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Is Rektember 2026 shaping up to be another long-short meat grinder?

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  • 举高高:It's possible, because the evidence for Rektember 2026 so far is mixed, not one-sided. The bearish case has a stronger macro foundation: after Bitcoin's big August rally, entering September, US Treasury yields, oil prices, and expectations of Fed tightening have all moved higher. The bullish case relies more on market structure and demand; recent spot ETF inflows have provided meaningful buying pressure, and BTC has remained relatively resilient despite rising yields and geopolitical pressure.