CryptoQuant: Bitcoin Enters Bull Market Cooling-off Period, Fed's September Meeting Rate Cut Could Be a New Catalyst

By: theblockbeats.news|2025/08/08 09:42:03
0
Share
copy

BlockBeats News, August 8th, Blockchain data analysis company CryptoQuant pointed out that after Bitcoin hit a historical high of $123,000 last month, it is showing signs of short-term consolidation or mild downward risk.

The company stated in a report released on Thursday: "Bitcoin has entered a bull market cooldown period, with the bullishness index dropping from 80 to 60. Although the overall environment is still positive, the upward momentum is weakening. CryptoQuant's bullishness index evaluates the Bitcoin market strength through multiple on-chain indicators, with a value close to 100 indicating strong buying pressure and bullish sentiment, while close to zero indicates heavy selling pressure."

CryptoQuant's analysis stated that the current index value of 60 is still in the bullish range, but the momentum continues to wane. The index retreat reflects profit-taking after hitting a historical high and also includes a seasonal slowdown in summer trading activity. The report specifically warned: "If the price weakens further, this indicator may fall into negative territory, causing the bullishness index to drop below 40 for the first time since April 2023—this would officially confirm the market's transition to a bear market."

CryptoQuant's Head of Research, Julio Moreno, added: "The Fed's rate cut in September could become a new catalyst, in line with the market's widespread expectations."

You may also like

Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?

Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.

Value Distribution of Stablecoins

The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms

The price has been discovered, and the market surrounding the price is still under construction.

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?

Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.

After 18 years, blockchain has finally started to head towards the main channel

When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026

Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com