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Bitcoin Rally Sparks Debate Over $124K Top

Bitcoin touched $124,450 before retreating to $121,670, triggering mixed signals on whether the rally has peaked.

• [All-time high]: BTC reached its highest level ever in early Asian trading.

• [Onchain data]: Funding rates and short-term holder profits remain lower than at past tops, suggesting more upside.

• [Technical warnings]: RSI overbought readings and bearish patterns hint at a short-term pullback.

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Ether Bets Rest on Fed Rate Cut

ETH trades near $4,700 as traders price in a September Fed rate cut, but analysts warn the rally depends on that outcome.

• [ETF inflows]: Spot ETH ETFs saw $1.01 billion net inflows in a single day, the largest ever.

• [Risk factor]: A Fed hold or unexpected event could halt liquidity and stall gains.

• [Historical context]: ETH is up 74% in a year, outpacing BTC in the past month.

Samson Mow Predicts Two Paths for Bitcoin

BTC could either surge higher and drain altcoin liquidity or pause as altcoins run hot, says Samson Mow.

• [Scenario one]: BTC dominates, altcoins drop 30–40%.

• [Scenario two]: Altseason peaks, BTC dips before another rally.

• [Market shift]: BTC dominance fell below 60% for the first time since January.

Cardano Targets 150% Rally

ADA breaks out from a long-term bull flag pattern with record long-term holder confidence.

• [Technical setup]: Breakout points to $1.60–$1.75 in the coming weeks.

• [Holder base]: 15 billion ADA unmoved for over a year, reducing selling pressure.

• [Market trend]: Google searches for “Cardano” hit a five-month high.

CAN YOU PREDICT THE PRICE?

HOW DID WE DO? 🤷

🚀Stay sharp. The path to $150K won't be linear🚀

This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results