Analysis: Bitcoin closed September in the green with a +5.16% gain, while Ethereum slipped by -5.71%. Despite the mixed performance, both are still technically in a "red" month overall.
▪️ BTC saw a late dip in September due to U.S. government shutdown concerns ▪️ ETH remained mostly sideways, struggling to recover from earlier losses ▪️ Analysts suggest both are in a "passive phase," hinting at a potential breakout soon
This calm might just be the pause before a major move, history suggests that when BTC and ETH compress like this, a big breakout is on the horizon.
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Analysis: Bitcoin closed September in the green with a +5.16% gain, while Ethereum slipped by -5.71%. Despite the mixed performance, both are still technically in a "red" month overall.
▪️ BTC saw a late dip in September due to U.S. government shutdown concerns
▪️ ETH remained mostly sideways, struggling to recover from earlier losses
▪️ Analysts suggest both are in a "passive phase," hinting at a potential breakout soon
This calm might just be the pause before a major move, history suggests that when BTC and ETH compress like this, a big breakout is on the horizon.