1. "Buying Up" Becomes Consensus; Long-Term ETH Market Cap Will Surpass BTC Since ETH entered its current uptrend, the market has reported ETH unstacking data during each short-term volatile correction. However, from a supply-demand perspective, the demand generated by institutional consensus far outstrips the supply of unstaked tokens, and we believe a long-term, fully loaded unstaked token situation is unsustainable. Since treasury companies like SharpLink began buying, US-listed ETH holdings have totaled nearly $20 billion, representing 3.39% of the total supply. Bitmine, of which Bitmine is 75% of the way to its goal of holding 5% of the total ETH supply, remains. With the further implementation of crypto-friendly policies and Wall Street's consensus on ETH's long-term value, the rush to buy ETH has just begun. With the upcoming interest rate cut cycle, we have raised our long-term ETH target price, believing that ETH's market capitalization will surpass BTC within 1-2 bull-bear cycles.
Click to read2. Is the future of HYPE a 126-fold increase in three years? On August 27, 2025, HYPE briefly hit $50, setting a new all-time high. As of press time, it's trading at $50.932, a 24-hour increase of 15.55%. What's driving HYPE's surge? How high can HYPE reach in the future? Click to read3. Trump fights the Federal Reserve and the cryptocurrency world suffers
On the whole, this is already an obvious "softening" signal, and it can be basically considered that a rate cut in September is a foregone conclusion. The market's reaction was immediate. On the same day, all three major US stock indices closed higher: the Dow Jones Industrial Average rose 1.89%, the S&P 500 rose 1.52%, and the Nasdaq Composite rose 1.88%. Even the often-maligned A-shares rose over 3,800 points, signaling a bull market rally. The knock-on effect was also evident in the crypto market, with BTC rebounding to $117,000. Ethereum (ETH) performed even more impressively, breaking through $4,800 that day and reaching a new all-time high of $4,956 on August 25th. 4. Powell's Speech: Bull Market or Stagflation? On August 24, 2025, global financial markets were electrified by Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium. This speech signaled a possible September interest rate cut and hinted at further easing measures. This statement was interpreted by the market as rocket fuel, driving gains across stocks, commodities, and cryptocurrencies. However, behind this wave of enthusiasm, the market is facing a complex macroeconomic environment: resurgent inflationary pressures, a weak job market, economic growth driven by artificial intelligence (AI), and the potential risk of stagflation. Click to read. 5. Analyzing Popular Bitcoin Market Indicators Bitcoin's cycles are a study of extremes: wild swings, peaks of enthusiasm, and inevitable corrections. Among the many indicators that attempt to capture market rhythms, one stands out for its uncanny ability to accurately predict cycle peaks: the Pi Cycle Top indicator. But what if this tool, lauded for its historical accuracy, is evolving as the Bitcoin market matures?