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M2 Capital, the investment arm of United Arab Emirates-based M2 Holdings, has taken a notable new step in the cryptocurrency market. The company announced a $20 million investment in ENA, Ethena's governance token. This move demonstrates both the Middle East's interest in digital asset infrastructure and the region's desire to play a stronger role in the global financial scene.Ethena is particularly known for its USDe and sUSDe products, which launched in 2024. Backed by crypto collateral, these products provide stable value preservation through delta-neutral hedging strategies. USDe functions as a synthetic stablecoin pegged to $1, while the sUSDe version offers a yield-generating form. Thanks to this innovative approach, the Ethena protocol quickly gained popularity, with the total amount of locked assets exceeding $14 billion. USDe's market capitalization is also around $14 billion. M2 Global Wealth plans to integrate Ethena's products into its asset management services. This will provide clients with access to crypto-based income products in a regulatory-compliant manner. Kim Wong, head of M2's treasury department, stated that the agreement could redefine trust and transparency standards in the region.This investment also demonstrates M2's continued interest in the crypto ecosystem. The company previously participated in funding initiatives for the Sui Blockchain ecosystem. This latest move aims to not only provide capital infusion into crypto but also accelerate the Middle East's adoption of digital finance tools.Ethena Stands Out with USDeEthena's success isn't limited to investor interest. The protocol has quickly captured the demand for stablecoin-like products that offer returns. USDe, in particular, has seen its market capitalization exceed $13 billion, placing it third among the largest crypto-asset-backed dollar alternatives. This performance demonstrates the emergence of a new model that differentiates itself from traditional stablecoins like USDT and USDC.The regulatory steps taken by the United Arab Emirates also support these developments. Dubai's Virtual Assets Regulatory Authority (VARA) and the country's other financial authorities have established a comprehensive framework for crypto. This regulatory clarity is attracting both domestic and international investors. M2's investment in Ethena occurred within this very context, strengthening the region's ambition to become a global crypto financial hub. Consequently, M2 Capital's $20 million investment in Ethena is not just a capital infusion; it also signals a new era for the Middle East's gateway to digital assets. The combination of Ethena's innovative products, M2's strategic approach, and the UAE's regulatory framework is expected to further expand the crypto ecosystem in the region.

Jiuzi Holdings Inc. (JZXN), a Nasdaq-listed China-based electric vehicle retailer, attracted attention with its announcement on Wednesday. The company announced that it will invest up to $1 billion of its cash reserves in select cryptocurrencies under its new "Crypto Asset Investment Policy," approved by its board of directors.The Chinese company focuses on three cryptocurrenciesIn the first phase of the policy, investments will be limited to Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). The company's move is considered a strategic step aimed at long-term value preservation and hedging, rather than a speculative entry into the crypto market. Management also announced that the assets will not be held in-house but will instead be secured through professional custodians.Jiuzi's decision stems from the addition of a crypto industry veteran to the team. Doug Buerger, who recently took over as the company's chief operating officer (COO), will take a leading role in the new policy. Buerger stated, “Our goal is not to engage in short-term trading. We view crypto assets as long-term stores of value and hedges against macroeconomic uncertainties.”A “Crypto Asset Risk Committee” has also been established to implement the policy. This committee, led by CFO Huijie Gao, will oversee the progress of investments within the established framework and regularly report to the board of directors.Following the announcement, Jiuzi Holdings shares surged. JZXN shares, traded on Nasdaq, gained over 55% in pre-market trading. This investor response was driven by the company's aggressive growth strategy and its willingness to use its cash reserves more effectively. CEO Tao Li described the new policy as “a proactive step to protect and enhance long-term shareholder value.” According to Li, this initiative will not only diversify the company's financial strength but also pave the way for an innovative model that integrates traditional business practices with the crypto ecosystem. Recently, the number of US-listed companies turning to crypto investments has been increasing. The trend, initiated by MicroStrategy's Bitcoin purchases, is leading to an increasing number of companies holding crypto assets.

Bybit, one of the world's largest cryptocurrency exchanges, has announced a new roadmap, deepening its partnership with Mantle (MNT), an Ethereum-based Layer-2 solution. This roadmap aims to offer MNT holders a wide range of privileges, from ease of transaction costs to VIP benefits and staking opportunities.According to Bybit's announcement, MNT holders will receive a 25% commission discount on spot transactions and a 10% discount on futures transactions. This rate offers a highly competitive cost advantage compared to the market's leading exchange tokens. For example, the approximately 20% advantageous rate compared to BNB holders is noteworthy.VIP privileges and new use cases with MNTBybit doesn't limit its MNT ecosystem to transaction discounts. The roadmap includes features such as allowing MNT holders to purchase large amounts of tokens with lower slippage, make payments on the platform, and explore expanding use cases. Additionally, users who hold MNT will be able to reach VIP levels faster, with an asset multiplier between 1.3X and 1.5X. This opens the door to benefits such as lower transaction fees, special campaigns, and personalized services.The roadmap, summarized under the headings "Buy, Use, Hold, Earn," also includes additional income opportunities such as staking, savings products, structured financial instruments, Launchpool, and Megadrop. This gives users access to new channels to grow their portfolios. In addition, Bybit offers limited-time campaigns and special offers, allowing MNT holders to earn extra rewards and exclusive privileges. A detailed table details the discounts on transaction fees offered by different VIP levels. Maker and taker fees for spot transactions are reduced from 0.075% to 0.0225%, while for derivatives, they are reduced from 0.0495% to 0.027%. It is emphasized that for VIP 99 users, the highest level, the maker fee for some transaction types is reduced to zero. In short, the company's vision is based on providing users with a smarter and more rewarding experience in the "MNT 2.0" era, offering both financial advantages and a broader range of use cases.Mantle the project behind MNT, stands out as a Layer-2 solution developed on Ethereum. Mantle's technological infrastructure elevates it beyond a typical Layer-2 solution. The project adopts a modular architecture approach, separating transaction processing, consensus, and data availability layers. Offering low gas fees, fast transaction processing, and a secure infrastructure thanks to its modular structure, Mantle is increasingly being adopted in areas such as DeFi, GameFi, and real asset tokenization (RWA).The ecosystem, using the mETH protocol, allows users to stake ETH to earn yield-generating mETH tokens, while the Mantle EcoFund supports the network's growth by investing in high-potential projects. Additionally, it offers a restaking solution called cmETH. mETH holders can earn additional returns by using the tokens transferred to cmETH in different protocols (e.g., restaking systems such as EigenLayer, Symbiotic, Karak).

The Commodity Futures Trading Commission (CFTC), the US derivatives regulator, has launched a new initiative to allow stablecoins to be used as tokenized collateral.CFTC Issues Critical Decision on StablecoinsCaroline Pham, the commission's interim chair, has long advocated for stablecoins as a "killer app" in collateral management. In a statement, Pham stated that they will work closely with the industry and aim to develop policies that will enable the use of tokenized assets like stablecoins as collateral.Last year, Pham proposed a similar regulatory "sandbox" idea and advocated for pilot programs for stablecoin-supported tokenization. Now, due to the lengthy and controversial confirmation process for Brian Quintenz, nominated by President Donald Trump, Pham has taken the initiative as interim chair.Stablecoins are now covered by the GENIUS Act, the first comprehensive legislation regulating the stablecoin market in the US, passed last summer. These dollar-denominated digital assets form the backbone of liquidity in crypto markets and play a critical role in smart contract-based financial transactions. The CFTC's latest statement also included messages of support from executives at Circle, Coinbase, and Ripple.As part of the new initiative, the agency has begun collecting written comments from market participants. Participants have until October 20th to submit their comments. Last year, the CFTC's Global Markets Advisory Committee (GMAC) also recommended expanding the use of non-cash collateral through distributed ledger technology in its advisory report.Market experts believe the use of tokenized collateral in derivatives contracts could offer significant advantages. Jack McDonald, Vice President of Ripple Stablecoin, argued that this approach could increase efficiency and transparency, and that collateral would make risk management in derivatives contracts more reliable. Collateral is critical for securing the obligations of parties in futures or swap agreements.This step by the CFTC is considered a significant step toward modernizing capital markets in the US. In particular, the President's Working Group's report published last year called for the inclusion of tokenized non-cash collateral in the regulatory margin system.Caroline Pham believes these initiatives could spark a new wave of growth in the US economy. According to Pham, markets will be able to use capital more efficiently and support economic growth thanks to tokenized collateral. She also emphasized the sector's readiness for this transformation, stating, "The public has spoken: tokenized markets are here and represent the future."You can see the largest stablecoins in the table below:

BNB Technical OutlookAnalyzing the BNB chart, we see that the long-standing ascending channel has broken above, and the price confirmed this breakout with great volume. The uptrend looks positive, and the price is moving towards new targets swiftly.BNB is currently trading around $1057; holding above the level $1008 suggests that the breakout is valid and the uptrend is still intact.BNB has the potential to surge to the level at $1107 in the short term. Breaking above this level, the price could go up to test other targets at $1233 and $1393. When we calculate the target in terms of the channel’s length, the ultimate technical target zone appears to be $1500–$1530 in the mid term. Rising Channel Fracture We should be watching the following support levels in case of a pullback:$1008 (key support, holding above it is positive)$928 (key horizontal support)In short, BNB is printing a very strong bullish momentum and is highly likely to test new ATH levels.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.

WisdomTree has taken a significant step toward cryptoasset-based institutional products by formalizing its CoinDesk 20 Fund in Delaware. The fund will cover the top 20 cryptocurrencies ranked by market capitalization and liquidity.Delaware registration completedDelaware, known for its business-friendly laws, has long been a preferred destination for investment funds. WisdomTree's fund registration here is not only an administrative step; it is also a strategic move to boost investor confidence. This step will make the fund more attractive to potential investors and could have positive repercussions on the market. Fund inflows are particularly likely for leading cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and Cardano. The 20 cryptocurrencies to be included in the fund are: Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink, Sui, Hedera Hashgraph, Avalanche, Stellar, Bitcoin Cash, Litecoin, Uniswap, Aptos, Near, Internet Computer, Polkadot, Aave, Polygon, and Filecoin. This list brings together the projects with the highest trading volume in the crypto market. It is expected to offer investors a diversified portfolio without having to buy individually.SEC approval remains uncertainHowever, approval from the U.S. Securities and Exchange Commission (SEC) is still uncertain. WisdomTree has filed a separate ETF application for XRP. While the preliminary approval process was completed in February, the final decision has been postponed until October 25, 2025. This indicates that the U.S. crypto ETF market is still being shaped by regulations.The SEC's recently implemented "generic listing standards" could accelerate the process. These new standards allow for the direct listing of funds or stocks within 75 days. However, the application for the CoinDesk 20 Fund is not an ETF filing. It should be considered more of a legal and administrative groundwork. The actual ETF will require an S-1 filing with the SEC and direct approval.Possible Market ImpactWisdomTree's move is particularly noteworthy for institutional investors. The fund's launch could make cryptocurrencies accessible to a broader investor base. Furthermore, increased demand for the top 20 cryptocurrencies by market capitalization could trigger a price recovery. This impact may be limited in the short term, but it is likely to strengthen the position of crypto assets in the financial system in the long run.

Web3 social platform project UXLINK made headlines earlier this week after experiencing a major security breach. The attack on the project's multisig wallet led to the unauthorized transfer of a significant amount of assets to both centralized exchanges (CEX) and decentralized exchanges (DEX). Following the incident, UXLINK's native token faced severe selling pressure, and its price lost over 70% of its value, falling to $0.10.The attack was first reported by blockchain security firm Cyvers Alerts. Shared on-chain data revealed that an attacker used the delegateCall function to remove the existing admin role and add a new multisig owner under their control. With this critical move, the attacker began rapidly draining the wallet's assets. Initial findings indicate that at least 4 million USDT, 500,000 USDC, 3.7 WBTC, and 25 ETH were transferred to the attacker's addresses. On-chain analytics platform Lookonchain reported that the attacker also targeted UXLINK tokens. Approximately 6,732 ETH were obtained through transactions conducted through six different wallets. This figure corresponded to approximately $28 million at the current market capitalization. The attacker also continued to mint UXLINK tokens, along with millions of dollars in assets. According to on-chain data, nearly 10 trillion new tokens were produced by Monday evening.UXLINK price plummetsThese developments sparked widespread panic in the UXLINK market. According to market data, at the time of writing, the token's market capitalization had fallen by over 67% to $48 million. 24-hour trading volume surged to $473 million, a remarkable increase. The high volume was due to both attacker sales and panicked investor divestments. The project team released a statement on the official X account following the incident. The statement confirmed that the attack had been detected and a significant amount of assets had been transferred to exchanges. However, according to the team, thanks to rapid contact with major exchanges, a significant portion of the attacker's assets were frozen. This prevented further damage.The team also issued a crucial warning to the community: "Do not trade UXLINK on DEXs due to unauthorized tokens being minted." Furthermore, major centralized exchanges were asked to temporarily suspend UXLINK transactions. The project also announced that it would announce a token swap plan shortly.UXLINK, founded in 2023 and aiming to develop a Web3-based social networking infrastructure, has seen remarkable growth in recent months. However, this attack is almost impossible to avoid for investors. Security incidents in the crypto market can often deeply undermine investor confidence.

EIGEN Technical AnalysisAnalyzing the EIGEN chart, we clearly see that the symmetrical triangle formation we have been following for a long time has broken above, and the price gained momentum swiftly following this breakout. It is known that such breakouts are usually considered a strong signal that the trend may continue. The price is currently trading around the level of $1.83, and the upper border of the triangle now stands as a support.Holding above the level of $1.75 in the short term supports the general outlook. The first target points to the level of $1.93 above $1.75, and the technical target of the formation following the breakout is $2.50. EIGEN could see some profit-taking around this level, as it is also a psychological threshold. Holding above $2.50, the price could go up to test the next resistance levels at $2.72 and $3.60 in the mid to long term.However, the upper border of the broken triangle and the level $1.50 stand as key supports below, according to a bearish scenario. The uptrend will continue as long as the price holds above these levels, and possible pullbacks could only offer buying opportunities. Levels After Triangle Fracture Important Levels to WatchSupport levels: $1.75 → $1.50Resistance levels: $1.93 → $2.50 (short-term target) → $2.72 → $3.60These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.

BIO/USDT Technical OutlookAnalyzing the BIO chart, we see that there is a cup-and-handle formation. Moreover, following the completion of the cup, the handle has now taken shape and looks technically sound. The price of the coin has been trading around the level of $0.18 recently and is now holding close to the top of the handle.The current price of the coin is $0.1838, and the handle of the formation has been building between the levels of $0.14–$0.19; thus, holding around this level keeps the general outlook positive. The price moving above $0.1874 is crucial, as it could signal the handle breakout and accelerate the uptrend.According to a bullish scenario, the first important target stands at the level of $0.23. Holding above it could open the way toward $0.26–$0.30, followed by the technical target of the pattern at $0.45. A longer-term target could be $0.61.On the other hand, the price might go down to test the lower support levels at $0.14 and $0.13. Below these key levels, the handle structure would break, and the entire formation would be invalidated. Dish-Handle Formation Important Levels to WatchSupport levels: $0.14 → $0.13Resistance levels: $0.1874 → $0.23 → $0.26–$0.30 → $0.45 → $0.61These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.

On the morning of September 22nd, a major surprise hit the markets. Nasdaq-listed AgriFORCE Growing Systems (AGRI) gained over 206% in pre-market trading. This sharp rise was driven by the company's announced new strategy: AgriFORCE announced that it would shift all of its operations to a treasury management model built on the Avalanche (AVAX) blockchain. This made it the first Nasdaq company to center on the Avalanche ecosystem.The company's new plan isn't just a change of direction; it also includes a massive financing move. According to the announcement, AgriFORCE has developed a $550 million financing model, aiming to accumulate over $700 million in AVAX tokens as a result. For a company with a valuation of just $3.15 million at market close, these figures quickly attracted investor attention.AgriFORCE was originally known for its agricultural technology expertise. Its past work focused on sustainable agriculture solutions and plant-based food technologies. However, with the new strategy, financial asset management and blockchain-based investments are becoming the company's primary focus.At the heart of the plan is a robust financing structure. Led by CEO Jolie Kahn, the strategy includes a $300 million PIPE (Private Investment in Public Equity) transaction and an additional $250 million equity-linked financing instrument. These funds are intended to help the company achieve its target AVAX holdings.AgriFORCE's move is also notable for its advisory team. Its Strategic Advisory Board includes prominent figures from the crypto ecosystem. Anthony Scaramucci from SkyBridge Capital and Brett Tejpaul from Coinbase Institutional are among the most prominent members. In addition, it was announced that it has secured support from over 50 institutions and crypto-focused investors, including ParaFi, Galaxy Digital, and Digital Currency Group.AgriFORCE stock jumped by as much as 200 percentInvestors' initial reaction to this development was extremely swift. While AVAX's price fell 5 percent due to the market downturn, the situation was different for AgriForce stock. The shares made headlines with a jump exceeding 200 percent in pre-market trading.

LDO Technical AnalysisAnalyzing the LDO chart on a daily timeframe, we see that the descending channel structure is still valid. The price of the coin has recently moved towards the upper border of the channel, yet it has failed to break out of it, leading to a pullback. This indicates that the channel pattern is strong and still works well. Falling Channel Structure LDO is currently trading around the level $1.26. Support and resistance levels should be watched closely as long as the price keeps trading inside the descending channel.The first support area is the zone between the levels $1.13 and $1.07 – a crucial defense line as it intersects both horizontal support and the mid-line of the channel. Below this key support area, we should be following other lower supports at $0.91 and $0.79.According to a bullish scenario, the price moving above $1.31 means testing the upper border of the channel; however, the price needs to see closings above the area $1.53–$1.61 for actual confirmation of the breakout. Holding above this area, the falling channel will have technically broken to the upside and the price could surge to the level $1.90. The ultimate target of the breakout of the channel would be $4.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.

Crypto asset investment products saw strong inflows for the second week following the US Federal Reserve's interest rate cut decision. According to CoinShares data, a total of $1.9 billion in investment products entered the market last week. This brings total inflows since the beginning of the year to $40.4 billion, and assets under management (AuM) reached a year-to-date high of $241 billion.Bitcoin once again took the lead. The leading cryptocurrency, which saw $977 million in inflows last week, is clearly ahead with $24.7 billion in inflows since the beginning of the year. Ethereum, on the other hand, saw a notable weekly inflow of $772 million. This brings the total inflows in ETH products to a record high, exceeding $12.6 billion since the beginning of the year. Ethereum's assets under management also reached an all-time high of $40.3 billion.What is the current state of investment flow in altcoins?The altcoin market was also quite active. Solana closed the week with $127.3 million in inflows, reaching a monthly total of $340 million. XRP saw strong demand with $69.4 million inflows; since the beginning of the year, the inflow into this product has reached $1.5 billion. Although smaller, Sui saw $2.1 million, Cardano $1.1 million, and Chainlink $1.9 million. Litecoin saw $0.5 million inflows, while Cronos saw a limited $0.6 million increase. In contrast, $38 million in outflows from multi-asset products were noteworthy, suggesting investors are turning to single coins in this area. Latest Regional and Provider Data TableThe US leads the way in regional data. Last week, the US accounted for almost all of the total volume, with $1.8 billion in inflows. Germany recorded $51.6 million, Switzerland $47.3 million, and Canada $21 million. Brazil saw $9.3 million, and Australia $7.8 million. Hong Kong saw $3.1 million in outflows. Sweden and Switzerland also saw notable monthly outflows, with Sweden recording a total of $32.7 million in outflows since the beginning of September.By provider, the largest inflow was to iShares ETFs, at $1.4 billion. Fidelity received $35 million, ProShares $39 million, ARK $32 million, and 21Shares $27 million. Grayscale and CoinShares XBT Provider products saw outflows of $60 million and $16 million, respectively. Grayscale's $1.6 billion outflow since the beginning of the year is particularly noteworthy.Overall, the interest in crypto investment products represents a cautious yet positive response to the Fed's interest rate cut decision. Strong inflows in Bitcoin and Ethereum, in particular, confirm institutional investors' confidence in the market's long-term potential. Whether this trend continues in the coming weeks will depend on macroeconomic data and the Fed's next steps.

The Zero Gravity (0G) project, a prominent figure in the artificial intelligence and blockchain space, is dominating the cryptocurrency market with both significant investments and listing decisions from major exchanges before its launch. The project's native token, 0G, is attracting attention with its strong financial backing and institutional interest.Flora Growth is creating a 0G treasury.Recently, Flora Growth, listed on Nasdaq, announced a $401 million agreement to create a 0G treasury. The company aims to establish a new crypto asset treasury with this agreement, which consists of $35 million in cash and $366 million in 0G tokens. One of the notable aspects of the deal is that it was led by DeFi Development Corp., a well-known company in the Solana ecosystem. The company holds approximately $480 million in SOL reserves, making this partnership particularly strategic.Flora Growth plans to change its name to ZeroStack after this major transformation, but will retain its Nasdaq ticker FLGC. Investor interest has already been reflected in the price. FLGC shares surged nearly 100% after-hours following the agreement announcement. Numerous exchanges announce 0GToday's developments accelerated the launch of 0G. Bithumb, one of South Korea's largest cryptocurrency exchanges, announced that it will list the 0G token. The token will be available for trading on the Korean won (KRW) trading pair at 1:00 PM. Following Bithumb, Binance, the world's largest exchange, also announced its decision to list. Binance users will be able to buy and sell the 0G token on the spot market and also invest in various products such as Binance Convert, Binance Margin, and Binance Futures.Binance has announced a comprehensive support package for 0G. Accordingly, 0G will be available in its Simple Earn products with flexible and locked investment options. The company has also launched an attractive annualized return (APR) campaign of 25.9% and 29.9% for 90- and 120-day locked products, respectively. A total of 18.5 million 0G tokens have been allocated as a prize pool worth approximately $50 million. Users will be able to take advantage of the APR boost system starting September 25th.On Binance Futures, 0GUSDT perpetual contracts are now available. Offering up to 25x leverage, these contracts will allow users to access 0G price movements with both long and short positions. However, Binance cautioned investors about risk management, highlighting the potential volatility of the newly listed tokens.The blockchain infrastructure developed by 0G Labs is described as a decentralized operating system that enables the training of large artificial intelligence models in a distributed manner. The company announced that it successfully trained a model with 107 billion parameters over low-bandwidth internet connections. While no specific date has been announced for the mainnet launch yet, the mainnet is expected to go live along with the token launch. Institutional investments, strong partnerships, and broad product support on global exchanges like Binance are paving the way for a bold market launch for the 0G token. However, market participants are wary that early price movements could be highly volatile.

The new week started with volatility in the cryptocurrency market. Bitcoin and leading altcoins, which gained upward momentum following the recent 25 basis point interest rate cut by the US Federal Reserve (Fed), came under renewed selling pressure after the weekend. So, what was behind this decline? Here are the triggers of the decline and the latest market conditions.Bitcoin and altcoins are experiencing a sharp declineAs of Monday morning, Bitcoin had fallen nearly 3 percent to the $112,700 range. Ethereum, on the other hand, experienced an even steeper decline, losing more than 5 percent to $4,190. Solana fell 5.3 percent to trade around $222, while XRP fell 5 percent to $2.8. The acceleration of selling was notable with the opening of European markets on the first trading day of the week. Within minutes, Bitcoin had fallen more than 2 percent to $111,900; Losses reached 5% and 7%, respectively, in Ethereum and Solana. Fed's interest rate decision impactsAnalysts note that this rapid pullback isn't tied to a clear trigger, but rather can be explained by short-term selling and breaks in technical levels. BTSE COO Jeff Mei said, "The market retreated slightly over the weekend because investors are being cautious in the uncertain macroeconomic environment. The Fed stated that it will evaluate interest rate decisions on a meeting-by-meeting basis, meaning it won't initiate an aggressive rate cut."Fed Chair Jerome Powell also described the rate cut as a "risk management" step in his press conference, emphasizing that there was no need for rapid action. These statements limited investors' expectations and created a cautious atmosphere in the crypto market.In terms of market capitalization, the total capitalization of crypto assets has fallen below $4 trillion. Major altcoins like Ethereum and Solana led the way, while Dogecoin experienced one of the sharpest declines, falling 7.8%. Cardano fell 5.7 percent, and Chainlink fell 6 percent. Meanwhile, Avalanche saw a positive outperformance with a 4 percent gain.Investors cautiousAccording to BTC Markets analyst Rachael Lucas, the crypto market's "fireworks" of the first half of the year have faded. Lucas said, "Investors are cautious; long-term holders aren't panicking, but short-term investors are uneasy. On-chain data suggests that large investors aren't selling. This suggests the market is more 'uneasy optimism' than fear." Lucas also noted that a break above $124,000 for Bitcoin could trigger a new upward wave, while the current price action suggests more consolidation.Among the critical developments for the markets in the coming days is the PCE data, the Fed's preferred inflation indicator. It's being argued that if there are signs of easing inflation, the crypto market could rebound. Meanwhile, regulatory approvals for new spot Bitcoin ETFs from various regions or increased institutional demand are also among the potential factors that could revive price momentum.Consequently, the crypto market exhibited a volatile outlook in September, consistent with historical trends. While investors appear to be acting more cautiously considering short-term uncertainties, there is currently no panic affecting the long-term outlook. However, during this period of renewed volatility, the market's fragile nature necessitates strong catalysts.

ID Technical OutlookAccording to the chart, we can say that ID has still been trading inside a falling channel structure for a long time; the price has recently approached the upper border of the channel again. Reactions from the level signal a higher probability of a breakout. Falling Channel Structure The current price is around the level $0.1682, suggesting a short-term positive outlook.The nearest support stands at the level $0.1664 in the short term now. Holding above this support could pave the way for the range between the levels $0.1900–$0.1984. This zone is crucial for a potential breakout as it aligns with the upper border of the channel. The price of the coin is likely to aim for the levels $0.2238, followed by $0.2524–$0.2635 if it sees daily closes above $0.1984.According to a bearish scenario, the first support to follow is $0.1487; below it, the price could pull back to the levels $0.1343 and even $0.1170.If the channel breaks to the upside, the technical target would be a move equal to the channel’s height, potentially pushing the price into the $0.30–$0.36 range in the medium term.Summary:Current price is around $0.1682Holding above $0.1664, the price targets $0.1900–$0.1984Holding above $0.1984 could open the way for $0.2238 and $0.2524–$0.2635Below $0.1487, the price could test $0.1343 and $0.1170A breakout of the channel makes $0.30–$0.36 potential targetsThese analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
