On September 12, the Crypto Assets market continued its volatile pattern. Bitcoin (BTC) held steady at the $115,000 level, while Ethereum (ETH) experienced a short-term pullback of over 4%, but long-term capital is still actively positioning. At the same time, the three major altcoins HEGIC, SWTCH, and DEEPLINK saw daily gains of over 22%, becoming the focus of market capital.
Core Market Performance
Bitcoin (BTC)
Current price: 115,642.4 USD
24h pump: +0.14%
Support Level: $113,378.6
Resistance level: 116,300.8 USD
The amount of coins held by institutions has突破 1 million, indicating sufficient confidence from long-term funds. The short-term is still in a pullback consolidation phase, and attention needs to be paid to whether the support at $113,378 is solid.
Ethereum (ETH)
Current price: 4,516.89 USD
24h drop: -4%+
Support level: $4,354.69
Resistance level: 4,538.65 USD
Although short-term pressure exists, institutions plan to make large-scale purchases in the pullback range, and the long-term outlook remains optimistic.
alts Highlights
HEGIC
Price: 0.045847 USD
Price Increase: +22.48%
Support level: 0.035 USD
Resistance level: $0.054321
Strong demand, there may be a pullback consolidation risk in the short term.
SWTCH
Price: $0.10817
Price change: +22.11%
Support level: $0.0833
Resistance level: 0.14261 USD
Trading activity has significantly increased, and capital inflow is evident.
DEEPLINK
Price: 0.00003421 USD
Price Change: +22%
Support level: 0.00001299 USD
Resistance level: 0.00004655 USD
Market attention is rising, but volatility is extremely high, suitable for short-term traders to focus on.
Technical Signals and Liquidity Assessment
Fear and Greed Index: 57 (Greed), investor sentiment is optimistic.
Trading Volume: BTC 24h trading amount 1.41 billion USD, ETH 1.48 billion USD, market depth is healthy.
Arbitrage opportunity: The price difference of mainstream coins is limited, while altcoins present short-term arbitrage opportunities due to high volatility.
Momentum indicators: BTC and ETH are both in a consolidation phase, altcoins show strong momentum but carry high risks.
Investment Strategy Suggestions
short-term (1-4 weeks)
Entry timing: ETH pullback to around 4,354 USD can be gradually positioned; consider entering when BTC approaches the support at 113,378 USD.
Take Profit and Stop Loss: ETH stop loss below $4,300, take profit at $4,800; BTC stop loss below $112,000, take profit at $118,000.
Position suggestion: Allocate 20%-30% to mainstream coins, and the rest can participate in alts short-term in small proportions.
Risk level: moderately high, need to pay attention to macro policies and regulatory dynamics.
Medium-term (1-6 months)
Trend Judgment: The consolidation pattern may continue, with institutional funds continuously flowing in as a long-term positive.
Asset allocation: 60% BTC + 40% ETH, balancing stability and growth.
Key Events: Regulatory policies implemented, large treasury plans initiated.
Scenario response: Add positions in a bull market, remain cautious in neutral or bear markets and reduce positions in a timely manner.
Conclusion
The market performance on September 12 shows that while mainstream coins experienced fluctuations, the capital situation remained stable, and altcoins attracted a large amount of speculative funds in the short term. For investors, controlling positions, gradually allocating investments, and adjusting strategies based on macro and technical signals will be the core survival rule under the current market conditions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
10x Research: Circle's stock price has increased over 80% in three weeks. Recommended to watch for crypto stock short positions to find trading opportunities.
On March 10th, 10x Research analysis pointed out that Circle's stock price has risen over 80% since February 20th before the earnings report. Some hedge funds have reduced their positions but still incurred approximately $1 billion in losses. The research recommends investors pay attention to short positions in crypto stocks to identify potential trading opportunities, as short covering has significantly driven the rise of crypto stocks.
GateNews3m ago
Beware of crypto scams: Political organizations report impersonators soliciting Bitcoin and Ethereum donations related to Iran issues
The Russian "All-Russian People's Front" warns that scammers are forging donation documents to induce supporters of Iran to donate cryptocurrencies, claiming that the funds will be used to aid Ukrainian soldiers. The organization reiterates that all crypto fundraising activities in its name are scams, and legitimate donations can only be made through official website bank transfers. Meanwhile, Russian security agencies are stepping up efforts to combat related criminal activities. Cryptocurrencies are becoming increasingly important in the political and military funding flows in the Middle East, posing new security challenges for users.
GateNews5m ago
Bhutan Moves $11.8M in BTC From National Reserves: Arkham
Bhutan’s sovereign investment arm quietly adjusted its Bitcoin reserve on Monday, moving a block of 175 BTC from the kingdom’s primary holding wallet to a newly created address. The transaction, valued at around $11.85 million at the time, arrived as cryptocurrency markets posted modest gains,
CryptoBreaking14m ago
Bitcoin bottom signals reappear? Analysts say "simple mathematical model" may indicate key support for a new cycle
Recently, crypto analyst Chetan Gurjar reviewed the analytical framework that successfully identified the 2022 bear market bottom, emphasizing Bitcoin's response within the long-term structure. He believes that if it breaks through the current resistance zone, it could form a new cycle bottom and influence future trends.
GateNews21m ago
Why does Bitcoin remain steady at $70,000 despite soaring oil prices and the clouds of war? Institutional and whale funds are the key support
As the Iran situation escalates and oil prices rise, global stock markets come under pressure, but Bitcoin defies the trend with an approximately 4% increase, reaching $70,000. Large institutions continue to buy through OTC trading, with over $700 million in funds flowing into Bitcoin-related ETFs, supporting market sentiment. Major holders slightly increase their holdings, indicating institutional and corporate optimism about Bitcoin, becoming an important force in its price stability.
GateNews30m ago
