{"10937c9ae11ec37726fc7cb1b2d87b3a":"September once again catches up with the crypto market. After a promising start, the trend reversed with a brutality that hits the main capitalizations. Bitcoin, Ethereum, and Dogecoin show a sharp decline, exposing a marked exhaustion of the bullish momentum. As every year at the same time, the specter of a \u201cRed September\u201d reappears, fueled by weakened technical signals and a sharply declining market sentiment. Once again, the scenario of a red month seems to be drawing with insistence.","c26ad02030b5b24fbb5a60b2e00350e7":" In brief","99b7f42256a80445e677847a73a7def3":" September is living up to its bearish reputation, with a sharp reversal across major crypto assets.","c61cd2c4583f45ba1c632b7a47270ee5":" Bitcoin has dropped below $113,000, threatening a key psychological support and reviving fears of another \u201cRed September.\u201d","2595f54a8fce9a681ba5740e408407bf":" Technical indicators \u2014 RSI, ADX, moving averages \u2014 all point to a significant weakening of the bullish trend.","83d06cfff62be2a723523b3c435488fc":" A deeper correction remains on the table if key support levels fail in the coming days.","7ab686f39b40c6ffe9ed01cbb8faca8b":"Technical indicators of growing bearish pressure","50f32299100c9671fdb7ff34f89cae9b":"This Monday, Bitcoin closed the session at $112,769, down 2.19 % on the day, after briefly plunging to $111,986 following massive liquidations. This decline brings the crypto closer to the monthly red zone : a drop of only 4 % more would put September in the red, thus reviving a seasonal dynamic well known to investors.","bc1645e6fb4973a52a00c2862e66009c":"Indeed, September is historically the worst month of the year for the market. The entire crypto market has not been spared. Total capitalization has lost 3.8 %, dropping below the $4 trillion mark. Meanwhile, traditional markets are holding up : the S&P 500 rises by 0.5 %, reaching 6,690 points, confirming a marked decoupling from cryptos.","0dc5e7d2be5bf93796063c82e8ec7990":"Technical data reflect a clear exhaustion of the bullish momentum. Several major indicators reveal the following information :","9bfa25cf87c16b91f57461ddad7e5ce1":" The RSI (Relative Strength Index) : at 44, it indicates a weakening momentum, as sellers dominate as long as the indicator stays below 50 ;","d1d56f5aa0de15e30b341e849d363af5":" The ADX (Average Directional Index) : at 17, it signals the absence of a clear trend ;","2339cf5e4a0244a19f46046a94d50d92":" The exponential moving averages (EMA) : The technical structure theoretically remains bullish (EMA50 > EMA200), but the current price is below the EMA50, which is unfavorable for buyers ;","545d8d73f1e2c4ff46c1db5185022266":" The Squeeze Momentum Indicator : reflects a consolidation phase without clear direction, often a precursor to sudden movements to come.","fe2e90bc99894c603008d4e056fad6dc":"In the very short term, several key technical levels deserve particular attention : a first support is at $111,000, corresponding to the day\u2019s low, while the true floor lies at $108,500. On the resistance side, the levels to break are $115,000 for an immediate rebound, and $118,000 to hope for a more structural reversal.","0b276263e73e5fbd035417dc8c2794da":"These signals confirm the loss of initiative by buyers, in a market environment where the absence of clear direction could lead to a sharp increase in volatility.","3cd8bb8cff72aa9e33bcc9a815bd33cd":"Start your crypto adventure safely with Coinhouse This link uses an affiliate program.","f05f90ed6ee56aa37a7a15e123ab08b3":"A fractured Bitcoin market : investor sentiment in full divergence","b632a0d671d8fb79eb58062f6d5d166f":"Beyond the technical signals, it is also the analysis of market sentiment that completes the current picture. The Crypto Fear & Greed Index shows a score of 45, the lowest score recorded since the beginning of the month.","8c4cecf0b4663f016424ab08e06bb454":"Although this level remains in the neutral zone, it reveals a gradual shift towards caution, even worry. This growing gap between technical analysis and market sentiment is striking. Investors are still betting on a rebound, but on-chain data and the recent behavior of Bitcoin prices depict a very different scenario.","d96c612b526ca37d101b2a490c5b5f88":"The comparison with traditional markets accentuates this contrast. The S&P 500 index is currently near its all-time highs, while cryptos are falling. This decoupling phenomenon may reflect a repositioning of capital, or a return of risk aversion towards more volatile assets like cryptos.","0d18000e61aafa5cc4bb59f69b91b308":"In the short term, the market remains deeply fractured, between bearish signals on one side and hopes for a rebound on the other. If the $112,000 support were to break decisively, a correction towards $108,500 or $105,000 could quickly begin. In the medium term, everything will depend on Bitcoin\u2019s ability to maintain its bullish structure on moving averages, and above all, on the market\u2019s reaction to a possible breach of the support."}