From the perspective of currency circle experts: cautious bearish outlook, September is shrouded in gloom

Continuously releasing pessimistic signals, holding a comprehensive bearish attitude towards the market in September. Technically, Bitcoin (BTC) is deeply trapped in a daily level downward trend, short-term moving averages continue to suppress, and all key time frames are unfavorable. The capital side is also not optimistic. ETF giants such as BlackRock rarely sell, and funds are in a risk-averse mood. More importantly, the expectation of a rate cut in September has fermented ahead of time, and the market may have reacted in advance, and funds may withdraw in advance.

At the same time, market news is frequent: Telegram founder was released on bail, Nvidia's financial report was released, OpenSea received a regulatory warning, Ethereum Foundation dynamics, new currency DOGS mining, etc., although each has its own highlights, it is difficult to reverse the overall pessimistic expectations under the current macro background. Spot contract Junyang 👉38897601993

In terms of specific currency performance, BTC, ETH, and BNB all showed a downward trend, with declines of 2.7%, 3.31%, and 3.73% respectively, which shows the low market sentiment. In summary, investors need to remain cautious, pay close attention to market dynamics, and adjust strategies in a timely manner.