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Bitcoin Market Analysis for September: Breakout of the Range, $24,800 at Risk, Downward Trend Likely to ContinuePrefaceHello everyone, I'm Jing Shi. Today is September 1st, let's review the Bitcoin trend in August and look ahead to the market direction in September

Bitcoin rose in September, while many traditional assets suffered significant losses, highlighting the diversified nature of cryptocurrencies. The pressure on the global market seems to be due to rising government bond yields and rising oil prices

After several weeks of consolidation, Bitcoin began to show a relatively bullish trend in the second half of September. As traders turned their attention to the upcoming Federal Reserve meeting, prices once again surged to over $27000

Graphical data:1. In the past 5 years (2018-2022), the September market of Kezhou has been declining, with an average amplitude of over 20%2

Dogcoin, as a meme coin, is widely popular and provides inspiration for many other cryptocurrencies with animal themes. These meme coins, as the name suggests, were originally created as a light hearted joke

The cryptocurrency market has recently experienced a period of continuous decline. Amidst a slight rebound and a significant decline, investors have expressed concerns about their investments

On August 25th, IT Home reported that today, the Ethereum Foundation published an article stating that "after years of effort, we have finally welcomed the upgrade of the Ethereum proof of rights mechanism.The official stated that Ethereum is shifting towards a proof of rights mechanism, and the transition to the consensus mechanism of 'The Merge' must first activate Bellatrix upgrade on the beacon chain. After upgrading,The Ethereum chain of the proof-of-work mechanism will transition to the equity proof mechanism after reaching a specific total difficulty value Bellatrix upgrade plan in epoch144896 of beacon chainAt around 19:34:47 Beijing time on September 6, 2022

Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), will officially "merge" on September 6th.On August 24th local time, the Ethereum Foundation posted a blog stating: "After years of hard work, Ethereum's Proof of Rights (PoS) upgrade has finally arrived! The successful upgrade of all public testing networks has been completed, and the merger of Ethereum's main network is already being arrangedThe transition from proof-of-work (PoW) to proof of equity (PoS) of Ethereum main network is called "merger"