Crypto Market Outlook for This Monday

1. Short Term Bounce May Be in Play

Crypto analyst Miles Deutscher recently noted the market is likely to experience a short term rebound on Monday, which could lift both Bitcoin and major altcoins if volume increases and order book support remains firm.

Past behavior suggests Monday often sets the tone for the week, especially when weekend consolidation precedes renewed bullish momentum.

2. Macro Drivers Support a Bullish Bias

Investor sentiment is cautiously optimistic due to soft U.S. nonfarm payroll data this has heightened rate cut expectations, boosting risk assets.

ETF inflows and institutional accumulation remain strong tailwinds, particularly for Bitcoin, which may soon challenge the $116K resistance.

3. Technical Outlook: Key Levels to Watch

• Bitcoin: A fair value gap between $113K–$114K is being tested; holding support there could pave the way toward the $116K zone or higher.

• Ethereum & Alts: ETH is forming a bullish bull‑flag pattern, while XRP’s double-bottom and SOL’s bullish divergences suggest rising upside potential.

4. Seasonality & Risks

August historically presents mixed signals some periods of consolidation or seasonal weakness have led to short-lived drops (“August Curse”). For example, crypto ETFs saw net outflows for the first time in 15 weeks last Friday.

Liquidations in early August especially under U.S. tariff news have weighed on price dynamics.

Summary: Is Monday Likely to Be Bullish?

🔭 What to Watch Today

• Volume spikes around the $113K–$114K support area and whether BTC trades above $116K as resistance zones.

• Any net inflows into ETF products or large BTC accumulation by institutional wallets (e.g. Bitfinex, BlackRock).

• U.S. economic headlines especially inflation, tariffs, and upcoming Jackson Hole comments.

• Alts like XRP, SOL, DOGE, TON: watch for continuation of bullish chart patterns and whale accumulation.