🔥Alt Season Index Hits 74!1️⃣ @Aster_DEX: 649.71%2️⃣ @Immutable: 49.55%3️⃣ @DriftProtocol: 47.34%4️⃣ @KaminoFinance: 44.57%5️⃣ @eigenlayer: 31.93%6️⃣ @TrustWallet: 33.65%7️⃣ @LineaAssoc: 25.33%8️⃣ @Avax: 19.07%9️⃣ @wormhole: 19.84%🔟 @FTX_Official: 17.69% https://t.co/rBSvYluRZ0 ...

Market Sentiment & Retail Participation - The Fear and Greed Index is at 52, indicating a lack of euphoria compared to previous all-time highs [2][5] - Social interest in crypto is low compared to typical post-halving years, suggesting limited new retail investor participation [3] - The Fear and Greed Index high in late November 2024 has not been surpassed despite Bitcoin's new all-time highs, further suggesting limited retail euphoria [6] Bitcoin Performance & Diminishing Returns - Bitcoin's rally from the 2024 high to the current August high is approximately 60%, significantly less than the over 500% rally in 2017 over a similar timeframe [7][8] - The analysis suggests being aware of diminishing returns, implying that future rallies may not match past percentage gains [8] - Speculation on a 300% rally from the August high to the cycle top is considered dubious, given Bitcoin's underperformance compared to previous cycles [9][10] Ethereum's Role & Altseason - A durable altseason is unlikely until Ethereum reaches durable new all-time highs [12] - The lack of Ethereum's new all-time highs may contribute to the absence of significant euphoria reflected in the Fear and Greed Index [11][13] Market Outlook - September is expected to be a dull month with limited market interest, with potential interest possibly starting in October [14]

Market Speculation - Industry speculation suggests Bitcoin (BTC) may range between $100,000 and $120,000 for a year [1] - Analysts predict that some early cryptocurrency adopters might lose interest during this period [1] - Institutional investors (DATs) are expected to accumulate Bitcoin supply during this consolidation phase [1] - The market anticipates an "alt szn" (altcoin season) while many retail traders remain on the sidelines [1]

📊 Alt Season Index Reached 70 https://t.co/vgelVAIhIX ...

Market Trends - PEPE, DOGE, SHIB, FLOKI, and WIF are leading the gains among the top 100 cryptocurrencies [1] - The market sentiment suggests a potential retail altcoin season [1]

👀 Alt Season Index Rises to 66 Following CPI and PPI Releases https://t.co/5fLzlHPtIq ...

Market Sentiment - Market sentiment remains bullish with expectations of three Fed interest rate cuts this year, starting next week [1] - Bitcoin (BTC) is anticipated to reach a new lifetime high, with excitement also surrounding altcoins like XRP and SOL, which are expected to outperform BTC and ether (ETH) [1] Institutional Demand - Strong public asset treasuries and expectations of Fed rate cuts provide a supportive macro backdrop, with institutional inflows and regulatory clarity fueling the market [2] - The potential approval of XRP and SOL spot ETFs could unlock billions in fresh demand, reinforcing confidence in digital assets as a mainstream asset class [2] - Polygon Labs is collaborating with Cypher Capital to expand institutional access to its native token, POL, driven by sustained demand for yield-generating digital assets [4] Token Performance - BNB and HYPE are highlighted as tokens of interest after reaching all-time highs, with SOL, HYPE, and CRO identified as key tokens to track [3] - Whale buying in HYPE has been noted, with the token gaining over 5% in seven days to hit a record above $56 [5] Treasury Yield and Market Impact - The yield on the U.S. 10-year Treasury note is expected to drop below 4%, which is seen as a bullish development for markets [5] - The dollar index remains stable despite the growing odds of faster Fed rate cuts, raising questions about whether the expected easing is already priced in [6]

Market Overview & Outlook - The market is currently experiencing an upward trend, with many projects showing significant gains [2][3] - The author believes that almost everyone is wrong about what's about to happen in the market, and it's going to happen in a very short amount of time [2] - The author anticipates a surge in the crypto market, driven by factors such as the Fed's actions and increased institutional adoption [1][7] - The author expects the S&P 500 to reach $7,000 by the end of the year [9] Altcoin Season & Dominance - Altcoin season is building behind the scenes, with the altcoin season index recently spiking from 50 to 64 [32][33] - Bitcoin and Ethereum dominance are currently selling off, indicating a potential shift towards altcoins [33][38] - Others dominance (dominance outside of the top 10) is starting to push higher, suggesting that altcoins could soon wake up in a much larger way [38] XRP Analysis - The author believes that XRP has the potential to jump by 5x from its current price, possibly reaching $15 [6][7] - The author notes that XRP is about to break back to $3 plus [5] - The author suggests that once XRP clears the $0.38 zone, it will go crazy, with the next level being $3.32 [31] Macroeconomic Factors - Global broad money supply rose 9.3% year-over-year in July to a record $140 trillion [19] - Since the beginning of the year, money supply in US dollars has jumped by $10 trillion [20] - Global liquidity is surging, which is expected to push markets significantly higher [21] - The Fed is expected to cut rates, which will further flood the system with fresh liquidity [23][24] Dollar & Market Top - The author believes that the dollar has been extremely oversold and expects it to spike back up [10] - The author suggests that the market will most likely top out for crypto when the dollar starts to break 104 [14] - The author estimates that the market could top out sometime around January or February of 2026 [15] Crypto Market Targets - The author believes that the total crypto market cap could break back to $5 trillion plus dollars [17] - The author's main target for this cycle is $5 to $7 trillion, but there's a possibility it could hit $10 trillion [17][18] - The author thinks that Bitcoin can hit $150,000 - $160,000, which could lead to Ethereum reaching $10,000 plus and XRP reaching $10, $15, possibly even $20 [41]

Monthly chart of BTC DOMINANCE.2017 - alt season2021 - alt season2025 - alt season ? https://t.co/ScWxu68Q9j ...

Market Trends - The market is currently in an "alt season," led by digital asset treasury companies (DATCO) [1] - Upcoming ETF approvals are unlikely to replicate Bitcoin's institutional success [1] ETF Analysis - Basket ETFs with multiple assets will attract more capital than single-asset altcoin ETFs [1]