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

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?

Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.

What is your view on Binance's competitive advantages?

When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?

I never expected that the first application of AI x Crypto would be in security auditing

AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

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