Unlike Bitcoin, which has not fallen below yesterday's low, Ethereum easily dipped below yesterday's low this morning, indicating a weakening trend for Ethereum. This is reflected in the ETH/BTC exchange rate, which is once again dipping under the pressure of the supply line, possibly retesting the support area. If ETH/BTC dips to the support area again, the corresponding price of Ethereum may reach a new low.
Ether: 3812 short, target 3732, support 40 points #BTC #ETH

big dump is here

The two macro events to follow this week will basically be events of high market fluctuation.
The first is the US September CPI, which has been postponed to this Friday.
Currently, mainstream institutions predict that the month-on-month growth of the September CPI is about 0.4%, and the year-on-year growth is about 3.1%.
It is worth mentioning that this time the CPI may have a greater impact on cryptocurrencies (especially the altcoin market).
The delayed release of data has left the market without the most authoritative inflation data for a long time.
During this period, various speculations

Best hinted that it might extend the trade truce with China, which was originally planned as a 90-day truce starting on August 12, with a deadline of November 10.
According to the current timeline, Trump will visit Asia at the end of October, while Besant will arrive in Asia a little earlier to meet with He Lifeng.
According to this timeline, first, Beisente will meet with He Lifeng this month to briefly establish the framework for this bilateral trade negotiation. Then, the bilateral trade teams will engage in discussions, and finally, the bilateral leaders will have a call to finalize the ag