There is some strong resistance at $60k, $55k should not be very hard at the very least.

Let the real dump begin

Trying not be overly bearish. $55555 might be the local bottom if we are not seeing $50k in the next 10 days. Donald Trump will have a debate with Kamala Harris on September 10th. He will also be sentenced on 18th, on the same day the Federal Reserve will lower interest rates.

When it rains it pours

https://x.com/TheCryptoNexus/status/1820349824023035952

Most altcoins are holding better than BTC. If the market is not as panic as last month, then they might not dip as low as last month. We will see a bounce during the weekend and probably a mini alt season in Q4.

https://gempad.app/presale/0x47BB954C109Cd67079A41C42c88f8A7a188D6f2a?network=Ethereum

The dev of $MSI is supporting this L2 blockchain project. The L2 mainnet will not launch until next year, therefore treat it as a memecoin for now. Also note that only 11% of the ETH raised will be added to LP, thus I am expecting some volatility on launch. It could pump hard if the dev uses the funds wisely. Do not ape your life savings. (Does it sound familiar?)

Dipped to 0.5x and reversed to 1.5x

https://www.dexview.com/eth/0x93c238D8932227fB6F5dFf99Af07133BD6F60A8d

@dogehousebot is now able to read stickers, gifs and videos. Try interacting with it using the /ai command.

The bounce has come, don't forget to take profit from your trades. $66666 will be a strong resistance.

BREAKING: Binance Founder CZ released from prison.

@WatcherGuru

As expected, BTC failed to break $66666, and I would not hesitate to sell above $60k.
The presidential election of the US is exactly 1 month away, investors will sell ahead of the uncertainty. The Chinese stock markets have drained liquidity from cryptos recently. October 7th is the anniversary of the terrorist attack on Israel and I expect some increased tension between Israel and Iran. The NFP data released today are exceptionally better than expected, which could slow down the rate cut in November. All these factors will hinder BTC from going higher this month.

https://www.worldlibertyfinancial.com/intl/token-sale

The Trump family is involved in the project World Liberty Financial and it is raising $1B with at least 12 months' vesting. I would not recommend aping the token sale.

https://docs.asymmetry.finance/

https://app.fjordfoundry.com/pools/0x338bc73B46aCB955ca7994FEcF8c5e0330Ee68d9

Bought a bag in the Asymmetry Finance presale. It is a governance token for a stable coin ($ASF can be used to decide boosted yield, revenue sharing, etc)

The presale is almost done. As opposed to other VC coins, there is no vesting for this sale while private rounds have vesting to make sure the community hold the ground floor. TGE is scheduled next month.

Obviously the market has priced in the possibility that Trump would won.

A couple of events worked miracles for Trump this month:
JD Vance did exceptionally well in the VP debate, Elon Musk went all out to support Trump. Kamala Harris and Obama made a few mistakes.

Trump is leading by a large margin on PolyMarket. But the situation would not be so optimistic next week and I still recommend de-risking before the election. Nevertheless, we might see a final pump if Trump wins.