Chop Before the Storm

DAILY MARKET OVERVIEW

All Eyes on Friday

👋 Hey, Crypto Enthusiasts! It’s a big Macro week, and markets are bracing for volatility.

The question hanging over everything: What will Powell say at Jackson Hole?

The Fed Chair takes center stage this Friday, and traders know one thing - whatever he signals on rate cuts (or lack thereof) could be the catalyst the market’s been waiting for.

🔍 Here’s where things stand:

• Futures data shows big players are turning cautious, which historically hasn’t been great for bulls. It suggests pushing higher from here won’t be easy without a strong catalyst.

• BTC and ETH both feel momentumless in the near term. Without a catalyst, this could mean more chop before direction becomes clear.

That said, there are signs this sell-off may not be finished just yet.

The Coinbase premium indicator is slipping lower, showing weakening sentiment and more selling pressure.

On top of that, ETFs saw $200 million in ETH outflows yesterday, adding weight to the downside risk.

Still, not everything is bearish. The ETH treasury graph remains solid, with companies like Bitmine continuing to accumulate.

Retail curiosity is also stirring - Google searches for "altcoin season" have been climbing steadily since July, suggesting that interest is quietly building under the surface.

It’s chop city right now with mixed signals.

Friday’s speech could be the deciding factor that breaks the range and sets the tone for September.

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SOCIAL SENTIMENT

BTC Testing Key Levels

Not everyone’s in doom mode. Analyst CredibleCrypto points out that BTC has already tagged the critical 114k–116k zone. That level was his “area of interest” for a local bottom, and if it bounces off, it may be promising.

His take: if BTC can push back above 120k with momentum, that would confirm the bottom and open the door for impulsive expansion higher.

Key sentiment: Traders are split between “dead chop until Powell” vs. “bottom’s in, time to climb.” How BTC behaves in the next move up - whether it looks corrective or impulsive - should give the answer.

This week is all about macro. Jackson Hole Conference is the event that could make or break risk appetite in September.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Bernstein Predicts Crypto Bull Market Through 2027
Bernstein analysts expect the bull market to run into 2027, with Bitcoin possibly hitting $200K and firms like Coinbase and Circle set to benefit.

SEC Delays Truth Social and Other Crypto ETF Decisions
The SEC delayed Truth Social’s Bitcoin and Ethereum ETF to October 8, along with several XRP and Litecoin ETFs, amid political concerns.

Tether Hires Former White House Crypto Council Leader
Tether brought on Bo Hines, who shaped the GENIUS Act, as U.S. Strategy Advisor as it looks to launch a compliant stablecoin in America.

Coinbase, Uniswap and Others Launch Lawmaker Education Nonprofit
Crypto leaders launched the American Innovation Project to educate U.S. lawmakers on crypto and AI, backed by Coinbase, Kraken, Uniswap, and DCG.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Altcoin Daily – Coinbase Predicts Explosive Altcoin Season in September (19.08.2025 Summary)

Altcoin Daily broke down why September could be a big month for altcoins, and Coinbase is backing this up with data.

• 1. Global Liquidity: When more money is flowing worldwide (global M2), Bitcoin usually rises about 12 weeks later. That’s happening now, and higher Bitcoin prices almost always kick off altcoin season. Targets are around $140K - $150K by end of September.

• 2. Business Cycle: Altcoins thrive when the economy is recovering because people have more spare cash and are willing to take risks. Right now, conditions are pointing upward.

• 3. Bitcoin Dominance: Altcoins really pump when Bitcoin’s market share starts falling. Bitcoin dominance dropped from 65% to 59% recently, showing that money is beginning to flow into alts.

Coinbase also highlighted key September catalysts - Fed rate cuts, clearer crypto regulations, and even possible altcoin ETFs. The altcoin season index is at 40% now (needs 75% to confirm), so the setup is forming.

In short: if Bitcoin keeps climbing, September could bring a real altcoin wave.

Ivan On Tech – BITCOIN EMERGENCY!!!! CYCLE IN DANGER OR NOT!!!! (19.08.2025 Summary)

Ivan On Tech addressed the recent Bitcoin drop and whether it signals the end of the bull cycle. His view: it’s not over.

• The Dip Isn’t a Crash: Bitcoin fell about 4%, which feels dramatic but is small in the big picture. Ivan sees this as a retest of support levels (around 110) before moving higher.

• Bull Market Still Intact: Cycles don’t end with such small drops. Bears keep calling for a collapse, but Ivan says this looks more like a shakeout before the next big pump.

• BlackRock and Institutions: If prices dip further, institutions like BlackRock will scoop up Bitcoin, strengthening the market. Others, like VanEck, still predict Bitcoin could reach $180K by year end.

• Macro Support: The stock market hitting all-time highs, potential Fed rate cuts, and more liquidity entering the system all support a bullish outlook for crypto.

• Altcoins: Ethereum, Solana, and others are consolidating, not collapsing. Breakouts from key resistance levels could trigger sharp moves higher.

Bottom line: Ivan believes the bull market is alive. Short-term dips are chances to buy, not signs of the cycle ending.

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