Cycle phase August acts as a consolidation month post-halving (accumulation logic)

Historical behavior August tends to show an average drop of 7–11% in BTC; altcoins even more drastic

Rally objective Q4, especially October-November to November-December

Critical supports BTC: ~$112–114 K / ETH: ~$3,700–3,800

Macro catalysts Interest rates, ETF flows, stablecoin legislation, capital rotation towards altcoins

Risks Geopolitical risk, increase in macro friction, possible technical rejection