BiyaPay Analyst: BTC has only seen two uptrends in September amidst multiple downtrends over the years, making it one of the worst-performing months for BTC.

By: theblockbeats.news|2025/08/26 19:32:11

0

Share

copy

BlockBeats News, on August 26, CoinGlass data shows that September has historically been one of the worst-performing months for Bitcoin and Ethereum, based on historical performance from 2017 to 2024:

· Bitcoin (BTC) has seen a decline in most years in September, with only 2023 (+3.91%) and 2024 (+7.29%) showing gains.

· Ethereum (ETH) has experienced even more significant drops in September, for example, in 2017 (–21.65%), 2020 (–17.08%), and 2022 (–14.49%), all significantly underperforming compared to BTC.

· Only in 2019 (ETH +5.72% vs BTC –13.38%), 2023, and 2024 has ETH outperformed BTC.

This pattern has been reflected in all previous bull market cycles. In 2013, 2017, and 2021, after a summer rebound, Bitcoin has experienced a significant pullback in September.

From a technical analysis perspective, on August 26, Bitcoin tested the key support of the 6-month MA line at $109,000 in the early morning, but did not see a significant rebound. A clear "Three Black Crows" bearish pattern has formed on the daily chart, indicating a continued short-term weakness, with a potential further dip to the $107,000–$108,000 range. If the market does not see a strong rebound or a "hammer bottom" pattern, the conditions for a short-term long position are still not sufficient, and the bearish risk should be noted.

Against this backdrop, as market volatility intensifies, investors need to focus on risk management. The BiyaPay multi-asset trading wallet will continue to provide you with one-stop services such as global remittance, cryptocurrency trading, and US / Hong Kong stock investment, helping you flexibly allocate funds in volatile markets and seize investment opportunities.

You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

Popular coins

Latest Crypto News

21:43

Ministry of Foreign Affairs of China: Chinese citizens are advised not to travel to areas surrounding Iran at this time

According to Jinshi citing Xinhua News Agency, the United States and Israel have launched military actions against Iran, and the Iranian military has struck U.S. military bases in the Middle East. Some neighboring countries of Iran have closed their airspace, and international flights have been susp...

21:43

Data: The current whale position on the Hyperliquid platform is $2.936 billion, with a long-short ratio of 0.97

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $2.936 billion, with long positions of $1.448 billion, accounting for 49.3% of the holdings, and short positions of $1.489 billion, accounting for 50.7%. The profit and loss for long positions is -$116 mill...

21:43

Former Credit Suisse CIO: Tokenized gold assumes "almost 100% price discovery" during CME market closure over the weekend

According to Cointelegraph, former Credit Suisse Chief Investment Officer Iggy Ioppe stated that during the period when CME Group's gold futures closed on Friday at 5:00 PM (Eastern Time) and reopened on Sunday at 6:00 PM, nearly all publicly visible gold price formation occurred in the on-chain mar...

21:43

If Bitcoin falls below $65,000, the cumulative long liquidation intensity on major CEXs will reach $736 million

According to Coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation intensity on major CEXs will reach $736 million. Conversely, if Bitcoin breaks above $68,000, the cumulative short liquidation intensity on major CEXs will reach $512 million.Note: The liquidation chart does...

21:43

Analysis: The market value of Bitcoin assets dropped to approximately $545 million before the SpaceX IPO, and may face pressure for disclosure of gains and losses thereafter

According to CoinDesk, on-chain data platform Arkham Intelligence shows that SpaceX currently holds approximately 8,285 bitcoins in its Coinbase Prime custody account, valued at about $545 million at the latest prices, down about $235 million from an estimated $780 million three months ago. During t...