$BTC / $ETH market update
After last week’s explosive rally, crypto took a breather.
BTC pushed toward $81.5K before cooling back into the $77.5K–$79K range while ETH held around $2,400–$2,530 after its massive 28–30% weekly jump.
What moved the market?
🔹Jackson Hole: Fed Chair Kevin Warsh struck a hawkish tone, reminding markets that inflation still needs work and higher rates remain possible.
🔹ETF flows: The strong BTC/ETH ETF inflow streak cooled, giving traders another reason to take profits.
🔹Clarity Act: Still pending, with attention now shifting toward a potential mid-September Senate vote.
🔹Momentum cooled: Treasury buybacks and the short squeeze that helped fuel the previous rally faded, leading to consolidation.
Key levels for spot traders:
🔴 BTC resistance: $80K–$82K
🟢 First support: $75K–$77K
🟢 ETH continues showing relative strength.
After a vertical move, discipline beats FOMO.
September could get interesting.
What are you watching most? 👀
$80K retest, Fed policy, ETF flows, or the Clarity Act?
After last week’s explosive rally, crypto took a breather.
BTC pushed toward $81.5K before cooling back into the $77.5K–$79K range while ETH held around $2,400–$2,530 after its massive 28–30% weekly jump.
What moved the market?
🔹Jackson Hole: Fed Chair Kevin Warsh struck a hawkish tone, reminding markets that inflation still needs work and higher rates remain possible.
🔹ETF flows: The strong BTC/ETH ETF inflow streak cooled, giving traders another reason to take profits.
🔹Clarity Act: Still pending, with attention now shifting toward a potential mid-September Senate vote.
🔹Momentum cooled: Treasury buybacks and the short squeeze that helped fuel the previous rally faded, leading to consolidation.
Key levels for spot traders:
🔴 BTC resistance: $80K–$82K
🟢 First support: $75K–$77K
🟢 ETH continues showing relative strength.
After a vertical move, discipline beats FOMO.
September could get interesting.
What are you watching most? 👀
$80K retest, Fed policy, ETF flows, or the Clarity Act?
