Current Situation of Crypto Market and the Trends in Coming Week

Bitcoin trapped between storm and sunshine – everything rides on Powell this week.

Bitcoin still the big boss, sitting at like 91.3k this morning, moving sideways in a fat range between 87k and 93k all weekend. Nobody wanna commit yet. Feels like everybody waiting for the same trigger.

The whole market cap bouncing around 2.55 to 2.65 trillion dollars past few days. When Bitcoin chill, altcoins try sneak some gains, but most still bleeding slow if you zoom out to 7-day chart. Only few sectors still green.

What Actually Holding Price Right Now

1. Fed meeting this Wednesday – that’s the monster. Market pricing in 90%+ chance they hold rates steady, but everybody scared Powell say something hawkish about “higher for longer.” One wrong word and we drop 5-8% in hours. Been there too many times.
2. US debt ceiling and government funding drama due end of September again. Politicians start yelling, risk-off mode kick in, Bitcoin get sold with tech stocks. Same movie every year.
3. Spot ETF flows still strong. BlackRock IBIT and Fidelity FBTC pulling 200-400 million most days. That’s real money keeping floor under price. But if retail FOMO don’t show up soon, institutions alone can’t push us to new highs.
4. Mt. Gox coins still dripping out. Another 5 billion dollar batch scheduled this month. Every time they unlock, price dip hard. People front-run it.

Coins That Actually Doing Something

Solana still the fastest horse. SOL holding 130-140 range like champion while everything else look tired. Network revenue higher than Ethereum last week again. Yeah I said it.

Ethereum itself boring as hell right now. Gas fees super low, nobody building, everybody waiting for Pectra upgrade maybe Q1 2026. Feels dead.

Meme coins the only thing with pulse. Dogecoin up 15% this week because… reasons. PEPE, WIF, BONK all pumping on zero news. Classic late-cycle behavior – money flowing to shitcoins because blue chips won’t move.

XRP keep winning court cases slow motion. Every small legal win give it 5-10% pop. Boring but working.

What I Think Happens This Week (no bullshit)

Three scenarios:

• A) Powell sound dovish or neutral + ETF flows stay strong → Bitcoin test 100k again quick. Altcoins finally wake up. Solana 180, ETH maybe touch 3600.

• B) Powell say some scary shit about inflation not dead → everything dump. Bitcoin 90k becomes magnet, altcoins lose another 20-30% easy.

• C) He say absolutely nothing new (most likely) → we keep chopping in this range forever. 94-100k box until something actually break.

On-Chain Stuff Normal People Ignore

• Exchange balances on Bitcoin dropping slow. People moving coins to cold storage = less sell pressure medium term.

• Stablecoin supply on exchanges super high right now. Almost 30 billion USDT sitting ready. That’s dry powder. When that start moving into alts, party begin.

• Whale wallets (1k+ BTC) been accumulating quietly below 65k all August-September. They not selling the dip.

• Small wallets under 1 BTC been selling or staying flat. Classic distribution from weak hands to strong hands.

What You Should Probably Do

If you got cash sitting, start buying small chunks every day Bitcoin stay under 100k. This range been respected six weeks now. Very likely we look back and say “man that was obvious accumulation phase.”

If you already full bags, just sit tight. Worst thing you can do right now is panic sell bottom of range then watch it rip two weeks later. Happened to too many people 2025 already.

Altcoins – only touch the strong ones. Solana, XRP, maybe LINK if you want something boring that works. Everything else lottery ticket right now.

Meme coins = gambling money only. Don’t put rent money in dog pictures.

Bottom Line

Market stuck until Fed speak Wednesday. Could go either way hard. But underneath, all the important metrics look healthy: ETF money coming, whales buying, stablecoin piles growing, exchange reserves dropping.

We probably in that painful part where it feels like nothing happening and everybody depressed, but actually everything lining up for next leg up.

Or we dump 30% tomorrow. That’s crypto.

Either way, zoom out. We still up massive from 2022 lows and nobody using the tech more than ever. Just gotta survive the boredom and the scare tweets.

See you on the other side of Wednesday.