Market Trend & Investment Opportunities - The crypto market is expected to rally strongly in August, despite it historically being the worst month for crypto [1] - Dips in Bitcoin price are expected, but investors are well-placed to take advantage of pullbacks due to institutional adoption [2] - Any sign of weakness should be seen as an opportunity, with a potential for a strong September, October, and November in crypto [3] - Bitcoin is seen as immune to currency debasement and inflation due to its finite supply, while global M2 money supply continues to hit new highs [5][6] - Ethereum usually performs well in August after a Bitcoin halving, potentially reaching $5,000 [6][7] Ethereum Analysis - There is insane ETH buying happening, with almost $3 billion worth of ETH accumulated [1][8] - Publicly traded companies are actively trying to accumulate ETH at the lowest cost basis [8] - Tom Le's Bit now holds over $3 billion of ETH, aiming to accumulate 5% of the supply [9] - Ethereum's fundamentals are strong, but it has not surpassed all-time highs yet, remaining under $4,000 [10] - Ethereum treasury companies may push ETH to new highs, but there's a risk of pulling forward demand, potentially leading to a bearish narrative later [15][16] Cardano News - The Cardano community approved a $71 million treasury spend for network upgrades, focusing on scalability, developer experience, and interoperability [27][28]
Ethereum: My INSANE Price Target For September 2025
Altcoin Dailyยท2025-08-05 01:09