By Omkar Godbole (All Times et unless indicated otherwise)
In the last 24 hours, the encryption market has experienced remarkable weakness, consisting of the bass price of prices after options and resilience in the dollar index.
Bitcoin 2.6% fell to $ 112,700, while Ether (Eth) He slid more than 6%, show Coindesk data. The broad feeling of the market, seen in the Coindesk 20 index, fell almost 8% and the Coindesk 80 index lost 7.5%, which underlines generalized weakness.
USA. Crypto Equities also showed pressure in market prior to the market. Bitcoin investor strategy (Mstr) AND DIGITAL ASSET EXCHANGE GLOBAL COINBASE (COIN) Both lost 2.8%, while futures track the reference S&P 500 fell only 0.2%.
Some analysts frame the setback as a healthy correction that helps eliminate excessive leverage of the market and prepares the scenario for a more sustained advance. The slide has activated the liquidation of approximately $ 1.5 billion in leverage cryptographic positions.
Others are still more cautious.
“Total tickets are not strong enough to push Bitcoin materially higher,” Markus Thielen, the 10x Research founder, said in a client’s note.
Currently, cryptographic markets have attracted around $ 140.5 billion in tickets: $ 63.1 billion stablecoins, $ 52.4 billion in Bitcoin through ETF, future and microsthegias (Mstr)And $ 24.9 billion through Ether, said Thielen.
Recent ETF flows indicate a preference renewed by Bitcoin on ether. Only this month, the Bitcoin ETFs that are quoted in the United States have raised more than $ 3.48 billion, while ETFs from ETHER have obtained only $ 406.87 million, according to Sosovalue data.
Matrixport also observed that the demand for the Treasury Bonds of Digital Assets, recently led by Ethereum -centered companies, may be decreasing.
“In recent months, the main buyers have been Ethereum’s treasure companies, but with the net asset values ​​that are reduced, their ability to deploy additional capital can be limited. From a technical point of view, the strictest risk management is prudent,” said the firm.
Meanwhile, the fund of the Family Office of Arthur Hayes, Maelstrom, said an upcoming supply test for Hyperliquid token Hyperliquid of Decentralized Exchange. About 237.8 million exaggerated tokens have been unlocked to unlock for approximately 24 months, which represents an average monthly supply increase of almost $ 500 million.
According to reports, Hayes sold 96,600 bombs, for a value of $ 5.1 million, early Monday. The price of Token fell to almost $ 46, extending a three -day losing streak.
In traditional markets, Gold extended his rally, driven by tax concerns that increased the demand for assets for the shelter. The Yen exchanged little changed against the dollar after Yoshimasa Hayashi’s comments, one of the five candidates to replace the Japanese prime minister Shigeru ishiba, who attributed the weak and in inflationary pressures. Stay alert!
What to see
- Crypto
- September 22: Coinbase presents futures of Cryptoe Mag7 +Capital Index, a product that combines the main American technology actions with cryptocurrency ETF in a single futures contract.
- Macro
- September 22, 8:30 am: Canada August Ppi Yoy Est. N / A (Prev. 2.6%)Mom est. 0.9%.
- September 22, 12 in the afternoon: the speech of Governor Fed Stephen look at “appropriate non -monetary and monetary policy.”
- Earnings (Estimates based on data data)
Token events
- Government votes and calls
- Delysium to present your community government plan.
- Gnosis Dao is voting at a pilot growth fund of $ 40,000 using the conviction vote in the gardens to empower GNO holders and support small ecosystems initiatives directed by the community. The vote ends on September 23.
- Balance Dao is voting on a ecosystem roadmap and a financing plan until the second quarter of 2026. Establishes growth, income, innovation and governance objectives and requests $ 2.87 million in USDC and 166,250 BL to finance initiatives. The vote ends on September 23.
- You unlock
- Lanza Token
- September 22: 0g (0g) To list in Kraken, Lbank, Bitget and Bitrue.
Conferences
Token talk
By Oliver Knight
- Several Altcoins received two -digit movements to the disadvantage on Monday, with the tastes of Pump, Ray, CRV and TIA sliding to the lowest in more than a month.
- The liquidation worsened in a liquidation waterfall of $ 1.6 billion, with $ 500 million in ether (Eth) commercial couples, according to Coinglass.
- Financing rates for Ether turned negative, which means that short merchants are paying to maintain their position, demonstrating a change in the feeling after the ETH rally of $ 2,400 at the beginning of July to $ 4,831 at the end of August.
- It is worth noting that cryptographic specialties such as BTC, ETH and Sol are now at respective support levels and, as the feeling turned, a recovery could be organized so that merchants are too aggressive in short positions.
- The average relative force index of Token crypto (RSI) It is also at 28.4 of 100, indicating strongly overendary conditions that will probably lead to a relief rally, unless ETH and BTC break their support levels.
Derivative positioning
- The 20 main tokens, except BTC and Hype, have seen two -digit decreases in the open interest of the futures as price drops shake overlapping bets.
- The shorts seem to intervene through USDT futures that are quoted in Binance, since OI has increased to 276k BTC of 270K along with financing rates close to zero in the last two hours.
- TRX, ADA, Link, Ton, Ton, Uni and Futures of 1000Shib that are quoted in Binance are remarkably negative, indicating a bias for low and short positions. Financing rates for other specialties, including BTC, are flatly positive.
- BTC Front-Month futures at the CME are still negotiated with a premium of approximately $ 100 at the spot price. Merchants must take into account a potential change in discount for signs of strengthening sales pressure.
- In Delibit, premiums in relation to calls have shot themselves, since the price falls the demand for downward protection.
- The feeling in the XRP and Sol options has also turned, aligning with the BTC and ETH markets.
Market movements
- BTC has dropped 2.6% of the 4 pm et on Friday to $ 112,403.60 (24 hours: -2.61%)
- ETH has dropped 6.7% to $ 4,162.70 (24 hours: -6.7%)
- COINDESK 20 has dropped 5.93% to 4,015.36 (24 hours: -5.93%)
- The reference rate composed of CESR Ether CESR has dropped from 5 bp to 2.8%
- BTC’s financing rate is 0.0002% (0.2606% annualized) In Binance
- DXY has dropped 0.12% to 97.53
- Gold futures rose 1.4% to $ 3,757.50
- Silver futures rose 2.32% to $ 43.95
- Nikkei 225 closed 0.99% to 45,493.66
- Hang Seng closed 0.76% to 26,344.14
- Ftse has not changed to 9,208.44
- Euro Stoxx 50 has dropped 0.47% to 5,432.61
- Djia closed 0.37% to 46,315.27
- S&P 500 closed 0.49% to 6,664.36
- The Nasdaq compound closed 0.72% to 22,631.48
- The S&P/TSX compound closed 1.07% to 29,768.36
- S&P 40 Latin America closed 0.18% to 2,911.26
- The 10 -year Treasury rate of US has dropped 1.2 bp by 4,127%
- E-mini s & p 500 futures have dropped 0.3% to 6,702.00
- E-mini nasdaq-100 futures have dropped 0.36% to 24,776.25
- The average industrial e-mini jones index has dropped 0.33% to 46,496.00
Bitcoin statistics
- BTC domain: 58.61% (+1.11%)
- Ether-bitcoin ratio: 0.03699 (-4.1%)
- CONEHRATE (seven -day mobile): 1,079 eh/s
- Vegetable patch (place): $ 50.10
- Total rates: 3 BTC / $ 347,276
- CME Futures Open Interest: 145,845 BTC
- BTC with a gold price: 30.1 Oz.
- BTC vs Gold Market Cap: 8.59%
Technical analysis
- The relationship between Bitcoin and Gold dollar prices has fallen to 30.25 in TrainingView, the lowest since June 23.
- The decline perforated the support in 30.57, the minimum of September 9, and now it seems that it will prove the minimum of June 24, 29.44.
- In other words, Gold’s superior performance seems to continue.
Cryptographic equities
- Global coinbase (COIN): Closed Friday at $ 342.46 (-0.2%)-3.59% at $ 330.18
- Circle (CRCL): closed at $ 144.14 (+2.65%)-4.18% at $ 138.11
- Galaxy Digital (GLXY): closed at $ 32.87 (-0.63%)-5.45% at $ 31.08
- Bullish (BLsh): closed at $ 69.18 (+5.44%)-4.76% at $ 65.89
- Mara Holdings (Mara): closed at $ 18.29 (-1.14%)-4.21% at $ 17.52
- Riot platforms (RIOT): closed at $ 17.46 (-0.29%)-3.21% at $ 16.90
- Core scientist (Corz): closed at $ 16.62 (-0.78%)-2.71% at $ 16.17
- Clean park (CLSK): closed at $ 13.62 (+1.19%)-4.99% at $ 12.94
- Coinshares Valkcoin Bitcoin Miners ETF (Wgmi): closed at $ 41.56 (+1.12%)
- Exodus movement (Exod): closed at $ 29.18 (-0.27%)
Crypto Treasury Companies
- Strategy (Mstr): closed at $ 344.75 (-1.25%)-3.3% at $ 333.39
- Semler Scientific (SMLR): closed at $ 29.18 (-1.05%)-2.5% at $ 28.45
- Sharplink Gaming (Sbet): closed at $ 17.33 (+0.64%)-6.58% at $ 16.19
- UPEXI (UPXI): closed at $ 6.58 (-3.52%)-7.29% at $ 6.10
- Lite strategy (LITS): closed at $ 2.80 (+3.32%)-3.57% at $ 2.70
ETF flows
Spot BTC ETFS
- Daily net flows: $ 222.6 million
- Cumulative net flows: $ 57.68 billion
- Total BTC holdings ~ 1.32 million
Spot Eth Ethfs
- Daily net flows: $ 47.8 million
- Cumulative net flows: $ 13.94 billion
- Total eth holdings ~ 6.67 million
Source: Farside Investors
While you sleep
- Ether, Dogecoin Lead $ 1.5b Wipeout settlement as Bitcoin slides below $ 112k (Cindenesk): More than 407,000 merchants were settled for a 24 -hour period, as shown in the coinglase data, the largest amount in recent months, against a very uncertain macro fall.
- Bitcoin yearns the 20%Bitfinex jump, prices fall below the average of 100 days (Cindenesk): Bitfinex Longs rose 20% to more than 52,000 positions, even when Bitcoin fell below its average of 100 days of $ 113,283, a pattern that has often foreshadowed the decrease.
- United Kingdom surveillance ratio accelerates cryptographic approvals in response to critics (Financial Times): The FCA has shortened the time approval times just over five months and has raised its 45%acceptance rate, since it prepares to launch a complete regulatory framework in 2026.
- Gold hits a new record while merchants await rhythm of the US tariff rhythm. (Bloomberg): Gold’s record execution is being promoted by the expectations of fed tariffs, geopolitical tensions, inflation concerns driven by the rate and the continuous purchase of Central Bank.
- Metaplenet becomes the fifth head of Bitcoin in the largest list with $ 632m BTC BUY (Cindenesk): The last purchase of the Japanese firm, at a cost of $ 116,724 per Bitcoin, has its total possession at 25,555 BTC valued at approximately $ 2.70 billion.
