Group 1 - Bitcoin reached an all-time high of nearly $125,000 last month, but September, historically a weak month for Bitcoin, may see it reclaim dominance from Ethereum [1] - Analysts are predicting a potential reversal in Bitcoin's performance despite its traditional September slump, as Ethereum surged 74% over the past two months while Bitcoin only increased by 1% [2] - In August, Bitcoin fell by 7%, while Ethereum rose by 17%, leading to a decline of over 5% in Bitcoin's market dominance [3] Group 2 - The ETH-BTC ratio has reached levels that raise concerns about Bitcoin's position as the leading cryptocurrency [4] - Historically, September has been a challenging month for Bitcoin, averaging a decline of 3.7% since 2013, with only two positive finishes in over a decade [5] - Matthew Sigel from VanEck suggests that Bitcoin could outperform in September as retail investor interest wanes in newer crypto projects, leading institutional investors to seek refuge in Bitcoin [6]

Market Overview - The current market momentum is characterized by record highs in the NASDAQ and S&P 500, but market internals are weak, with a significant number of stocks underperforming [2][3] - The S&P 100 shows a decisively negative advanced decline, indicating a challenging environment for traders [3] Target Corporation - Target has been under significant pressure, down 34% year-to-date, and is viewed as a bearish opportunity as it approaches a critical support level at $90 [4][5] - A proposed options strategy involves buying 90 puts and selling 85 puts for a $160 debit, anticipating a breakdown below the $90 level [6] Eli Lilly and Company - Eli Lilly is seen as a bullish opportunity despite being an underperformer compared to the S&P 500, with recent news indicating resilience in the pharmaceutical sector [14][15] - An options strategy involves buying 750 calls and selling 760 calls for a $4.80 debit, aiming for a quick upside based on current trends [15][16] Citigroup Inc. - Citigroup has outperformed year-to-date, up 40%, but faces a weakening economic backdrop and flattening yield curve, raising concerns about sustainability [24][25] - A bearish options strategy is proposed, involving buying a 92.5 put and selling an 82.5 put for a $1.95 debit, allowing for a longer duration to assess market conditions [26][33]

Market reversal started, GOD candles comingTHE HUNTER ✴️ (@TrueGemHunter):Dips are for buying, remember how long last dip lasted ‼️ ...