Overview of the current situation
Markets are showing mixed dynamics. Bitcoin, after yesterday's predictable movement, reached a local maximum, but is now consolidating. Stock indices are under pressure, especially against the backdrop of the historical seasonality of September.

Key factors
Bitcoin reached the upper limit of the range, which was indicated yesterday in the Review, set a local maximum above 59800 and has so far bounced back to the 59000-59200 area. These are the levels from which Bitcoin flew to 58000 on August 30, and then to 57000, where it spent the entire weekend. Given the fear in the market and the general expectation of a strong fall in the crypto market (because it's September), now everyone will start opening shorts, going to the BU, and those who bought at 58000-57000 will take profits.

Stock markets:
Stock markets opened with some negativity. Asian indices are falling, S&P 500 futures are also in the red, the dollar index is at its highest since August 20.
September is a historically weak month not only for crypto, but also for the US stock market. Especially considering that it has been growing almost without any pullbacks since October last year. In addition, after the rate cuts began, the markets usually fell for a short time (also historical data).

Altcoins:
FOOD FOR THOUGHT ON ALTAS.
There is such an indicator - TOTAL 3. This is the total capitalization of cryptocurrencies excluding Ethereum and Bitcoin.
Now it is 560 billion. For comparison - a year ago TOTAL 3 was 310-315 billion. That is, almost 2 times growth in a year. This concerns the capitalization of all altcoins (excluding Ethereum). 2 times growth in a year.

Technical analysis
Bitcoin is in a resistance zone where profit taking has been seen in the past. This could lead to a short-term correction.

Forecast
The priority option for today is Bitcoin in the range with the lower limit at 57500-57000 and the upper limit at 60000-60200

Recommendations
Bitcoin: Watch the support level 59000-59200. A break below this level could trigger a deeper correction.

Altcoins: High market cap growth over the past year increases the risk of correction. Caution is advised when investing in altcoins.

Stock Markets: Watch for macroeconomic data releases, especially Nonfarm Payrolls.

Conclusion
The current market situation is characterized by high uncertainty. Traders are advised to exercise caution and carefully analyze the situation before making decisions.

Additional comments
Fear Index: A low level of the fear index may indicate excessive investor optimism.

Dollar Index: A rise in the dollar index could put pressure on risk asset markets.

Seasonality: Historical seasonality is only one factor that influences the market. It should not be relied upon entirely when making investment decisions.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.