In August, the crypto market experienced a black swan event, and panic sentiment was high. September is usually the worst month of the year, and the crypto market often falls, especially altcoins.

The long position explosion in September 2019 was impressive. The market is usually worse in the second half of the year because the Federal Reserve tightens liquidity. Currently, altcoins are recovering, but you need to be cautious in chasing highs in September.