Monat: September 2026

Key takeaways

• ETH traded near 0.03167 BTC as its performance against Bitcoin weakened.
• A potential double top has formed with two peaks around 0.03344 BTC.
• A close below the 0.03078 BTC neckline could trigger a 10% decline toward 0.0283 BTC.

Ethereum is showing signs of further underperformance against Bitcoin as a potential double-top pattern develops on the ETH/BTC daily chart.

Ether traded near 0.03167 BTC on September 16 after failing to sustain its latest advance. Weakening momentum, growing regulatory uncertainty, and a sharp increase in ETH deposits to Binance support a cautious near-term outlook.

A confirmed breakdown below 0.03078 BTC could send the pair approximately 10% lower toward 0.0283 BTC.

ETH/BTC double top signals potential decline

The ETH/BTC chart has formed two comparable peaks near 0.03344 BTC, with the first appearing in August and the second in September.

This structure resembles a double top, a bearish reversal pattern that develops when buyers repeatedly fail to break through the same resistance level.

The pattern’s neckline sits near 0.03078 BTC. Ethereum would need to record a decisive daily close below this level to confirm the bearish setup.

Subtracting the pattern’s height from the neckline produces a downside target around 0.0283 BTC. Reaching that level would represent an approximately 10% decline from Ether’s current value against Bitcoin.

Ethereum momentum weakens

The ETH/BTC Relative Strength Index has fallen toward 50 after previously moving above the overbought threshold of 70.

Although the RSI remains slightly above neutral, its retreat indicates that the momentum supporting Ethereum’s August-to-September recovery is fading.

Ether is still holding marginally above its 20-day exponential moving average at approximately 0.03162 BTC. A strong rebound from this moving average could delay or prevent the bearish breakdown.

A sustained move above the two peaks at 0.03344 BTC would invalidate the double-top scenario and restore a more bullish relative outlook for ETH.

The bearish technical setup emerged as the US Senate failed to advance the Digital Asset Market Clarity Act on September 15.

The procedural vote received 50 votes in favor and 49 against but fell short of the 60 votes required to move the legislation forward. A procedural vote change by Senator Thom Tillis preserves the possibility of reconsidering the measure.

The setback triggered a wider cryptocurrency sell-off. Bitcoin declined approximately 4% to around $75,900, while shares of major crypto companies, including Coinbase and Circle, also fell.

Regulatory uncertainty can encourage traders to favor Bitcoin over more risk-sensitive assets such as Ethereum. This could increase pressure on the ETH/BTC pair and bring the 0.03078 BTC neckline back into focus.

Binance receives 709,400 ETH in one day

Ethereum deposits to Binance have also increased sharply, creating another potential source of selling pressure.

Approximately 709,400 ETH moved onto the exchange on September 11, marking the highest daily inflow since June, according to CryptoQuant. Several recent sessions also recorded inflows exceeding 500,000 ETH, considerably above typical July and August levels.

Rising exchange inflows increase the amount of ETH immediately available for trading. Although transfers to exchanges do not necessarily mean holders intend to sell, unusually large deposits can precede higher market supply and increased volatility.

The elevated inflows reinforce the cautious outlook created by Ethereum’s weakening relative momentum and the CLARITY Act setback.

ETH/BTC bulls must defend 0.03078

The bearish scenario depends on ETH/BTC closing decisively below the 0.03078 BTC neckline. Confirmation could open the path toward the measured target of 0.0283 BTC.

However, support from the 20-day EMA near 0.03162 BTC could allow Ether to rebound. A break above 0.03344 BTC would invalidate the double top and signal renewed Ethereum strength against Bitcoin.

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Key takeaways

• Bitcoin traded near $75,950 after falling more than 1% on Tuesday.
• Ethereum and XRP declined more than 4% and 9%, respectively.
• BTC remains above its 50-day, 100-day, and 200-day EMAs.

Bitcoin (BTC) traded near $75,950 on Wednesday after declining more than 3% during the previous session as the CLARITY Act failed to advance in the US Senate.

Ethereum and XRP suffered steeper losses, falling more than 4% and 9%, respectively. Despite the market-wide pullback, Bitcoin remains above its major exponential moving averages, preserving its broader bullish structure.

Traders now await the Federal Reserve’s interest-rate decision and Chair Kevin Warsh’s forward guidance, which could determine the cryptocurrency market’s next major move.

CLARITY Act failure pressures crypto prices

The cryptocurrency market weakened on Tuesday after the CLARITY Act failed to secure sufficient support to advance in the Senate.

The setback reduced expectations that Congress would soon establish a comprehensive regulatory framework for the US digital-asset market. Bitcoin fell more than 3%, while greater selling pressure across altcoins pushed Ethereum and XRP sharply lower.

Prices stabilized on Wednesday, but uncertainty surrounding US monetary policy kept buyers cautious.

The Federal Reserve’s rate decision and subsequent guidance could influence liquidity expectations, Treasury yields, and demand for risk assets. A more restrictive outlook could extend the crypto market’s correction, while a less hawkish message may support a recovery.

Bitcoin maintains bullish EMA structure

Bitcoin continues to trade above its 50-day, 100-day, and 200-day exponential moving averages, which are clustered between approximately $71,400 and $73,600.

The 50-day EMA stands at $73,581, while the 200-day EMA is positioned slightly lower at $73,108. The 100-day EMA provides additional support at $71,391.

This configuration remains constructive because BTC is trading above all three averages and the shorter-term 50-day EMA remains above the longer-term indicators.

However, Bitcoin must defend this support cluster to prevent the recent pullback from developing into a deeper correction.

Bitcoin’s Relative Strength Index has slipped to approximately 49, placing it near neutral territory.

The reading indicates that neither buyers nor sellers have established strong momentum. However, the decline from higher levels shows that bullish demand has weakened following Tuesday’s sell-off.

The Moving Average Convergence Divergence indicator remains negative and below the zero line. This suggests that Bitcoin’s broader bullish structure is still intact, but short-term momentum currently favors consolidation or further downside.

The 50-day EMA at $73,581 represents Bitcoin’s first important support level. If sellers push BTC below that level, the 200-day EMA at $73,108 could provide the next line of defense. A deeper correction would place the 100-day EMA at $71,391 in focus.

Failure to hold the entire moving-average cluster could expose the lower horizontal support levels at $66,500 and $62,300.

On the upside, Bitcoin faces significant resistance near $85,000. A sustained recovery above that barrier would signal renewed bullish strength and potentially restart the broader uptrend.

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Key takeaways

• Dogecoin is trading near $0.083 after finding support around its key moving averages.
• Spot DOGE ETF activity remains quiet, signaling weak institutional conviction.
• DOGE’s long-to-short ratio has fallen to a one-month low of 0.66, reflecting bearish positioning.
• Positive funding of 0.0010% provides a modest bullish signal but does not eliminate downside risks.

Dogecoin (DOGE) traded below $0.083 on Tuesday after finding support around a crucial technical zone during the previous session.

The meme coin remains above its 50-day and 100-day exponential moving averages, providing a foundation for a potential recovery. However, subdued institutional demand, bearish long-to-short positioning, and cautious on-chain signals indicate that buyers have yet to regain strong conviction.

DOGE is now at a make-or-break level. Holding above its nearby moving averages could support another advance, while a breakdown may expose the token to a deeper correction.

Dogecoin ETF demand remains subdued

SoSoValue data shows that US spot Dogecoin exchange-traded funds have recorded little activity since last week.

The lack of meaningful inflows suggests institutional investors remain hesitant to increase exposure despite DOGE’s recovery from approximately $0.070.

Continued stagnation would deprive the token of an important source of demand. If ETF flows turn negative, selling pressure could increase and undermine Dogecoin’s attempt to establish a short-term bottom.

Dogecoin’s derivatives market offers conflicting indications about trader sentiment. CoinGlass data shows that DOGE’s long-to-short ratio fell to 0.84 on Tuesday, its lowest level in more than a month. 

A reading below 1 means short positions outnumber longs, indicating that more traders expect the price to decline.

Funding rates paint a slightly more optimistic picture. Dogecoin’s open interest-weighted funding rate turned positive on September 9 and stood at 0.0010% on Tuesday.

A positive funding rate means long-position holders are paying short sellers, reflecting some demand for bullish leveraged positions. However, the rate remains modest and does not fully offset the bearish message from the long-to-short ratio.

CryptoQuant’s market summary also points to a mildly bearish outlook. Large whale orders are appearing in Dogecoin’s futures market, but sell-side activity remains dominant. Spot-market conditions are heating up, while several other indicators remain neutral.

Together, these readings suggest that larger traders are active but are not necessarily accumulating DOGE aggressively. The market remains vulnerable to further weakness unless buying pressure strengthens.

DOGE holds above short-term moving averages

Dogecoin is trading above its 50-day EMA at $0.081 and its 100-day EMA at $0.082. This cluster forms the token’s immediate support zone.

However, DOGE remains below the 200-day EMA at $0.092, keeping its broader technical structure neutral to bearish.

The Relative Strength Index sits near 47, indicating balanced momentum between buyers and sellers. Meanwhile, the Moving Average Convergence Divergence line remains slightly below zero, showing that bullish momentum is still limited.

DOGE’s first notable resistance sits near $0.088. A breakout above that level could allow buyers to challenge the 200-day EMA at $0.092. If that barrier is cleared, the next significant supply zone would emerge around $0.102.

On the downside, losing the $0.081–$0.082 EMA cluster would weaken the short-term recovery. The next major support lies at $0.070, and a daily close below that level could trigger a more substantial retracement.

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Key takeaways

• Bitcoin’s four-hour chart is forming a potential rounded-top pattern after its rally from $63,000.
• The $76,000–$76,300 region serves as the pattern’s critical neckline and support zone.
• A decisive breakdown could produce a technical downside target near $70,900–$71,000.

Bitcoin could decline toward $71,000 if a potential rounded-top pattern on its four-hour chart confirms with a decisive breakdown below the $76,000 support level.

BTC rallied from approximately $63,000 in mid-August before reaching the $80,000–$81,500 region. 

However, bullish momentum has since weakened, with the price gradually curving lower and forming the dome-like structure associated with a rounded top.

Weak spot-market demand is adding to the bearish risk, even as demand for Bitcoin perpetual futures remains positive.

Bitcoin rounded top places $71,000 in focus

Bitcoin’s potential rounded top has developed following its strong recovery from the August lows.

The cryptocurrency was trading near $76,870 on Monday, September 15, holding above an important support zone between $76,000 and $76,300. This area effectively represents the neckline of the bearish chart formation.

A decisive four-hour candle close below the zone could confirm the pattern and increase the probability of a deeper correction.

The distance between the pattern’s peak and neckline is approximately $5,000 to $5,300. Subtracting this range from a possible breakdown near $76,000 produces a downside target between $70,900 and $71,000.

Technical indicators show market indecision

Bitcoin’s four-hour Relative Strength Index stood near 54.5, reflecting broadly neutral momentum rather than strongly overbought or oversold conditions.

BTC was also trading around its 20-period, 50-period, and 100-period exponential moving averages. The clustering of these indicators highlights the continuing struggle between buyers and sellers.

A sustained recovery above the $79,500–$80,000 range would weaken the rounded-top scenario. A breakout above the recent highs near $81,500 would largely invalidate the bearish formation and restore the case for further gains. Until then, the $76,000 support remains the most important level to monitor.

Bitcoin’s underlying demand profile provides limited support for the bullish outlook. CryptoQuant’s 30-day demand-growth data shows that demand in the perpetual futures market remained positive during September. Spot demand, however, stayed negative.

Consequently, Bitcoin’s overall demand remained below zero despite continued activity from derivatives traders.

The divergence suggests that leveraged futures positions are driving much of the recent buying pressure rather than investors accumulating BTC directly through the spot market.

Futures-led demand makes BTC vulnerable

A rally driven primarily by derivatives can be more fragile than one supported by strong spot buying.

Futures demand can disappear quickly when traders close leveraged positions or face liquidations during a price decline. This can accelerate selling and increase volatility if Bitcoin breaks below an important support level.

A somewhat similar divergence developed in January and February 2026, when futures demand briefly recovered before overall demand and Bitcoin’s price weakened.

The current structure does not guarantee the same result. However, without a recovery in spot demand, a confirmed breakdown below $76,000 would make the rounded-top target near $71,000 increasingly relevant.

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Key takeaways

• Pi Network traded above $0.097 on Monday after recording gains for two consecutive weeks.
• The Pi Core Team released SoloHost updates and Pi Desktop version 0.6.3 to improve reliability, app discovery, and developer tools.
• PI remains above its 50-day EMA at $0.094, while the RSI near 60 signals improving bullish momentum.

Pi Network (PI) extended its recovery on Monday, trading above $0.097 following two consecutive weeks of gains.

New ecosystem updates and improved developer tools are strengthening the network’s utility. However, PI continues to trade below major long-term exponential moving averages, leaving its broader technical outlook bearish despite improving momentum.

Pi Network releases SoloHost and Desktop updates

The Pi Core Team recently released updates for SoloHost alongside version 0.6.3 of Pi Desktop.

SoloHost updates have been released alongside Pi Desktop version 0.6.3! This improves app discovery, reliability, and developer tools.

Pioneers can more easily discover actively used SoloHost apps. Reliability improvements and developer resources, such as AI agents… pic.twitter.com/67SXkf4CMp

— Pi Network (@PiCoreTeam) September 10, 2026

According to the project, the updates improve application discovery, platform reliability, and the tools available to developers building within the Pi Network ecosystem.

Continued development could support greater application activity and expand PI’s utility. These improvements have accompanied the token’s recent recovery, with PI gaining 1.68% last week before extending its advance on Monday.

However, ecosystem developments will need to translate into sustained user activity and demand for the token to support a stronger long-term recovery.

PI holds above the 50-Day EMA

Pi Network traded near $0.097 on Monday, remaining slightly above its 50-day exponential moving average at $0.094.

Holding above this indicator gives PI’s short-term outlook a mildly bullish tone. The Relative Strength Index stands near 60, indicating that buying momentum is improving without reaching overbought territory.

The Moving Average Convergence Divergence indicator is also marginally positive, supporting the possibility of further short-term gains.

Nevertheless, the recovery remains tentative because PI continues to trade below its 100-day and 200-day EMAs. These indicators currently stand near $0.105 and $0.138, respectively, preserving the token’s broader bearish structure.

PI’s first major resistance is located at the 100-day EMA near $0.105. A sustained break above this level could strengthen the recovery and open the way toward the horizontal resistance at $0.118.

Beyond that, the 200-day EMA near $0.138 represents a more substantial obstacle. Reclaiming this indicator would be necessary to improve PI’s medium- to long-term technical outlook.

Failure to overcome the $0.105 resistance could leave the token consolidating around its current level or expose it to renewed selling pressure.

Immediate support sits at the 50-day EMA near $0.094. Holding this level would preserve PI’s improving short-term structure and allow buyers another opportunity to challenge overhead resistance.

A decisive decline below $0.094 could weaken the recovery and bring the horizontal support at $0.075 into focus.

If selling pressure intensifies, PI could revisit the former trendline-break area near $0.045, which represents a deeper structural support level.

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