According to Mars Finance, QCP published an analysis stating that "Bitcoin's rebound momentum weakened after the Jackson Hole meeting, as an early holder sold approximately 24,000 Bitcoins (about $2.7 billion) on Sunday during low liquidity, triggering about $500 million in forced liquidations. Ethereum reached a new high, with the Ethereum/Bitcoin ratio breaking 0.04; amid a continuous outflow of ETF funds (about $1.2 billion) over six trading days, Bitcoin's market dominance declined to about 57%, while institutional investors continued to increase their holdings of Ethereum. In the short term, Bitcoin seems to be ceding momentum to Ethereum, but our structural view on Bitcoin remains unchanged. Just as the market absorbed about 80,000 Bitcoins of traditional supply in July, we expect institutions to selectively buy on dips."

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