This is where I start to become interested into positions on $BTC
If this area at $78,000 doesn't hold at support, we'll be seeing a significantly deeper correction towards $74,000 as it will take out all the lows.
By the way, I stand by the fact that I think that the $74,000 area probably will be the low of this entire correction and that we're on route for bullish continuation after.
August CPI could be one of the key macro events for crypto this month.
Headline CPI MoM is expected at +0.3%, while Core CPI MoM is around +0.2%, with higher oil prices being a major factor.
With the FOMC meeting coming up, the September 11 data could give a better sense of inflation and rate expectations.
I’ll be watching BTC closely around the release to see how the market reacts.
Meanwhile KiiChain $KII is up 5.27% over the last 24h to around $0.0686, while Bitcoin remains mostly flat.
The move seems to be driven mainly by strong trading activity, with a 12.45 turnover ratio showing high liquidity and speculative interest.
The recent TRON ecosystem integration and broader rotation into altcoins also add to the positive narrative.
I’m watching $0.065 as key support. If $KII holds above it, $0.075 could come into focus. A break below could put $0.060 back on the table.
For now, I’m mainly watching whether volume can stay above $200M.
$BTC is still bullish on the daily chart but no longer ultra bullish aka overbought.
At the bottom, indicator showed oversold candles, RSI sell signal, and bullish divergence.
Now it's showing overbought candles, RSI sell signal and, bearish divergence.
Targets have been set.
Also 📊 August NFP came in much stronger than expected.
162K jobs vs 56K expected is a major upside surprise, and it’s already shifting the market’s view on rates.
The US dollar and Treasury yields are moving higher, while gold and tech are seeing some pressure.
I’m keeping an eye on USDOLLARINDEX on BingX to follow how the dollar reacts as the market digests the data. 👀
Meanwhile 🟢 Worldcoin $WLD is having an interesting move today.
$WLD is up 8.92% in 24h to $0.467, despite the broader market being under pressure. What caught my attention is how buyers absorbed a reported 69M WLD unlock, worth around $27.7M, without a major price breakdown.
The renewed interest in AI-related crypto projects, together with rising derivatives open interest, also seems to be supporting the move.
For me, $0.45 is the key level to watch. Holding above it could put $0.50 back in focus, while losing $0.41 could expose $0.39. The upcoming U.S. CPI report on September 12 could also have a big say in the next move.
BULK TRADE perp trading is now live for pre-depositers and inviters
But, yesterday we saw a very weird $BTC move on Bulk Trade
$BTC suddenly spiked up and then quickly returned back to normal. Not sure what exactly caused it, but it definitely looked unusual.
Since the platform is newly live, I’d keep the position size small for now. Better to test the platform first before going big.
Also 👀 Teller is catching my attention today.
$DEBIT is up 11.16% to $1.76 in the last 24H, while Bitcoin is slightly down. To me, this looks more like capital rotating into altcoins than a coin-specific catalyst.
I’m watching $1.65 as support. If the rotation continues, $2.00 could come into focus, but losing $1.50 would change the setup for me.
Just watching the momentum and letting the market confirm the move. 📊
Meanwhile 👀 Robinhood Chain is getting interesting.
The network reportedly hit $2.66M in app revenue and 5.52M transactions in 24H on Aug 30.
The growing memecoin activity is giving me some Solana vibes 😂, but it’s still way too early to compare them.
I’m watching the hottest Robinhood Chain memecoins on BingX.
#Bitcoin next big move may depend less on crypto and more on the U.S. economy.
$BTC is hovering around the $80K area, but rising expectations of a September Fed rate hike are putting pressure on risk assets.
Now, all eyes are on U.S. inflation data.
Cooler-than-expected inflation could reduce rate-hike expectations and give $BTC room to push higher.
Hotter inflation could strengthen the dollar, keep rates higher for longer, and trigger another Bitcoin pullback.
For now, Bitcoin is caught between strong institutional demand and a tougher macro environment.
The next CPI print could be a major catalyst.
Watch the macro. Watch $BTC
Also The crypto market is cooling off again
BTC briefly pushed above $80K and has now slipped back into the high-$70Ks. ETH is following with some weakness too.
I’m watching the charts on BingX, but I’m still undecided here.
Part of me says this could be the dip. Another part thinks we might see another 10–15% flush first. 😂
No need to predict it let’s see what the market gives us.
Who’s buying and who’s waiting?
Meanwhile 📈 $LINK is making a strong move today.
Chainlink is up 9.70% to $13.36, outperforming a mostly flat BTC. The move looks largely tied to renewed interest in its institutional adoption story, with the Bottomline partnership and Circle’s upcoming Arc launch on September 16 adding attention.
JUST IN: 4,000 Bitcoin worth $320 million withdrawn following Liquid Network hack.
The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.
Something of this nature with $XRP is less prone to happen and $XRP will be Fully Quantum Proofed in the near future ….