Chop Season Before Q4?

DAILY MARKET OVERVIEW

Market Chop

👋 Hey, Crypto Enthusiasts! The Market has gone from bullish to feeling heavy and sluggish. Let’s explore why.

🔻 Bitcoin Got Smacked

BTC dropped to around $115.5K today, even hitting $115K flat at the lows. Just last week, it was flexing at $124K ATHs - so yeah, that move faded fast.

• Inflation came in hotter than expected (PPI +3.3% YoY). That lowered expectations of September rate-cut hopes and made the dollar stronger. Risk assets like BTC didn’t like that.

• ETFs have turned slightly negative, but no major outflows yet.

• Important levels: $115K and $112.5K. Lose those and $110K is on the table.

👉 Big catalysts ahead: jobless claims Aug. 21 and Powell’s Jackson Hole speech Aug. 22. Those two are the next real “market movers.”

♨️ ETH Looks Strong... but Overcooked

ETH’s sitting near $4,330. It just had one of its biggest ETF inflow weeks ever - lots of demand showing up - but here’s the catch:

• Big traders are record short ETH.

• Charts are flashing “overbought” and stacking bearish divergences.

• A pullback to the $4K–$4.1K zone would actually make sense before any bigger rally.

On-chain statistics still look solid (transactions and addresses near all-time highs), but low burn rates and a big validator exit queue are putting pressure on the price.

🌍 Alts Still Stuck in Neutral

Most altcoins are just... waiting. A few like LINK or HYPE had quick pops, but nothing stuck.

Lots of coins were sitting right at breakout zones, but they probably won’t move until October when the majors get their footing again.

Memecoins? Struggling. Doge, Shib, Pepe - all just chopping around.

⚔️ So What’s the Move?

September is usually a weak month for crypto, and the market’s acting like it. Momentum is gone, flows are flattening, and charts look like “wait and see.”

But - the more boring it gets now, the better the odds we get a proper rotation into Q4.

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SOCIAL SENTIMENT

Patience Wearing Thin

The sentiment right now is mostly frustration. Traders are tired of chop, and you can feel it in the feeds:

• Some are saying, “wake me up in October” because September has such a bad rep.

• Others are eyeing $115K BTC as the line in the sand - lose that and sentiment could flip bearish fast.

• ETH is the weird one - people are hyped about the record ETF flows, but at the same time nervous about how overbought it looks.

Overall, it’s not greed, it’s not fear - it’s boredom. Neutral sentiment can actually be dangerous because it often leads to sudden sharp moves when a catalyst hits. Powell’s speech this week is exactly the kind of thing that can shake everyone awake.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Metaplanet Expands Bitcoin Treasury to 18,888 BTC
Metaplanet bought 775 BTC for $93M, raising its total holdings to 18,888 BTC worth $2.17B, despite recent Bitcoin price volatility.

Thailand Launches Tourist Crypto-to-Baht Spending Pilot
Thailand introduced TouristDigiPay, a program letting tourists convert crypto to baht for 18 months, with strict AML and KYC rules.

South Korea to Introduce Stablecoin Regulation Bill in October
South Korea’s regulator will submit a stablecoin bill in October, focusing on issuance, collateral, and banking oversight amid rising global competition.

Japan Preparing to Approve First Yen Stablecoin
Japan’s FSA may approve JPYC’s yen-pegged stablecoin this fall, with plans to issue $6.78B worth over three years backed by deposits and bonds.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Coin Bureau – This Is The EXACT Time & Price to SELL Crypto - Don't Miss It! (18.08.2025 Summary)

When to Sell Crypto: Nick from CoinBureau’s Outlook

1. Bitcoin sets the tone

• Nick says the next Bitcoin peak will likely be between September and November 2025 (October is most likely).

• History shows Bitcoin usually tops about 1,050 days after its cycle low.

2. What triggers the top?

• Big bullish news that makes people believe prices will rise forever.

• Past examples:

  • 2017 - Bitcoin futures launch

  • 2021 - Bitcoin futures ETFs

• This time, it could be a government or central bank buying Bitcoin.

3. Altcoins will follow

• Most altcoins peak within two weeks of Bitcoin.

• Catalysts:

  • Ethereum - A big bank launching a stablecoin on ETH

  • XRP, Solana, others - Spot ETF approvals

4. Likely price ranges

• Bitcoin: around $140K–$160K

• Ethereum: around $9K–$11K

• Solana: around $900–$1,100
  (Market makers like to trick traders by pushing just below or above the “round numbers.”)

5. How to confirm a top

• Watch the RSI (Relative Strength Index). On a monthly chart, RSI in the high 80s or low 90s often signals a peak.

• Don’t stress about selling the exact top - if you’ve held through the rally, you’ll likely walk away with strong gains.

Lark Davis – Insane Theory For Altcoins (18.08.2025 Summary)

Most people think Bitcoin will peak in late 2025, about 500-550 days after the halving. Lark Davis argues this time could be different - instead of ending, the bull run might just be beginning.

• We’ve had the longest consolidation in crypto history, and now the macro setup is bullish: stocks are breaking records, inflation is cooling, and rate cuts are on the horizon.

• On top of that, ETFs and corporate treasuries are keeping steady institutional money flowing into Bitcoin, which means stronger floors and less violent crashes.

When Bitcoin holds higher for longer, money tends to rotate into altcoins. Ethereum ETFs are already pulling big inflows, and Solana, XRP, and others could soon follow. If the altcoin market cap breaks above $1.5T, it could run toward $2T+, sparking a true altcoin season.

Takeaway: this may not be the end of the cycle at all - it could be the start of a multi-year altcoin boom.

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