BTC surged to historical highs amidst continued inflows into ETFs, peaking at $122,320 during the day, just shy of the previous high by less than a thousand dollars, before retreating to $118,925, with a daily trading volume increase of 10.5%. ETH reached a year-to-date high of $4,365, driven by institutional buying and ETFs, entering a consolidation phase after breaking through multiple resistances. Most altcoins pulled back after hitting highs, with Doge down 5.88% and SUI down 6.47%. The altcoin season index rose over 30% since July, and the total market cap hit a year-to-date high of $1.61 trillion on August 11, with the fear and greed index rising to 60, indicating a need to be cautious of overheating sentiment.