Whatsuppp???

Oh boy........At first it was boring...calm waters.

But last week.....the whole community had just one thought...

HOW LOW CAN WE GO?

Here's what we have for you today:

Markets are Bleeding - Analysis
Ethereum ETFs - Inflows & Outflows almost at 0
Liquidity Injections - Prediction
The Everything list - Crypto tools and resources

Markets Bleeding - Analysis

The market's bleeding real bad... just take a look

The Highlights (or Lowlights, depending on how you look at it):

📉 Red Everywhere: Bitcoin down 5%, Ethereum not far behind, down about 6%.
🌊 Liquidations: Hovering around $100M daily. Not a bloodbath, but definitely some folks getting rekt.
💀 Altcoin Apocalypse: Some altcoins are trading even lower than their 2022 bear market lows. Ouch.

And what's more?

Fear and Greed Index is at 26.

We are in the bull, but the markets are in the red.

Season 2 Episode 1 Spain GIF by National Geographic Channel

Ethereum ETFs - inflows & outflows almost at 0

Speaking of low, it seems the Ethereum ETF party's over before it even really started.

Luke Martin

@VentureCoinist

The $ETH ETF flows chart is wild.
No major outflows
No major inflows 
Flows have dwindled down to virtually zero and it's only been one month since launch.

8:29 PM • Aug 30, 2024

150

Retweets

1683

Likes

Read 218 replies

Basically, no one's touching these things.

So what's the deal?

Maybe it's just a summer slump.
Maybe traders are waiting for prime brokers to offer margin on ETH ETFs.
Or maybe... it's just dead?

Based on the "Crypto Lords" and "Market Prediction Oracles", we are just doing the usual calm before the storm.

Aftermath Liquidity Injection?

Arthur Hayes is predicting that liquidity is incoming.

Here's what he said:

Arthur Hayes

@CryptoHayes

Bad Gurl Yellen is watching, if markets go down more she will definitely pump up the jam by printing more money.

9:27 PM • Sep 7, 2024

112

Retweets

996

Likes

Read 70 replies

If Hayes is correct, Bitcoin’s price may surge as early as next week.

The main driver being increased United States dollar liquidity from the Federal Reserve.

Van de Poppe, another "guru", also has a very bullish prediction.

“From that perspective, with the upcoming rate cuts from the FED the weakening economy, and the global liquidity being increased in China, it seems almost inevitable that we’re actually at the edge of the biggest bull cycle ever.”

BTC/SPX 1-week chart. Source: Michaël van de Poppe/X

For Bitcoin, a major “crash” is likely off the table.

The BTC/USD is copying behavior from 2019 when compared to the S&P 500.

What this means is that we're just at the start—not the end—of a long-term bull market.

“We can also see that there’s been a significant correction taking place on the markets, which is likely coming to an end, just like the correction in 2019 landed at $6K, we’re likely landing at $45-50K on Bitcoin,” concluded by the analyst.

Good times always follow bad times, so we are good.

The "Everything" List for Crypto (Updated)

After a grueling 164 hours and 12 minutes of research, the BCA Labs team has mapped out the list of resources and tools used by all successful brands.

We call this the "Everything List" because it links ALL of the essential resources and tools used by Brands in the Crypto / Web3 Industry

It Covers:

Marketing
Product Development
Recruitment and Funding
Community Growth

Get access to the list

Crypto Events

And the last but not least, in-between the market bloodbath we do have a couple of Web3 Events lined up like the ongoing like KBW and upcoming TOKEN2049.

Here is one tweet about the atmosphere at the events :) :) :)