BAYKRIPTO MORNING MARKET — SEPTEMBER 1 WELCOME TO SEPTEMBER. 🔥 New… — BayKripto (Mr. Crypto)

BayKripto (Mr. Crypto)@baykkripto · 14.1K subscribers Open in TelegramOpen

BAYKRIPTO MORNING MARKET — SEPTEMBER 1

WELCOME TO SEPTEMBER.

New month. New opportunities.

But September is starting with a market that deserves some respect — because right now crypto isn’t trading alone. Macro is driving the game again.

BITCOIN — ~$78.5K

BTC spent the night roughly between $77.2K–$79.2K and is still holding above the key $78K area.

August closed with approximately +24% for Bitcoin, its strongest month since November 2024.

Now the question is simple:

Was August the beginning of another leg higher — or does September first need a reset?

LEVELS I’M WATCHING

$77K–$78K → Immediate support zone

$79K–$80K → First major reclaim area

Above $80K with strength → $81K–$82K comes back into focus

Losing $77K convincingly would make me much more defensive in the short term.

ETHEREUM — ~$2,470

ETH is recovering around the $2.45K–$2.47K area, but I still want to see whether it can build strength independently rather than simply following BTC.

No reason to scream “ALTSEASON” because a few coins pump.

Selective rotation ≠ altseason.

THE REAL STORY TODAY: MACRO

This is what traders should actually be watching:

Brent oil has moved above $90 amid renewed geopolitical tension.

The U.S. 10Y Treasury yield has climbed to roughly 4.78%, its highest level since early 2025.

Markets have sharply increased expectations of a possible Fed rate hike in September.

Higher oil → more inflation pressure.
Higher yields → tighter financial conditions.
Tighter conditions → more pressure on risk assets.

And BTC is currently trying to hold ~$78K despite that environment.

THIS WEEK MATTERS

The market now turns toward U.S. employment data ahead of the September 16 Fed decision.

A strong jobs report could reinforce the higher-for-longer / rate-hike narrative, while weaker data could relieve some of the pressure currently hitting risk assets.

BAYKRIPTO VIEW

September starts with BTC in a very interesting position:

Strong August performance + weak macro environment + BTC refusing to collapse.

That’s not a market where I want to blindly chase green candles.

I’m watching $77K–$78K below and $79K–$80K above.

Let the market show its hand first.

Protect capital. Wait for confirmation. Then attack.