Good morning and thank you for your extremely interesting post!
It's true, the usual bunch-back that follows the sudden crypto crashes didn't occur at this round.
As you observe, surely the news of September the 7 linked to El Salvador provided an excellent moment to create - certainly for the benefit of some - a completely unexpected crash, where a bull phase was instead expected.
However, I also want to add another element. It is known that by now Bitcoin and the rest of the altcoins are investments significantly controlled by central banks, and on 7th September another key passage in the world markets took place, linked to an important Chinese real estate company: Evergrande Group was downgraded from "CC”to“CCC+”after declaring a probable imminent default, which would have a major impact on Chinese and world finance (Evergrande's liabilities involve over 128 banks and bond defaults could trigger cross-bankruptcies.).
The main problem, linked to a lack of liquidity, could have led many large investors to have to close some positions in cryptocurrencies.
As for the next days... it seems to me that at the moment the crypto market is stalled, but I am sure it will slowly resume a bullish phase.