Market Analysis & Predictions - Bitcoin experienced a rejection around $124,000 after reaching new all-time highs [2] - The analysis suggests a potential drop to the 20-week Simple Moving Average (SMA) in September, a pattern observed in previous post-halving years [4][9] - A comparison to 2020 indicates a similar pattern where Bitcoin didn't immediately tag the 20-week SMA, suggesting a possible sideways movement before a September drop [6][7][8] - A mid-August wick high in 2020 was around $12,479, which is approximately 10% of the recent high of $124,000 to $125,000, highlighting a potential similarity in market behavior [10] - The market may experience a couple more downward wicks, followed by a potential upward wick towards the $120,000s before the anticipated September drop [13] Ethereum's Role & Altcoin Dynamics - Ethereum is expected to rally to new all-time highs, potentially drawing liquidity from the altcoin market [14] - Altcoins are currently underperforming against Ethereum, indicating a shift in liquidity [14] - Following Ethereum's potential all-time high, a market correction is anticipated, leading to a drop to the 20-week moving average [17][18] - The market is expected to rotate away from Ethereum and altcoins back to Bitcoin in September [19] - Altseason is unlikely to occur before Ethereum makes durable all-time highs, and the first attempt may face rejection [20] Bitcoin Dominance - Bitcoin dominance is expected to increase when Bitcoin drops to the 20-week moving average [18] - Ethereum's potential new all-time high is currently preventing Bitcoin dominance from rising significantly [19]

We are so close to finally making it after surving a long bear market, multiple shakeouts and a massive tarrif war. Don’t give up now man. Very soon money will soon flow from ETH to alts and we will see a parabolic pump.We are about to get mega rich in Q4 ...

WE ARE IN PHASE 2.ALTCOINS TO EXPLODE NEXT. 💥 https://t.co/VbduPgV32T ...

I’m doubling down on altcoins.All the signs of a full-blown altseason are still here.Every dip right now is a gift.Join my VIP TG for updates: 👇https://t.co/5JKYrm7MWu ...

😅 Altcoins : * underwater ...

The $ETH ETF has seen close to $3B in inflow during the past week.A massive surge of 35% on the AUM resulting in a test around the ATH.The ETFs have a massive impact & there's a lot to come for #Altcoins.Watch the episode with @JSeyff here:https://t.co/gRQbNAU83K https://t.co/tpSuyKszjP ...

The big bull run on #Altcoins is around the corner.It was rejected at resistance.The next test of this resistance will be the big breakout we're all waiting for. https://t.co/pcIWtsriMj ...

Interest comes first.All-time highs come next.Ticking time bomb…$ETH and altcoins are about to explode. 💥 https://t.co/xNiPFR4Tt6 ...

If we're seeing a broader correction on the markets, which #Altcoins are you accumulating? ...

Altcoins with strong tech are outperforming 💡Which #altcoin is your pick? ...