Ethereum and Bitcoin Bears Rise: Is a Crypto Crash Ahead?

Ethereum and Bitcoin Bears Rise: Is a Crypto Crash Ahead?

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Crypto Crash

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Yello, ParadiseClub Members!😎 Is August going to create red all over again? Ethereum futures and Bitcoin insider data suggest a crypto crash might be coming:

💎They dumped $418.8 million in ETH, which might just be the beginning of something bigger. Based on our exclusive on-chain data, taker sellers unloaded 115,400 more ETH than buyers could absorb, resulting in the second-largest daily sell-side imbalance ever recorded. This is a clear and aggressive sign of deep selling pressure and evaporating demand that we as professional traders take extremely seriously in terms of short-term downside probability.

💎Meanwhile, in Bitcoin, after reaching a new ATH, bearish pressure in the market hit a peak of –7.5% on July 29th. Although it has slightly weakened to –5.2%, the overall market structure is still extremely fragile and vulnerable. Any negative news could trigger a devastating crypto crash and create a chain of long liquidations.

💎Interestingly, both ultra-large holders (holding >10K BTC) and retail investors (<1 BTC) have been steadily accumulating over the last 15 days. However, this 15-day rolling average is a lagging signal, meaning their recent buying spree may already be outdated and potentially mistimed against fast-developing bearish forces. This could lead to a crypto crash.

💎Now, let’s talk August. Statistically, it’s one of Bitcoin’s worst-performing months: Average return: –7.49%, Median return: –1.57%, 9 out of the last 13 Augusts ended in red. Even during strong bull runs like in 2017 and 2021, BTC performed poorly. So far this August, BTC is down 0.55%, but in line with the historical red zone.

💎In ParadiseFamilyVIP, we are considering this and adjusting our trading strategies based on this data. We are acting, not hoping, because success comes to the disciplined. While retail noobs are caught in emotional swings, the minority who understand structure, probabilities, and money management win. Always

Stay focused, patient, and disciplined Paradisers🥂

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