August 14: BTC peaked, August 25: ETH peaked: How long will this round of adjustment in the crypto market last?

After experiencing nearly insane growth in the first half of the year, BTC fell from its high on August 14, and then ETH faced resistance at a key pressure point on August 25. The simultaneous peak of the two leaders essentially declares that the short-term market has shifted from a primary upward trend to an adjustment cycle.

From historical experience, the peaks of BTC and ETH often determine the overall rhythm of the market. The bull markets of 2017 and 2021 both had similar peak echoes—BTC peaked first, followed by ETH's subsequent rise, and then a collective adjustment followed. This round is no exception.