@fomo reached a new all-time high of $1.21 million in daily revenue on September 1 as memecoin momentum accelerated. Separately, analyst Killa said Bitcoin was forming a descending wedge on its daily chart and expected the market to remain range-bound. Killa warned that any breakout could be false, arguing the market had not spent enough time consolidating after a strong rally. The analyst said markets are range-bound about 80% of the time, compared with 20% for trending moves or pullbacks, and advised against chasing gains unless price action invalidates that view.