Not a good time to chase longs here. The momentum is weak.
I'm looking for scalp shorts — entry from CMP up to $77,200
Targets: TP1: $75,850 TP2: $75,050 TP3: $74,200
The $75.0K - $75.3K zone is key, liquidity heatmap shows heavy concentration there, so expect a reaction.
Major support sits at $73K and $71K. Spot buyers can start placing bids there. Aggressive buyers can also accumulate around $75K — for mid-term, that's still a solid price.
As mentioned before, after Sep 15 we are in a 2-week pullback phase. After Sep 30, I'm expecting a good pump till late December.
You can apply same short setup on $SOL / $BTC / $XRP
1. US demand drying up - Coinbase Premium just hit monthly low after Senate killed CLARITY Act. Means US buyers paying less than global price, traders sending BTC to exchanges at a loss cf43
2. ETF bleeding - Bitcoin ETFs saw $450M outflow on Sep 16 — biggest since June. Fidelity + BlackRock leading the selling - That's on top of $334M outflow previous week. Glassnode says Realized Cap had first outflow in 28 days cf43
3. Why the drop this week: - BTC opened Wednesday at $75,586, down 3.3% from Tuesday, low of $75.6K — September low as global bonds hit multi-decade highs with 10Y yield near 4.95% - Two triggers: CLARITY Act failure + Fed hawkish hike 25bps to 3.75%-4% today. Market now pricing another hike this year 40dacf43
4. Still some buying: - Strive added 469 BTC to reach 25,000 BTC treasury, funded via preferred stock - Short-term holders still in profit for 30-day streak, CryptoQuant says bull-market odds improving - On-chain: exchange balances still declining — people withdrawing, not depositing to sell
What to watch now: Fed forward guidance matters more than the hike itself — if USD + Treasury yields keep rising, stablecoin liquidity tightens and leverage gets expensive = more volatility. Support $75,233, then $73,695. Resistance $76,700 True Mean, then $82,850
1. Pricing power signal — Nebius hikes GPU rental prices Neocloud Nebius (NBIS) said today it will hike on-demand rates for $NVDA.US $ H100, H200, B200, B300 from Oct 1 by 17-21%, plus CPU +25% and memory +41% — second hike in 3 months. Rival CoreWeave also said it's signing contracts at higher prices. Market reads this as demand outstripping supply for Nvidia chips, especially since old-gen prices normally decay when new gen ships, but here even old + new are going up 43a719ea
*2. Anthropic IPO anchor — up to $10B* Reuters — Nvidia in talks to anchor Anthropic's IPO with up to $10B, at $2T valuation, $100B raise — would be largest IPO ever. This is on top of the $10B Nvidia already committed in Nov 2025 as part of the Microsoft-Azure $30B deal. Neither company confirmed yet.
3. Enterprise AR deal Snap announced partnership yesterday — Nvidia will power AI for its new $2,195 Specs AR glasses, interpreting worker's visual environment and retrieving company data alongside Salesforce Agentforce and AWS.
4. CEO doubles down Jensen Huang today: Nvidia to sell twice as many chips next year as this year, says AI safety is paramount. Follows Q2 FY27 blowout: Revenue $96.2B +106% YoY, Data Center $89B +117% YoY, gross margin 75% 0a1c
Stock context: Opened today at $213.90, near 12-month peak $236.54, only +1.5% last quarter despite beat. UBS says mispriced — sees 86% cash flow return on investment, Buy rating avg target $324.34, with $80B buyback authorized and $99B remaining from last authorization 4822
$BTC holding steady today after a volatile 48 hours — here's what's moving it on Sep 17:
Price right now - Around *$76,200 - $76,900*, up ∼0.5-1% today. It slipped below $76.7K yesterday and is now trying to reclaim it 9ac44d89
*Why it dipped:* 1. *Fed hike:* Fed raised rates 25bps to 3.75%-4% yesterday, first hike since July 2023. It was 92% priced in, but Chair Kevin Warsh sounded hawkish about another hike this year, which hit risk assets initially then stocks/btc bounced back
2. *CLARITY Act failed:* US Senate failed to advance the big crypto regulatory bill (CLARITY Act) on Tuesday. $BTC fell ∼4% to $75,908 after that vote, and Coinbase/Circle stocks down ∼9%
3. *Weak inflows - Glassnode:* $BTC slipped 1% below its True Market Mean at $76,700, which is the average price paid by active investors. Realized Cap saw its first outflow in 28 days on Tuesday, ETFs saw $334M net outflows Sep 8-14, and corporate treasuries bought just 5.9K BTC in 3 months vs 89K in July 2025 alone. Their avg cost basis is ∼$80.5K, so they're underwater d40773adc7fa9ac43b7c
*Technical picture:* - Still above 50/100/200-day EMAs around $73.6K / $71.4K / $73.2K. Immediate support at $75,233, resistance at $82,850 trendline - Momentum neutral, RSI near 50, while privacy coins ZEC and DASH rallied double-digits as top performers today e09b
Total crypto market cap is back to ∼$2.6T, +0.92% in 24h, with ETH ∼$2,431 +1.69% d407
If you're trading: watch if BTC can close back above $76.7K True Mean — Glassnode says a return to positive Realized Cap would mean buyers are back, continued outflows under the mean means range buyers giving up
$BTC nice market place ing a 1.95% increase in the last 24 hours. The market capitalization of Bitcoin is $2.13 trillion, with a 24-hour trading volume of $22.23 billion, according to CoinGecko. The circulating supply of BTC is 20 million, according to TradingView. Bitcoin is a cryptocurrency designed to act as money and a form of payment outside of centralized control.
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