cut is delayed, the market may further digest profit-taking, and Bitcoin could even test the $104,000 support level.
I personally believe that the cryptocurrency market in September is under short-term pressure, but there is no need for long-term pessimism.
This is due to the market's 'accumulation phase,' and currently, the market is in a 'volatile digestion phase.' Bitcoin has pulled back from a high of $124,000, indicating strong resistance above, while Ethereum briefly broke through $4,956 but lacked subsequent momentum, so be cautious of the risk of a pullback after 'positive news is realized.' As for the medium-term trend, it remains unchanged; if the Federal Reserve begins its rate-cutting cycle in the fourth quarter, improved liquidity is expected to drive a rebound in cryptocurrency assets.
Brothers, facing the 'curse and opportunities' of the September market, remember a few points: don’t be shaken out by short-term volatility, as market adjustments are a normal phenomenon; short-term pullbacks may present layout opportunities. Additionally, mainstream assets like Bitcoin and Ethereum have good liquidity and stronger risk resistance, so keep an eye on them; pay close attention to the progress of Ethereum Layer 2 expansion, RWA tokenization, and other technological implementations, as these are 'anchor points' for future value; also, events such as the September FOMC meeting, non-farm employment data, and CPI inflation data are very important and have reference significance for subsequent strategies.
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For those who don’t want to miss out on the opportunities in September, follow me, I will guide you in layout for September, moving forward steadily, and I will also provide daily feedback and guidance in the internal fan group!