🚀 Are We in a Bull Market? Is Altseason Ahead?

✅ Bullish Signals Building

- Bitcoin Stability: BTC is holding above $115K–$117K, consolidating with low volatility — often a precursor to altcoin rotation

- Altcoin Strength: ETH, SOL, LINK, and meme coins like BONK and PEPE are showing breakout setups and strong community momentum

- ETF Inflows & Institutional Interest: Ethereum ETFs and Layer 2 growth are attracting capital, especially post-July rally

- Macro Tailwinds: Fed rate cut expectations and improving U.S. GDP support risk assets — crypto included

🧊 Current Bearish Scenario — Why It Persists

- Geopolitical Tensions: Trump’s new import tariffs and Ukraine summit uncertainty have spooked global markets

- Regulatory Ambiguity: U.S. crypto policy remains unclear, with SEC/CFTC oversight debates still unresolved

- Profit-Taking & Overextension: Many altcoins rallied hard in July — August opened with pullbacks and liquidations

- Low Volatility Trap: BTC and ETH are range-bound; without a catalyst, price action may stay muted or break down

- Seasonal Weakness: Historically, August and September are soft months for crypto — October often flips the trend

📊 What to Watch Next

- BTC reclaiming $120K or breaking below $115K

- ETH holding above $4,225 or sliding toward $4,043

- Powell’s Jackson Hole speech this Friday (#PowellWatch)

- Altcoin market cap vs. Bitcoin dominance — reversal signals could kick off altseason

Bottom Line:

We’re in a transitional phase. The bull market setup is forming — but it’s not confirmed yet. Altseason is close, but macro risks and technical weakness could delay the breakout.