Coinbase(US:COIN) Altcoin Daily·2025-08-18 22:09Market Trends & Altcoin Season Catalysts - Coinbase warned investors that altcoin season is approaching [1][12] - Altcoin season begins with the combination of global liquidity (Global M2), the business cycle, and Bitcoin dominance rolling over [2][9][10] - Global liquidity (Global M2) and Bitcoin price tend to correlate with Bitcoin lagging by approximately 12 weeks [2] - A liquidity wave in late Q3 2025 to early Q4 2025 could accelerate the rotation of capital [14] Bitcoin & Altcoin Performance - Bitcoin price tends to correlate with global liquidity, with an approximately 80% correlation observed [3] - Bitcoin dominance saw a decline from 65% to 59% in the last 2 months, signaling a potential altcoin season [10] - Coin Market Cap's altcoin season index is currently at 40%, needing to reach 75% of the top 50 altcoins outperforming Bitcoin over the last 90 days to signal alt season [14] Regulatory Environment & Institutional Interest - Clearer regulatory environment is driving liquidity, particularly in Bitcoin and stablecoins [15][16] - Institutional interest in Ethereum is rising, fueled by digital asset treasuries and stablecoin narratives [19] - SEC is working closely with exchanges to create a generic listing standard, potentially leading to the launch of altcoin ETFs in September/October [17][18] Future Outlook - The next high confidence move up for Bitcoin will be around August 23rd, potentially reaching $140,000 and then $150,000 by the end of September [4] - A positive Q3 2025 outlook stems from macro trends such as potential Fed rate cuts and expected regulatory advancements [12] - Global liquidity (Global M2) is expected to peak in September, coinciding with the potential market structure bill and Fed rate cuts [13]