September 21|Crypto Market Brief $BNB 🧧 🔥 BTC surges past $85K, the script suddenly flips BTC today is strong, breaking through $84K and pushing close to $85K at its peak; large-scale liquidation of short positions saw about $252M Shorts cleared in a single day. ETH has reclaimed $2.6K, SOL is back near $115, and the whole market has clearly entered a Risk-On mode. 📈 ETF demand shows signs of recovery Last Friday, U.S. spot BTC ETFs recorded a net inflow of about $433M in a single day, pulling weekly capital flows back toward positive territory. But this looks more like rapid fund re-entry rather than the start of a sustained new ETF wave. 🛢 Oil prices fall for the fourth straight day Brent slips to around $102; market concerns about inflation and further rate hikes are temporarily easing, and U.S. stock futures move higher in tandem. Risk-On returns to Crypto. ⚡ Solana keeps accelerating SOL’s target Slot Time drops from 300ms to 250ms, with ongoing improvements to network performance; SOL’s gains this week are already clearly outperforming BTC. ⚠️ MultiversX faces a security incident The EGLD mainnet is attempting to pause operations due to a VM-level atomicity vulnerability attack. The attacker’s account has been identified and frozen, and a recovery plan is being tested; Upbit has placed EGLD on its trading attention list. 📊 Market Snapshot BTC ≈ $85K ETH ≈ $2.67K SOL ≈ $115 Market Cap ≈ $2.9T BTC Dominance ≈ 56–57% 🎭 Today’s market feels like a play where the scene suddenly changes: $75K → $80K → $85K Bad news didn’t drag the market down— it turned into fuel for shorts to exit. In the next scene, the market will be watching to see whether BTC can truly hold above $85K. #1688家族family #蓝朋友1688俱乐部🌐 #crypto #defi #RWA赛道
September 21|Crypto Market Brief $BNB 🧧 🔥 BTC surges past $85K, the script suddenly flips BTC today is strong, breaking through $84K and pushing close to $85K at its peak; large-scale liquidation of short positions saw about $252M Shorts cleared in a single day. ETH has reclaimed $2.6K, SOL is back near $115, and the whole market has clearly entered a Risk-On mode. 📈 ETF demand shows signs of recovery Last Friday, U.S. spot BTC ETFs recorded a net inflow of about $433M in a single day, pulling weekly capital flows back toward positive territory. But this looks more like rapid fund re-entry rather than the start of a sustained new ETF wave. 🛢 Oil prices fall for the fourth straight day Brent slips to around $102; market concerns about inflation and further rate hikes are temporarily easing, and U.S. stock futures move higher in tandem. Risk-On returns to Crypto. ⚡ Solana keeps accelerating SOL’s target Slot Time drops from 300ms to 250ms, with ongoing improvements to network performance; SOL’s gains this week are already clearly outperforming BTC. ⚠️ MultiversX faces a security incident The EGLD mainnet is attempting to pause operations due to a VM-level atomicity vulnerability attack. The attacker’s account has been identified and frozen, and a recovery plan is being tested; Upbit has placed EGLD on its trading attention list. 📊 Market Snapshot BTC ≈ $85K ETH ≈ $2.67K SOL ≈ $115 Market Cap ≈ $2.9T BTC Dominance ≈ 56–57% 🎭 Today’s market feels like a play where the scene suddenly changes: $75K → $80K → $85K Bad news didn’t drag the market down— it turned into fuel for shorts to exit. In the next scene, the market will be watching to see whether BTC can truly hold above $85K. #1688家族family #蓝朋友1688俱乐部🌐 #crypto #defi #RWA赛道
$ZEC This move is basically burying the chasing buyers for good. Yesterday they were still pushing at 1595; today it’s been directly dumped back to 1450. In 24 hours it dropped more than 5 points, and the trading volume was 2.366 billion USD.
When many people see the 1-hour RSI dropping to 23—extremely oversold—they want to bottom-fish. I suggest you calm down first.
From the contract data, the open interest has been falling from a high of 1733M all the way down to about 997M—a clear reduction. This drop is purely profit-taking from the earlier rally being cashed out in a concentrated way. Leveraged longs were liquidated, which pushed the price down further. Now the funding rate is only 0.01%, nothing unusual. The basis is also basically stuck near zero—there’s no strong bullish sentiment and no extreme squeeze expectation. It’s simply realistic sell pressure driving the market.
Looking at the K-line, the 4-hour chart has already broken below the prior support. Above, the range from 1500 to 1550 is packed with trapped chips. Any short-term attempt to rebound upward will face heavy resistance. On the daily chart, the RSI is still in the 60s, but it’s already turning downward. Overall, the trend is clearly weakening.
Honestly, I’ve lost too many times in exactly this kind of market where price gets smashed straight down from a high. Every time I think, “It dropped so much—it should rebound, right?” then I rush in and get buried. So I’d rather watch it bounce and do nothing. With U in hand, I feel no panic. Wait until it has finished dropping what it needs to drop, and those who need to cut have cut—once the order book gets quiet and nobody’s chatting anymore, that’s when it’s time to move. If you jump in now, you’re just taking the bag for the people who ran earlier.
Where do you think ZEC will drop to this time? $ZEC #ZEC
Does this picture look like the crypto world? Paying a devastating price for that sweet temptation—so in the crypto world, the first thing to look at is safety, and only then profit. Making money isn’t easy. Without losing money, go and earn that reliable, secure kind of money 💰
When doing short-term trades, if you notice that the opening momentum in the opposite direction starts to weaken, you need to consider the possibility that the market may reverse, and adjust your position accordingly. After yesterday afternoon at 6:12, we first placed a sell order, and when we found that the strong support below was unable to break through, we notified the team to reduce position size. Although we later entered a sell again and cut the loss, around 8:00 in the evening the bullish momentum began to increase. So we immediately notified the members’ group to go long at the current price. It has now reached the third take-profit; after reducing the position, we moved the stop-loss up and held, achieving a 4x return. Let’s continue to look forward to how far the market can run! #比特币突破8万美元大关 #ETH🔥🔥🔥🔥🔥🔥
The second half of AI profit distribution: who’s winning, who’s still undecided, and who’s about to be disrupted
Now’s AI and tomorrow’s AI If we divide the AI industry chain into upstream equipment, midstream cloud providers, and large model companies, then the downstream is application companies. Currently, almost all the profits in the industry are concentrated in the upstream. For example, just Nvidia (NVDA.US) plus the four major storage manufacturers take nearly 70% of the industry’s profits. This kind of profit distribution shows the typical characteristics of the early stage of a new technology revolution. But let’s think: in the future, the charging entry points for the AI industry won’t be cloud providers or downstream application companies—so will profit distribution still look like this? Taking a mature internet industry as an example, the approximate proportions of economic profit distribution are:
Today’s Perspective: Has this Bitcoin rally really ended the bear market?
On September 21, ahead of the U.S. stock market open, Bitcoin suddenly gained momentum, jumping about 5% in nearly two hours—rising from $81,000 to break through $85,000. This breakout has come a bit abruptly, but in fact, there were already signs.
In recent weeks, many traders and analysts have reached a consensus: the crypto bear market is basically over.
- “First set 10 big targets” was said at the end of August and early September: once it holds above $80,000, it’s aiming at $100,000. Now that you’re on board, it’s not too late—$100,000 may even arrive earlier than expected. - Doctor Profit pointed out that BTC has broken above the 50-week moving average (around $78,700). If this week’s close can hold above it, it would basically confirm the start of a new bull cycle, with targets looking toward $88,000. - PlanB also confirmed that after BTC holds above the 50-week moving average, the next target is the 100-week moving average (around $89,000)—signaling an end to the bear market. - Jiang Zuoer is relatively cautious, believing it may first test the $83,000–$84,000 resistance zone before pulling back, but he’s not bearish—he says he will continue holding ETH. - Killa thinks this bear market has already turned less severe, and a bottom may have formed. A drop to $50,000 is unlikely. The next step, in his view, is $88,000.
My take is more direct:
Technically speaking, breaking through and holding above the 50-week moving average is indeed an important signal. Historically, this is often the key level where the medium-term trend turns bullish. With volume supporting the rally, it suggests money is genuinely flowing back in. After the short-term push to $85,000, the $88,000–$90,000 range will likely be the next clear resistance. A pullback is inevitable, but the depth is probably limited.
More importantly, it’s about sentiment and liquidity. Earlier, the market kept wrestling with the question of whether this was a “false breakout.” Now multiple voices are turning bullish at the same time, and the pressure on sidelined capital to chase will only grow. Of course, we’re not at a fully “irrationally euphoric” stage yet—talking about $100,000 is still a bit early—but in terms of direction, I’m inclined to believe the bear market has already passed and we’re entering a transitional phase of range-bound upside.
For my own trading: I won’t chase. I’ll wait for a pullback to key support before considering adding. Betting it all at once (all-in) is too risky—staging the entries is more prudent.
What do you think about this move? Is it confirming the start of a bull market, or is it another bull trap? Feel free to share your thoughts.
Today’s Perspective: Has this Bitcoin rally really ended the bear market?
On September 21, ahead of the U.S. stock market open, Bitcoin suddenly gained momentum, jumping about 5% in nearly two hours—rising from $81,000 to break through $85,000. This breakout has come a bit abruptly, but in fact, there were already signs.
In recent weeks, many traders and analysts have reached a consensus: the crypto bear market is basically over.
- “First set 10 big targets” was said at the end of August and early September: once it holds above $80,000, it’s aiming at $100,000. Now that you’re on board, it’s not too late—$100,000 may even arrive earlier than expected. - Doctor Profit pointed out that BTC has broken above the 50-week moving average (around $78,700). If this week’s close can hold above it, it would basically confirm the start of a new bull cycle, with targets looking toward $88,000. - PlanB also confirmed that after BTC holds above the 50-week moving average, the next target is the 100-week moving average (around $89,000)—signaling an end to the bear market. - Jiang Zuoer is relatively cautious, believing it may first test the $83,000–$84,000 resistance zone before pulling back, but he’s not bearish—he says he will continue holding ETH. - Killa thinks this bear market has already turned less severe, and a bottom may have formed. A drop to $50,000 is unlikely. The next step, in his view, is $88,000.
My take is more direct:
Technically speaking, breaking through and holding above the 50-week moving average is indeed an important signal. Historically, this is often the key level where the medium-term trend turns bullish. With volume supporting the rally, it suggests money is genuinely flowing back in. After the short-term push to $85,000, the $88,000–$90,000 range will likely be the next clear resistance. A pullback is inevitable, but the depth is probably limited.
More importantly, it’s about sentiment and liquidity. Earlier, the market kept wrestling with the question of whether this was a “false breakout.” Now multiple voices are turning bullish at the same time, and the pressure on sidelined capital to chase will only grow. Of course, we’re not at a fully “irrationally euphoric” stage yet—talking about $100,000 is still a bit early—but in terms of direction, I’m inclined to believe the bear market has already passed and we’re entering a transitional phase of range-bound upside.
For my own trading: I won’t chase. I’ll wait for a pullback to key support before considering adding. Betting it all at once (all-in) is too risky—staging the entries is more prudent.
What do you think about this move? Is it confirming the start of a bull market, or is it another bull trap? Feel free to share your thoughts.
$TRUMP In the 24th China-U.S. summit between the two heads of state, as the crypto boss, do you think the yellow-haired guy will cause trouble? Do more and it’s all good, brothers!
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