The September curse is here
Bitfinex data: BTC’s historical average return in September is -2.95%
The foreigners calling it “Rektember” isn’t without reason
BTC is hovering around 77k, caught between up and down
ETF flows have net outflows for two straight days—on 9/1, over 3,000 coins left; on 9/2, another 184
Institutions quietly dump their holdings
But don’t say that—the old-school meme coins are actually quietly climbing, fully moving opposite to the overall market
$BONK 24h+12% Solana’s dog-themed meme leader has been dormant for two weeks and is back to action
$SPX 24h+11% 7d+24% Winner on the weekly gainers list—a satire of the S&P’s memes; the worse the broader market gets, the happier it gets
$FARTCOIN 24h+6% 7d+31% Runner-up on the weekly gainers list—AI meme boss, Truth Terminal’s favorite son
Fear & Greed: 39—True fear
The US 10-year yield surged to 4.816%, the highest since the end of 2023
The US-Iran conflict has escalated again: on 9/2, the US bombed Iran; the Strait of Hormuz saw 86 ships reroute—oil prices are almost 92
Gold rebounds in a V-shape
But there’s one thing worth noting: Korea’s Bitcoin premium is 1%—the “kimchi premium” is back
Asian retail investors are quietly moving in
Tomorrow 9/4: US Nonfarm Payrolls. 9/16: the Fed FOMC meeting
Two major “bombs”—any one that goes off could trigger big volatility
When the old memes slowly climb, it’s suitable to scale in with a small position in batches
Don’t go all-in at once—historically, BTC in September has never done well
Bitfinex data: BTC’s historical average return in September is -2.95%
The foreigners calling it “Rektember” isn’t without reason
BTC is hovering around 77k, caught between up and down
ETF flows have net outflows for two straight days—on 9/1, over 3,000 coins left; on 9/2, another 184
Institutions quietly dump their holdings
But don’t say that—the old-school meme coins are actually quietly climbing, fully moving opposite to the overall market
$BONK 24h+12% Solana’s dog-themed meme leader has been dormant for two weeks and is back to action
$SPX 24h+11% 7d+24% Winner on the weekly gainers list—a satire of the S&P’s memes; the worse the broader market gets, the happier it gets
$FARTCOIN 24h+6% 7d+31% Runner-up on the weekly gainers list—AI meme boss, Truth Terminal’s favorite son
Fear & Greed: 39—True fear
The US 10-year yield surged to 4.816%, the highest since the end of 2023
The US-Iran conflict has escalated again: on 9/2, the US bombed Iran; the Strait of Hormuz saw 86 ships reroute—oil prices are almost 92
Gold rebounds in a V-shape
But there’s one thing worth noting: Korea’s Bitcoin premium is 1%—the “kimchi premium” is back
Asian retail investors are quietly moving in
Tomorrow 9/4: US Nonfarm Payrolls. 9/16: the Fed FOMC meeting
Two major “bombs”—any one that goes off could trigger big volatility
When the old memes slowly climb, it’s suitable to scale in with a small position in batches
Don’t go all-in at once—historically, BTC in September has never done well