Current Stage (Mid-Aug 2025)

• BTC: Already broke ATH → $124K. Confidence is restored.

• ETH: Explosive move from $1,385 → $4,800 in 4 months, driven by ETFs and institutions.

• Alts: Still mostly flat because capital is concentrated in majors.

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Next Steps in the Money Flow

1. August 2025 – ETH Pumps Hard

• Breaks new ATH ($5K+), liquidating shorts.

• High caps & some alts 2x–3x in quick bursts.

2. September 2025 – Final Shakeout

• ETH pulls back to ~$4,100.

• Market makers dump alts → alt/BTC and alt/ETH pairs bottom out.

3. October–December 2025 – BTC Leads to Cycle Peak

• Bitcoin pushes higher toward cycle top.

• ETH recovers and begins large leg up.

4. Jan–Mar 2026 – Real Altseason

• ETH targets $10K.

• Alts rally massively (10x–50x from September lows).