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250811 Merlin Monday Summary
Crypto Market: Bitcoin and Ethereum are bullish, with Ethereum nearing its $4,800 all-time high and expected to break through this year, while retail FOMO in Q4 may trigger an altcoin season, with Story Protocol’s $80 trillion IP strategy drawing significant attention.
250804 Merlin Monday Summary
Jeff: I think August could be tricky. Do you guys remember last August? Germany was dumping Bitcoin left and right, and the news was all bad. U.S. jobs data crashed too. Last August was really bad; Bitcoin hit around $48,000 on August 1. I think August will be challenging. We need to stay above $116,000 to $117,000 to be safe. If it keeps dropping tomorrow, we might see a repeat of last year. But I think interest rates will drop next month, so September should be much better, though it’s tricky now.
