🚨 Weekly Crypto Market Update: Critical Weekly Closing & Market Trends 📊
1. 🪙 Bitcoin (BTC) Update
Weekly Closing & 50 WMA: BTC is currently trading very close to the 50 Weekly Moving Average (50 WMA). If the weekly candle closes above this level within the next 19–20 hours, it could provide a significant advantage to the bulls and support further upside.
Bull Market Confirmation: If Bitcoin breaks the previous weekly highs around 81,400 and 82,831, we can have greater confidence that the market has turned fully bullish and that a new bull market may be beginning.
Daily Chart & Golden Cross: A Golden Cross on the Daily Chart appears to be very close, potentially occurring within the next 2–4 days. Once confirmed, the market could become even more bullish, with Bitcoin potentially moving toward the 85K level before making a retest.
Daily Divergence & Downside Target: A divergence is also developing on the Daily Chart. If a red candle forms and breaks its low around the 78.7K level, the divergence could be confirmed, creating a possibility of a downside move toward 74.5K.
Short-Term (1-Hour Chart): A Rising Wedge pattern is currently visible on the 1-hour chart. Since weekend breakouts can often turn out to be fakeouts, traders should remain cautious. If the price reaches the Golden Pocket zone, takes out the lower lows, and then closes back above the level, it could provide a good Long Entry opportunity.
2. 💎 Ethereum (ETH) Update
ETH is currently trading above the previous weekly candle's closing high, which is a very bullish sign.
If the weekly candle closes at this level, a potential Long or Spot buying opportunity could emerge during a future retest.
3. ☀️ Solana (SOL) Update
SOL is already showing a bullish structure on the Weekly timeframe and has successfully retested the 106 support zone.
If Bitcoin breaks through its resistance, SOL could potentially move toward the 118–119 levels relatively easily.
4. 🔶 Binance Coin (BNB) Update
BNB has experienced a significant pump over the past few days. Historically, BNB has sometimes shown strong moves when a market correction is approaching, although this does not happen every time.
If the weekly candle closes in its current structure, the chart would remain bullish, and a good Long Entry could potentially be considered during a retest.
⚠️ Important Advice: Weekend market movements can sometimes be misleading. Avoid rushing into trades and patiently wait for a proper entry setup before taking a position.
BNB UPDATE
🟡 BNB update — Sep 6, 2026
BNB: around $765, with strong short-term momentum.
24h range: roughly $721–$780 — volatility is elevated.
Resistance: $780–$790. A clean break could put $820–$850 in focus.
Support: $720–$725; below that, $690–$700 becomes important.
Trend: Bullish, provided BNB holds above ~$720. BNB is also up about 10% over the past week.
Fundamental catalyst: Binance recently supported the BNB Smart Chain network upgrade/hard fork, which is positive for ecosystem development.
My read: BNB is approaching an important $780–790 breakout zone. Above $790, momentum could accelerate; rejection there could bring a retest of $720–725.
If you're trading it, I can give you BNB entry + stop-loss + TP1/Tape/TP3 levels for today.

$BTC CryptoSlam's 7-day data up to September 5th shows that NFT market sales reached $75.54 million, a 55.6% increase from the previous week. However, the number of transactions decreased to 650,300, a 14.77% decrease week-over-week. This surge in volume appears to be more of an increase in the average transaction value than a comprehensive recovery in transaction frequency.
Increased Average Transaction Value
Based on data, the average NFT transaction value has risen from approximately $64 the previous week to approximately $116. The number of buyer addresses increased by 20.38% to 273,700, and the number of seller addresses increased by 18.09% to 291,300. However, these statistics are based on on-chain addresses and may not necessarily reflect a simultaneous increase in the number of actual users.
BNB Chain Surpasses Ethereum
From the perspective of public chain performance, BNB Chain became the biggest variable this week. The chain's organic NFT sales reached $32.75 million, a 1042% increase week-over-week, and it rose to the top spot with extremely low wash trading volume. The increase didn't come from a single blockbuster project, but rather was distributed across transactions throughout the entire chain.
Ethereum's NFT sales during the same period dropped to $18.94 million, a 14.23% decrease from the previous week, falling to second place. Although the number of buyer addresses increased by 21.13% to 40,100, the transaction volume did not expand proportionally, reflecting the small size of individual transactions. Including wash trading, Ethereum's total transaction volume was approximately $19.68 million.
Polygon's Wash Trading Volume is High
Polygon followed, with organic sales of $7.29 million, a 6.12% increase. However, the chain's wash trading volume reached $18.73 million, significantly higher than organic transactions. Bitcoin, Base, and Solana also made it into the top six. Bitcoin NFT sales dropped to $5.87 million, while Base's organic sales increased to $4.23 million, and Solana's reached $1.91 million.
Top Projects and Large Transactions
In terms of series, Courtyard on Polygon continued to hold the top spot with weekly sales of $6.32 million, accounting for approximately 8.4% of global NFT transactions. Beezie on Base ranked second with $2.64 million, but with only 9 buyer addresses, indicating a high concentration of transactions. Argonauts on Ethereum ranked third with $2.07 million, although its sales declined significantly compared to the previous week.
Regarding single transactions, the largest transaction this week came from the Bitcoin ecosystem: $REWD BRC-20 NFT, sold for 10 BTC, approximately $796,900. Another large transaction was $X@AI BRC-20 NFT, sold for approximately $394,300. CryptoPunks #1839 ranked third with 161.5 ETH, approximately $394,300.
Additional information: The list also includes NFTs like Algebra Positions NFT-V2, representing liquidity positions on decentralized exchanges. While these assets are counted as NFT sales, their economic attributes differ from avatar collectibles; therefore, this week's total transaction volume actually reflects a mix of various NFT asset types.