Saïd GH
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🟡 Market Pulse: BTC cools after ATH, SEC punts SOL ETFs, Fed shifts stance
$BTC $ETH $SOL
#MarketTurbulence #HotJulyPPI #ETHTreasuryStrategy
BTC printed a fresh ATH near $124K (Aug 14), then cooled to the $117–120K zone as policy headlines hit risk appetite.
SEC delayed spot Solana ETF decisions to Oct 16, 2025 (final procedural extension).
Fed will scrap its “novel activities” crypto/fintech supervision program, folding it into normal bank oversight — a regulatory tone shift.
Security watch: BtcTurk confirms ~$48M multi-chain hot-wallet exploit; ETH rally helped hackers offload more stolen funds this week.
What changed since yesterday
Bitcoin: New record high (~$124k) on Aug 14; today pulling back amid macro/reg headlines and ETF outflow chatter.
Policy: The Fed’s program shutdown removes a crypto-specific supervision silo — risk work now reverts to standard processes. Markets read it as normalization, not a green light.
Solana ETFs: Decision clock pushed to Oct 16 for Bitwise/21Shares (final extension). Stakes rise for Q4 flows.
Why it matters (fast)
BTC structure: ATH + swift pullback = classic stop-run. If spot ETF outflows persist and macro is shaky, expect choppy range before trend continuation.
SOL narrative: Delay ≠ denial. The final-deadline timing bunches potential catalysts into mid-October (approval/denial + positioning into year-end).
Reg tone: The Fed move suggests less exceptionalism around crypto inside banks — potentially smoother compliance lanes for plain-vanilla exposure.
Levels & scenarios (not financial advice)
BTC:
Support: 117k–119k (liquidity shelf).
Resistance: 123k–125k (ATH supply). Break/hold above 125k opens 130k–135k momentum pocket.
ETH: Watching 4.5k spot; momentum cooled after 4.78k print. Sustained reclaim >4.7k would re-ignite beta.
SOL: Headline sensitivity into Oct 16. Rallies likely fade near prior spikes unless ETF flow signals turn.
Risk Radar
Exploits: BtcTurk ~$48M hack underscores persistent hot-wallet risk; on-chain rotations can pressure books short-term.
Hacker supply on ETH: This week saw >$70M in realized exits tied to earlier exploits, aided by price strength — a potential liquidity overhang.
Dates to watch
Oct 16, 2025 — SEC final deadline on spot Solana ETFs (Bitwise, 21Shares).
Quick take
Momentum is intact but fragile at highs. Into the weekend: respect the 117–125k BTC range, fade headlines, trade levels, and keep risk tight until ETF flows or macro data provide a clean push.
#MarketTurbulence #HotJulyPPI #ETHTreasuryStrategy
BTC printed a fresh ATH near $124K (Aug 14), then cooled to the $117–120K zone as policy headlines hit risk appetite.
SEC delayed spot Solana ETF decisions to Oct 16, 2025 (final procedural extension).
Fed will scrap its “novel activities” crypto/fintech supervision program, folding it into normal bank oversight — a regulatory tone shift.
Security watch: BtcTurk confirms ~$48M multi-chain hot-wallet exploit; ETH rally helped hackers offload more stolen funds this week.
What changed since yesterday
Bitcoin: New record high (~$124k) on Aug 14; today pulling back amid macro/reg headlines and ETF outflow chatter.
Policy: The Fed’s program shutdown removes a crypto-specific supervision silo — risk work now reverts to standard processes. Markets read it as normalization, not a green light.
Solana ETFs: Decision clock pushed to Oct 16 for Bitwise/21Shares (final extension). Stakes rise for Q4 flows.
Why it matters (fast)
BTC structure: ATH + swift pullback = classic stop-run. If spot ETF outflows persist and macro is shaky, expect choppy range before trend continuation.
SOL narrative: Delay ≠ denial. The final-deadline timing bunches potential catalysts into mid-October (approval/denial + positioning into year-end).
Reg tone: The Fed move suggests less exceptionalism around crypto inside banks — potentially smoother compliance lanes for plain-vanilla exposure.
Levels & scenarios (not financial advice)
BTC:
Support: 117k–119k (liquidity shelf).
Resistance: 123k–125k (ATH supply). Break/hold above 125k opens 130k–135k momentum pocket.
ETH: Watching 4.5k spot; momentum cooled after 4.78k print. Sustained reclaim >4.7k would re-ignite beta.
SOL: Headline sensitivity into Oct 16. Rallies likely fade near prior spikes unless ETF flow signals turn.
Risk Radar
Exploits: BtcTurk ~$48M hack underscores persistent hot-wallet risk; on-chain rotations can pressure books short-term.
Hacker supply on ETH: This week saw >$70M in realized exits tied to earlier exploits, aided by price strength — a potential liquidity overhang.
Dates to watch
Oct 16, 2025 — SEC final deadline on spot Solana ETFs (Bitwise, 21Shares).
Quick take
Momentum is intact but fragile at highs. Into the weekend: respect the 117–125k BTC range, fade headlines, trade levels, and keep risk tight until ETF flows or macro data provide a clean push.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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