Bitcoin merchants on alert! BTC Flash Crash Signals Flatile September star-news.press/wp

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Bitcoin took $ 300 million+ long pressure after the whale rotation in ETH. Are smart money now flowing towards ETH on BTC in September?

Bitcoin’s (BTC) in September only reached some disorders.

Historically, September bent down to BTC. BTC was closed in eight of the end of September 12.

Add the next FOMC meeting in 23 days, and the unavoidable fluctuations appear.

Now, this theory began to play in an actual time. Whales revolve to ETHEREUM (ETH), and BTC is again withdrawing towards $ 112,000 support.

Looking at this flow, did smart money start to prefer the ETH bullish trend over BTC grinding in the short term?

Bitcoin flash destroy

The past 24 hours delivered a classic Bitcoin “Flash Craft”.

BTC withdrew approximately 5 %, with the fabric decreased to $ 110,000, which represents the first failed attempt by the bulls to defend support. This break in the temple has stopped stopping, leaving the market exposed to a deeper decline.

explosion?

Pen hitting the largest individual BTC-Usdt-Swap for $ 12.49 million, with Total liquidation It amounted to 257 million dollars, 94 % of which was a long stop in the cliff, and drain the bounce momentum.

Source: TradingView (BTC/USDT)

Simply put, Bitcoin recovered in early August from $ 111,000.

Again in early August, a 10 % similar decrease raised to 123 thousand dollars. The bulls repeatedly repeated, pushing a 3.27 % pump on August 22 of $ 111,000.

But the apostasy did not stick. Instead, this led to a deeper correction, and the running stops late in Longs, and the leadership of the first stage to 110 thousand dollars.

After saying this, the biggest concern was: Will September now fluctuate from condemnation?

Whale rotation raises warnings

Whales that sell in twice the form of bitcoin are usually.

It is worth noting that the BTC flash disruption describes $ 310 million in a long time, but it did not serve as a “healthy” reset. A One whale has been emptied 24K+ BTC, including 5 -year sleeper coins, send 12K+ BTC to Hyperunite alone.

The biggest story: Most of the revenues revolve in ETH. Traders bought nearly $ 2 billion of ETH and ETH $ 1.3 billion, indicating a major shift in smart money flow.

Source: TradingView (ETH/BTC)

Support this, the ETH/BTC ratio is the relative strength. It rose 10.5 % this week, breaking 0.04 resistance for the first time since the election cycle.

This is a strong indication that ETH excels over BTC.

The difference in the performance of narration.

BTC lost 3 % for August until now, while ETH has gained 25 %. Moreover, with the presence of September often in BTC and FOMC waving on the horizon, and the increasingly credit capital.

All in all, this rotation is not one time. It indicates to retreat BTC Christation, alternating active capital, and preparing the September September of Bitcoin.