Recovery Day

DAILY MARKET OVERVIEW

Bounce or Fakeout?

👋 Hey, Crypto Enthusiasts! We’re seeing a slightly green market today, so let’s dive in.

🟢 After a sharp correction, crypto is bouncing back, but this doesn’t mean the storm has passed. These quick recoveries are common after heavy liquidations and often lack strong follow-through.

BTC pushed close to $114k, but buying pressure remains weak, so this bounce may be short-lived.

🔴 ETFs are still showing negative outflows, the BTC & ETH premium on Coinbase is also going down, and the Dollar is strengthening.

With key macro data dropping tomorrow and Friday, the setup still leans toward more downside.

📊 We don’t expect BTC to hold above $114k for long in the current environment. Altcoins are also struggling, with many remaining range-bound. This could lead to BTC dominance climbing toward 60% over the coming weeks before any potential reversal that might give alts room to run again.

For now, patience is key while the market sorts itself out.

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SOCIAL SENTIMENT

👑 Aster Takes The Crown

In just days, Aster rocketed from $0.06 to $2.30, becoming one of the most mainstream projects.

Several big catalysts fueled the move,

• First ex-Binance CEO publicly backing Aster on X, then high-profile buys like MrBeast,

• Now, Aster plans to launch its own chain for decentralized trading.

Today’s news that Aster’s trading volume surpassed Hyperliquid only added to the frenzy.

❓ So is it time to chase Aster?

We think caution makes sense. With a market cap around $3.8B and a nearly 40x run, the risk-to-reward isn’t attractive. Much of the current volume is driven by airdrop farmers, and their point program ends on October 5th.

Could it still push to $3–$4, especially if Binance lists it on spot?

Sure. But at these valuations, we don’t see it as a buy.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Ethereum regains USDT lead with $80B supply
Ethereum has overtaken Tron as the main home for USDT, reaching $80 billion in supply. The shift highlights growing institutional adoption.

Hyperliquid launches USDH stablecoin
Native Markets’ USDH has gone live on Hyperliquid with early trading topping $2.2 million. The fiat-backed token runs natively on HyperEVM.

Tom Lee: Ethereum is Wall Street’s choice
BitMine chairman Tom Lee says Ethereum is becoming the blockchain of choice for Wall Street and the White House, predicting a long ETH supercycle.

Uniswap Labs introduces Compact v1
Uniswap has rolled out Compact v1, a system to reduce liquidity fragmentation across blockchains. It’s already being adopted by LI.FI and Rhinestone.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Ivan On Tech – 99% WILL GET DESTROYED IN OCTOBER!!! (24.09.2025 Summary)

Despite fears of a “red October,” Ivan argues Bitcoin is still on track for a bullish Q4. He says most traders panicking now risk missing the move higher.

• Outlook: Ivan stays bullish, pointing to October’s strong seasonality. He warns a red October would be concerning, but expects a green one instead.

• His updated Money Line indicator now flips bearish only if BTC closes below $96K, giving the market more room for volatility without breaking the cycle.

• He sees September weakness and lower highs as normal pre-rally patterns from past cycles.

• Altcoin focus: Aster is surging with CZ’s backing, challenging Hyperliquid. Ivan trimmed his HYPE allocation but remains exposed to both. Avalanche and AI plays like ZeroG are also gaining traction.

• Macro note: ETF flows show institutions acting like retail, buying pumps and selling dips, so he doesn’t see them preventing a future bear market.

• Risks: If Bitcoin fails to rally through October and breaks under $96K, Ivan says the bull case would weaken.

Bottom line: Ivan expects October to surprise traders to the upside, keeping the four-year cycle intact and setting the stage for altcoin momentum later in Q4.

Coin Bureau – Trump Tariffs CANCELLED!? What You NEED To Know!! (24.09.2025 Summary)

A federal court has challenged Trump’s aggressive tariff policy, and the Supreme Court will now decide whether they stand or fall. The outcome could shape inflation, markets, and crypto momentum.

• Outlook: A tariff rollback could ease inflation and boost risk assets like Bitcoin. If upheld, tariffs mean higher costs, global trade tension, and pressure on risk markets.

• What happened: Two courts ruled that Trump cannot use emergency powers to impose tariffs. The Supreme Court will fast-track the case, with a decision expected in 2026.

• Market stakes: Importers have paid $159B already. Refunds could reach $1T if tariffs are struck down - freeing up liquidity and potentially fueling asset rallies.

• Inflation link: Ending tariffs could cut their inflation effect by two-thirds. Lower inflation would give the Fed more room to ease, a clear tailwind for crypto.

• Risk scenario: If tariffs are upheld, expect higher costs, weaker corporate margins, and retaliation from trade partners. That could drag stocks and crypto into risk-off mode.

Bottom line: CoinBureau frames this as a constitutional battle with huge economic consequences. For crypto, a tariff rollback would likely be bullish by reducing inflationary pressure and uncertainty, while upholding them could weigh on risk appetite.

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