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BTC $77,816.42 -0.73%
ETH $2,319.41 -0.53%
BNB $638.07 -0.18%
XRP $1.44 +0.85%
SOL $86.36 +0.23%
TRX $0.3242 -1.67%
DOGE $0.0980 +0.90%
ADA $0.2519 +0.60%
BCH $459.94 +0.43%
LINK $9.36 +0.22%
HYPE $41.13 -1.29%
AAVE $93.88 +0.12%
SUI $0.9502 +0.31%
XLM $0.1748 -2.00%
ZEC $354.43 +8.51%
BTC $77,816.42 -0.73%
ETH $2,319.41 -0.53%
BNB $638.07 -0.18%
XRP $1.44 +0.85%
SOL $86.36 +0.23%
TRX $0.3242 -1.67%
DOGE $0.0980 +0.90%
ADA $0.2519 +0.60%
BCH $459.94 +0.43%
LINK $9.36 +0.22%
HYPE $41.13 -1.29%
AAVE $93.88 +0.12%
SUI $0.9502 +0.31%
XLM $0.1748 -2.00%
ZEC $354.43 +8.51%

Analysis: Historically, BTC has performed poorly in September, while it has almost always surged in October

2024-08-31 20:47:13
Collection

ChainCatcher message, according to on-chain analyst @ai 9684xtpa who disclosed data on social media, the historical performance of BTC in September has seen significant declines almost every year, with drops of several percentage points. Historically, BTC's performance in September has indeed been poor, but the declines in the past two years have not been substantial; on the other hand, October has almost always seen significant gains, with only two instances of mediocre performance in 2018 and 2022, both of which were years of major bull markets occurring once every four years, so there is no need to panic.

(Note: The reason for the discrepancies in data is due to different calculation methods. The relevant data is calculated as: the difference between the closing prices on the first and last days of September (October) divided by the closing price on the first day.)

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