This week, BTC has started to show a bullish trend. Many altcoins have also started to catch up. The weekend and Mid-Autumn Festival are coming soon. You must know the major events that will happen next week in advance. Only by knowing the news and technical results in advance can you increase your chances of winning! Next week's big event preview: September 17 (Tuesday): US August retail sales monthly rate; Stable Rise. September 18 (Wednesday): Trump's "hush money" case verdict; TON Asia-Singapore. September 19 (Thursday): Federal Reserve interest rate decision; Solana Breakpoint; DeFi2049—Beyond THE Horizon; lmpact September 20 (Friday): ETHGlobal Singapore. September 21 (Saturday): The US Securities and Exchange Commission decides on Bitcoin ETF options. #BTC☀ : Bitcoin currently lacks its own benefits, and its price is affected by market news and macro data, and cannot move independently. Last week, the market fell due to concerns about the US economic recession.
This week, recession concerns eased, and the market bet on the Fed to cut interest rates by .25BP next week. This week, it rebounded after falling in the previous two weeks. It is expected that Bitcoin will fluctuate before and after the Fed announces the interest rate cut next week, and will be greatly affected by the dot plot.
#ETH : This week's trend is weaker than the market, and the ETH/BTC exchange rate continues to fall. In addition to external factors, Ethereum's development direction is chaotic, developers and users have different opinions, there is a lack of star projects on the chain, funds are flowing out, and ecological construction faces challenges. It is expected to perform worse than BTC in the future, and the ETH/BTC exchange rate will continue to fall.
Altcoin: Although it rebounded with the market this week and was stronger than the market, there is no unified hot spot, the innovation track is not perfect in the early stage, funds are scattered, market funds are not sufficient, and users lack confidence. It will follow the trend of BTC in the future.
