Helius launches Solana treasury, Strategy invests in BTC, PSE rebrands, Base network native token.

Brought to you by the cool kids over at Alphabot Premium the premier community for Web3.

📰Proof of News

GM, GA, or GN LFG.

Crypto’s been busy, headlines are hitting hard. Don't worry we got you. The market has been brewing, here's what's currently happening:

🪙Bearish or Bullish

Market Overview

We’re now halfway through September, and it’s becoming increasingly clear that the seasonal pullback is likely behind us. While there’s always room for short-term fluctuations, the broader picture continues to align with what we've been preparing for. I now expect September to close green, following the red August that seemingly pulled the seasonal correction forward by one month.

From here, the macroeconomic focus remains firmly on labor data and the Fed. These are the two major themes to keep an eye on. They are the clearest threats to the current trend continuing. But unless we see a clear disruption from either, it's business as usual — and as I’ve said before, the trend is our friend until the end. I don’t believe we’ve seen the end of this yet.

Also worth noting: for several months, I’ve said September would likely be the point we finally see a rate cut. With this week's FOMC meeting and press conference, there’s a real chance we get confirmation. Let's see if that early call proves accurate.

BTC/USD 

As discussed since the start of September, the 4H FibMa Blue band continues to act as significant support this cycle, and it’s once again holding strong. This zone has historically marked prime accumulation opportunities, with 9 interactions this cycle and 5 of those quickly resolving to the upside.

With BTC now confidently back inside the $112k–$123,200 range, I’m leaning toward further upside throughout the rest of the month. That doesn’t mean we’re immune to brief pullbacks, but so long as $112k holds, bulls remain firmly in control.

The first local resistance is a tight cluster between $116,800–$117,400, which marks both the recent local high and the midpoint of the broader range. Once that breaks, the upper band of this range (near $123k) becomes the next magnet.

BTC Bull/Bear Levels:

• HD: $122,472

• H4: $117,389

• BB: $115,316

• L4: $113,315

• LD: $108,211

ETH/USD 

ETH came close to testing its all-time highs last week but ultimately stalled out about 3.8% shy. Price then began drifting lower, and this week started with a continuation of that pullback. Despite this, structure still looks intact.

If downside continues, watch the $4,382 level (May 2021 high) and the 2024 range high at $4,090, both key areas that would likely act as strong support. For now, though, I'm leaning toward the idea that this pullback is nearly complete, and ETH will likely look to retest local highs and make another push toward the ATHs in the weeks ahead.

ETH/BTC 

As mentioned over the past several updates, ETH/BTC closed August strong and has since entered the anticipated range bound consolidation. So far, that’s played out almost exactly as expected.

I don’t expect steep drawdowns here, rather, we’re continuing to chop between 0.036 and 0.04324 until we see the macro downtrend break. Once that happens, ETH likely resumes its leadership role into the latter stages of this bull market.

Altcoins, BTC Dominance, and Rotation Timing

Last week, we finally saw Total3/BTC (alt market cap excluding BTC/ETH) begin pushing through the local range highs it had been stuck under for months. This was one of the most important resistance levels in the broader alt market, and we’re now testing it as potential support.

For months I’ve said we were approaching a binary decision point: either the bottom was in, or it wasn’t, and September’s behavior would clarify that. Given the August pullback, the lows staying intact, and resistance now flipping to support, it’s looking more and more like the bottom is behind us.

Now to BTC Dominance, I believe the top is likely in, but I do still expect one more rally in BTC.D between late September and early October. During that window, alts will likely give back some ground, ETH will likely remain range-bound against BTC, and we should see BTC retake short-term leadership.

This doesn’t change the bigger picture. It’s still ETH Season, just with BTC stepping in briefly while ETH consolidates.

The moment ETH breaks its macro downtrend on the BTC pair, we enter the countdown to true Alt Season. Until then, we’re in a transitional phase.

Final Note on Accumulation

I believe accumulation season for alts is done. From here on out, anyone jumping in late is taking on more risk. The opportunity now lies in trading breakouts and managing trends, not trying to get in at the bottom. The ones who stacked positions in the accumulation phase (as we discussed many months ago) are now entering the reward phase.

If you’re just entering the market now, be more defensive, more selective, and far more nimble.

Macro Events to Watch This Week

Tuesday

• Retail Sales ex Gas/Autos MoM: Expected -0.1%, Prior 0.2%

Wednesday

• Fed Interest Rate Decision: Expected 4.25%, Prior 4.5%

• FOMC Economic Projections

• Fed Press Conference – Keep a close eye on tone and forward guidance

Thursday

• Initial Jobless Claims: Expected 240k, Prior 263k

• Continuing Jobless Claims: Expected 1.950M, Prior 1.939M

🤑Airdrop Alpha

Airdrop Updates - Week of 14 Sep

15%+ APY with Hylo staked SOL

Wrote about xSOL last week, a leveraged SOL token from Hylo. Since then they’ve reached 40M TVL in record time and also released a new product.

$hyloSOL, LST of Hylo (and powered by Sanctum) shot up to 15%+ staking APY as people forgo their yield with hyloSOL+ for 5x points.

The foregone yield is used to bootstrap hyloSOL which creates an interesting gaming mechanic. The choice is yours. Lego both at RateX for extra yield and point.

A Guide: https://x.com/cruzcontrol660/status/1966123768637743298

Harmonix Finance launches kHype Vault with 8% APY

The kHYPE Vault by Harmonix Finance went live on 12 Sep with a 3M cap. You get 8% APY as well as points from Kinetiq, Felix Protocol, Veda Labs, HypurrFi, HyperLend as well as any future HyperUnit rewards. And of course, Harmonix Points

Join this 7-in-1 airdrop opportunity with my link for Points Boost:

https://app.harmonix.fi/?ref=XiKKflB8

Check your wallet for EIP-7702 Delegations to stay safe!

Relay Protocol provided details on a new scam related to EIP-7702 delegations.

TLDR: Use the delegation checker here: https://eip7702.app

No wallet connection necessary, just paste your wallet address

Details here: https://x.com/cruzcontrol660/status/1967593500494774324

100+ Airdrop Opportunities in my Notion Airdrop Tracker: https://bit.ly/droptime