#MarketPullback Fast forward to Powell’s speech on August 22, where he hinted at possible cuts in September. The market reacted sharply: Ethereum spiked from 4046 to 4955, hitting a new ATH, and excitement spread. But within a day of consolidation, $ETH fell back near 4350 and the market followed.
The pattern is clear this entire cycle is less about promised pumps and more about liquidity grabs. Many are waiting for another “big altcoin season” after rate cuts, but think again. $BTC , ETH, $SOL , $XRP, $BNB and others have already made their moves.
With thousands of altcoins in circulation today, relying on “the next great pump” is dangerous. This market rewards timing, patience, and smart positioning not blind hope. that's why I sold my crypto bag.