According to ME News, on September 22 (UTC+8), Wintermute released its latest market outlook, stating that negative catalysts in the crypto market—including the Federal Reserve’s interest rate hike and the failure of the CLARITY bill’s procedural vote—have already been absorbed. Wintermute believes this rebound confirms that June’s low remains valid. With a flurry of macroeconomic news expected over the coming week, the focus now is on establishing new support levels and absorbing some profit-taking. “Market sentiment is clearly confident about this year, and the foundation for this rally appears solid. This week’s focus is expected to return to Bitcoin, Ethereum, SOL, and HYPE (target price $100). Currently, market sentiment is strong and encouraging.” (Source: BlockBeats)
Wintermute: Crypto Market to Focus on Mainstream Coins After Profit-Taking
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Summary
On September 22, Wintermute noted that the crypto market has absorbed key negative factors, including the Fed’s rate hike and the stalled CLARITY Act vote. The firm expects attention to shift back to major coins such as BTC, ETH, SOL, and HYPE (targeting $100) as the market stabilizes. Altcoins to watch may gain momentum once profit-taking subsides and support levels hold.
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