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
Bitcoin is hovering around the $68,000 threshold, and the risk of further downside is increasing as whales sell and demand remains weak.
Gate News: Bitcoin’s price has fallen to around $68,000. It had repeatedly failed to break through the $70,000 level, and market momentum has clearly weakened. The current price is still within the $65,000 to $73,000 trading range, but the risk of testing the lower end of the range is rising.
GateNews19m ago
The SEC will roll out new rules to “regulate cryptocurrencies”: defining what counts as fundraising and what falls under securities; it has already been submitted to the White House
The U.S. Securities and Exchange Commission (SEC) is set to roll out new rules for “regulating cryptocurrencies” to完善 the crypto asset regulatory framework and clarify whether trading constitutes a security. The rule is based on the 1933 Securities Act and may affect compliance pathways for mainstream assets, aiming to balance protecting investors with encouraging innovation.
GateNews21m ago
Santiment Alert: BTC profit-loss ratio hits 2.95, the top signal is approaching
Based on Santiment data, Bitcoin’s profit-to-loss trade ratio has reached 2.95:1, nearing the historical alert level of 3.0, which may signal a short-term price top. A high profit-to-loss ratio also reflects optimistic market sentiment, but it can also build up selling pressure. Historical cases show that a profit-to-loss ratio near 3.0 does not necessarily lead to a pullback; the market needs to combine multiple indicators for a comprehensive analysis.
MarketWhisper36m ago
A whale moved 300 BTC to a certain CEX about half an hour ago, incurring a loss of roughly $8.82 million
Gate News message, April 7, according to crypto analyst Yu Jin, a whale address transferred 300 BTC into a certain CEX about half an hour ago, worth approximately $20.6 million. That address previously, from January to March last year, bought a total of 510 BTC through a certain CEX at an average price of about $98,190, for a total cost of approximately $50.07 million. The 300 BTC transferred out this time corresponds to realized losses of approximately $8.82 million.
GateNews36m ago
Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply
Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans.
_BTC/USD three-day price chart. Source: __TradingView_
Key takeaways:
Bitcoin has
Cointelegraph51m ago
Metaplanet 豪擲 4.05 億，超越 Strategy 奪 BTC 週買冠軍
Japan-listed company Metaplanet this week purchased 5,075 BTC for $405 million, becoming the world’s largest BTC buyer in a single week, surpassing Strategy’s $330 million. Metaplanet faces new JPX regulatory pressure, and the CEO said it will work with regulatory authorities. The total amount of BTC held by globally listed companies is 1,033,280 BTC.
MarketWhisper1h ago
