The crypto market has been highly volatile this August, and several factors are influencing which token pairs might see significant downturns by August 18, 2024.

1. BTC and ETH Pairs: Both Bitcoin and Ethereum have experienced substantial outflows, particularly as the market reacts to bearish sentiment and regulatory pressures. Bitcoin saw significant outflows of around $400 million recently, which could indicate further downside risk in the short term. This suggests that pairs involving BTC and ETH, such as BTC/USDT or ETH/USDT, might continue to face downward pressure.

2. Impact of Global Economic Factors: Broader economic concerns, like disappointing earnings reports from major companies and rising global interest rates, have spilled over into the crypto markets. This increases the likelihood of declines in tokens that are closely tied to the performance of major financial institutions.

3. Regulatory Uncertainty: Ongoing regulatory challenges in the U.S., particularly lawsuits against major crypto exchanges, are contributing to market instability. This could disproportionately impact token pairs associated with assets that have been under scrutiny by regulators, making them more vulnerable to steep drops.

Given these factors, it would be prudent to exercise caution when considering investments in these pairs in the short term. The broader market conditions and regulatory environment suggest that these pairs could experience further declines as the market adjusts.

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