Kriptobi

Everyone's already wrecked. Except for those making bank on shorts.

Since everyone's underwater, don't get too hung up on the prices. We were still in a bull run at $19,000 for $BTC. Same with when it hit $69,700.

Now that it's at $60k, we're calling this the bottom of the bear market.

So, one day BTC could hit $40,000, but we could still be in a bull run at that time. What we mean by bull run is capital flowing into this space for a while. It's not just about BTC breaking records. Forget about where the money is moving.

You can still make gains regardless of the prices. As long as there's activity in the market.

The total market cap has dropped from $4.2 trillion to $2.1 trillion, a full 50% decrease in just 8 months.

During this time, $BTC has nosedived from $122k to around $60.00.

Looking at it, the overall market cap decline directly reflects Bitcoin's market value.

Where altcoins used to roam around billion-dollar market caps, now even the total of projects sitting in the $20 - $50 range doesn’t equate to one project during a bull run.

Indeed, there’s been a significant outflow of capital from altcoins. Right now, BTC and ETH are driving the total market cap's fluctuations with their dips and rises.

Most altcoins are currently testing old lows, while many have already broken past their previous ATHs.

As I mentioned before, bear markets have averaged around 350 days, and if the same cycle is to repeat for the 4th time, we should expect a market turnaround in about 3 to 4 months.

If the market begins to reverse within 3 to 4 months, there’s no need to look for deeper lows anymore.

$ETH has nearly hit $1500. $SOL is around $65, and when you look at their upward scenarios, they’re about to reach levels that will make their previous dips seem less profitable.

Is it more sensible to wait to buy SOL at $40 or to start accumulating here and sell above $200 again?

Solana is just an example, of course. What I mean is, previously even when the market was down, these assets were high, and during their upward movements, they didn’t attract people. But once scenarios for slow accumulation become attractive, people will start entering the market, and we’ll see some coins rise again like before.

So, even if you’re hitting break-even after 20x, etc., that’s not important. Those are washed out. What matters is whether an appealing environment is being created for new capital to flow in.

No one is going to move the market based on your cost basis. Everything will be evaluated based on new profit ratios in a fresh cycle. Except for BTC.

I'm really curious, if the old bull run comes back, will we enjoy it the same way? I don't think so.

The 2017 and 2022 seasons were legendary. From airdrops we filled out forms for to airdrops that made 100x in one go.

Those days are behind us. It's tough to see many of those experiences happening again.

Back in the bull run, coins I bought would 3x or 5x before I even got to the bathroom. Our balances were constantly increasing across all exchanges. Money was flowing in from everywhere. Even when exchanges were poorer, they were handing out a $50 sign-up bonus.

Now, an exchange that gives $5 would shamelessly ask you to work for them for a month.

There was a Gladiator game that hyped the metaverse; my $3,000 turned into $36,000 in just 3 days. If it was like that with hype, imagine what would happen if the project actually developed! But then, two weeks later, I barely got back $2,000 :D

This is why, even if the market does well, the old thrills are unfortunately a thing of the past. Now, keep an eye on your funds and pull out whenever you get the chance.

For example, the Alice coin, which is $36, is supposed to launch a game, but we haven't sold our land or coins yet. GTA 6 is out, but the Alice game is still nowhere to be seen $BTC .

🔔Hyperliquid dominates the current fee market with about $11 million in weekly revenue, claiming 43% of the market.

▫️Thanks to high-margin perpetual trades, Hyperliquid has left Ethereum, with a revenue of around $3 million and a 13% share, and Solana, at $2 million and a 10% share, far behind. $HYPE

The market's been rough, so there haven't been any new projects for a while, and the ones that did pop up were mostly scams. However, if you're talking about airdrops like lighter and variational, you're in for some serious gains.

Variational, in particular, looks set to make a lot of people rich by the end of August.

Instead of wasting time on trash projects, focus on those with real products and stack up your early-stage points.

📊 Bitcoin has decreased by 5.9% since August 22, while S&P 500 has increased by 0.4% and gold has gained 5.5%, showing a significant upward trend.

Historical models indicate that Bitcoin could catch up even if it stays behind traditional markets for a long time.

📊 The supply of Ethereum in exchanges has fallen to 17.4 million $ETH , the lowest level in the last 3 years, as spot ETFs and corporate treasuries absorb the supply.

$ETH WILL RISE! The likelihood of an interest rate cut is above 95%. Just one step remains...

Bitcoin's daily hash rate reached an all-time high of 1.279 ZH/s.

As a result, while this development may not create an immediate jump in Bitcoin's price in the short term, it could reinforce investor confidence in the medium and long term due to the strong network foundation it provides.

I expect performance to approach or exceed ATH levels with the news of the FED rate cut.

🛎️ Ray Dalio: "Crypto is now an alternative currency with a limited supply, therefore, all other conditions being equal, if the dollar money supply increases and/or demand decreases, this will likely make crypto an attractive alternative currency."

🛎️ Ethereum is having its best third quarter in history.

If the price rises to around 120,000 dollars, 14 billion dollars worth of Bitcoin short positions will be liquidated.

🔔 The total market value of stable cryptocurrencies has reached 280 billion dollars, setting a new record.

Options worth 5 billion dollars expiring on Friday, $ETH options, may push Ethereum above 5,000 dollars due to the dominance of bullish strategies in the expiring options.

Investors who held Bitcoin in the long term have made more profit in this cycle than in any cycle since 2016-17.

$ETH ETFs saw inflows of $287 million on Thursday and $337 million on Friday.

Led by BlackRock, the ETFs currently hold $27.66 billion worth of 6.42 million $ETH .

🛎️ Ethereum has surpassed Mastercard in market value. It is now the 22nd largest asset in the world.

🇺🇸 Following Powell's speech, the likelihood of the Fed cutting interest rates in September rose to 89.2%.

Ethereum surged 15% after the speech and is trading above $4800.

Arthur Hayes says that in this cycle he is betting on $ETH and has indicated a potential peak of $20,000.

✳️ Important takeaways from Powell's FOMC press conference

📌 Risks are now directed not only at inflation but also at jobs

📌 Labor supply is weakening along with demand

📌 The Fed has canceled flexible average inflation targeting

📌 Stable inflation expectations are no longer assumed

📌 Indicates a possible interest rate cut in September

Additionally, $ETH 4600$ has exceeded $BTC to 115,000$.

🔔 The ETH/BTC ratio has surpassed 0.037, the highest level of 2025, with ETF inflows and treasury bonds.