btc was reversed by the dollar rising(9/3)

Bitcoin, starting at $11936 (9/2 00:00, UTC+0), hit the low of $11165, peaked at $11957 and closed at $11,399(9/2 24:00, UTC+0). Bitcoin took sideways without volume after the market started, then began to decline from 06:00, reaching a low of $11165 at 11:15. Ethereum also broke through the 15-minute chart of 100MA ($469), which had been supported since 8/28, from 10:00 to the low of $417, falling 12.4% in one day.

The main reason is the reversal of economic indicators that have been favorable to cryptocurrency, such as the dollar index rising to 92.8, the gold price falling, and the Nasdaq falling (the latter half of the market reversal). On Tuesday, there were two news that Bitcoin dominance fell to a year-round low and Ethereum's dominance rose to an all-time high of 13%, and that the cryptocurrency market's greed index reached 83, which can be considered another reasons.

Anyway, it can be judged that the fact that Ethereum, which led the market, ended above the starting price of $429 per week and $411 on the 4-hour chart 100MA ($440) did not signal the start of a bear market yet. You can proceed with the transaction according to whether the above two support lines are broken while keeping an eye on the direction of the economic indicators.