The Daily Degen - Wednesday, September 3rd, 2025 Gold, Gilts, Airdrops, Alfa, Macro, Videos, + New Projects! Mentioned Tickers: $LINEA, $PUMP, $BTC, $DOLO, and more! Shout-out to brilliant accounts mentioned with <10k followers (make sure to give them a follow!):
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#Bitcoin Testing lower limits of the first support zone. If we lose this area then likely next zone to visit is the large one below If we lost that zone then that would be very concerning. Potential for a bounce down there though so keep an eye on that zone and 99smma support
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The consensus is that September isn't the time for a bull market reversal, but rather a necessary test. Crypto market volatility intensified on Monday. Bitcoin briefly dipped below $110,000, hitting a low of $109,324, its lowest point since early July. Ethereum briefly fell below $4,400, a 24-hour drop of nearly 8%. This decline triggered massive market-wide liquidations: According to CoinGlass data, as of this writing, 24-hour liquidations exceeded $900 million, with Ethereum longs losing approximately $322 million and Bitcoin longs $207 million.
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