$SOL bounced from $97.34, but the overall 1H structure is still bearish. The rebound has reached around $99, while the $100.30–$100.80 area looks like the next resistance zone. I’d prefer a short if price gets rejected there rather than entering after the recent bounce.
August wasn’t just Bitcoin season. It was a broad crypto comeback.
Bitcoin finished the month nearly 25% higher after recovering from around $63,000 in mid-August and repeatedly testing the $80,000 level.
Altcoins did even better as a group, climbing more than 26%, with 83 of the top 100 cryptocurrencies ending August in positive territory.
Some of the biggest moves came from unexpected places. Zcash surged roughly 80%, Monero gained around 45%, HYPE climbed as much as 62%, and Solana rallied approximately 40%.
The rally was also unusually broad, with capital flowing heavily into established, liquid cryptocurrencies rather than concentrating entirely in new launches and memecoins.
Now comes the harder part. September has historically been a difficult month for Bitcoin, while BTC is still battling the $80K resistance level.
August proved the buyers came back. September will show whether they stay.
Gold is coming under pressure as market uncertainty rises again.
Three key factors are driving the move:
1. Oil prices have climbed to a 5-week high, raising concerns over renewed inflationary pressure.
2. The U.S.-Iran conflict is escalating, increasing geopolitical and energy-market risks. 3. Fed rate-hike expectations are rising, with markets now pricing in around 66% odds of a hike, pushing bond yields higher.
Higher oil prices, geopolitical tensions, and tighter Fed expectations are creating a more challenging environment for risk assets.
Bitcoin, however, is holding up relatively well so far.
The key question now: Will BTC continue to decouple, or will it eventually follow the broader risk-off move?
Bitcoin drops below $77,000 and $ETH below $2,400. $100 million liquidated from the crypto market in the past 60 minutes. $BTC has lost its consolidation and dropped below $77,000.
Over $130 MILLION in longs have been liquidated in just 4 hours, with nearly $300 MILLION wiped out across the market in 24 hours.
The timing isn't random. Iran has announced retaliation against US strikes, oil is surging and risk assets are coming under pressure.
Geopolitical tensions are escalating fast. Bitcoin bulls are getting flushed.