September Web3 Event Calendar

- On September 1, Russia began cross-border settlements of cryptocurrencies within an experimental legal framework
- On September 4, Polygon mainnet upgrade, MATIC tokens converted to POL
- September 18th, Token2049 opens
- On September 19, the Federal Reserve announced its interest rate decision and a summary of its economic outlook
- On September 29, CZ is expected to be released from prison

Although it is Monday, it is Labor Day in the United States, so the U.S. stock market is closed today, and the U.S. BTC spot ETF is also closed, so today's liquidity will continue to remain low. In fact, whether this is the most important test for U.S. investors can be seen tomorrow. Just look at the trading volume.

When liquidity is at a low point, price fluctuations may be greater, and the price after Tuesday’s opening may be the true price of BTC.

BTC

As the idea of ​​the daily report on August 31, the price has fallen below the lower edge of the small range of 57,600, and has now completed the hunt for the previous low point. There is a potential condition for a rebound at the moment, which is to pay attention to whether an M15 accumulation and buying structure is formed near 57,000. If accumulation occurs, there is a probability of rebounding into the range, with short-term pressure at 59,900-59,300. Otherwise, continue to wait for the accumulation and buying opportunity at 55,600-54,500!

ETH

The price has fallen below 2430 and tested the previous low. There is a potential rebound condition at present. That is, pay attention to whether an M15 accumulation buying structure is formed at 2400-2430. If it is accumulated, the rebound will first look at 2500-2516! Otherwise, continue to wait for the accumulation buying opportunity below 2370-2300!

SUN

130-125 is accurate! Under the premise that this position is effective, the rebound will first look at 136-134!

The information and data involved in this content are derived from publicly available materials, and we strive to be accurate and reliable, but we do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and you are solely responsible for investing based on it!