📉 September curse: Bitcoin "falls every September"? 📉
The rumored "September effect" does not seem to be groundless! Since 2013, Bitcoin has fallen 8 times and risen 3 times in September, and September has become a headache for many crypto investors. Why did the crypto market fall more than rise in September? 👇
🔍 Reason analysis:
Portfolio rebalancing: After the summer, traders return to the market and readjust their investments, and market volatility naturally increases📊. Tax planning: Institutional investors implement tax strategies, sell loss-making assets or take profits, leading to increased market selling pressure📉. Macroeconomic data shocks: For example, the release of Nvidia's financial report often affects the price of tokens and market confidence in related fields📉. Capital flow: Back to school season, debt payments, etc. prompt individual investors to sell some assets, affecting market supply and demand💸. Market sentiment turns conservative: After the second quarter boom, investors become more cautious when the market lacks new momentum😶. 💡 Viewpoint: The volatility of the crypto market in September may be unavoidable, but understanding the logic behind it can help us plan investment strategies more rationally. Do you think the "September effect" will happen again this year? 📈📉