BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity
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Bitcoin is trading just below $110,000 after another failed bounce, down roughly 7% since peaking over $117,000 in the wake of Powell’s dovish Jackson Hole speech, according to CoinDesk market data. Ethereum, which briefly touched $4,900 before a sharp reversal, is holding above $4,300 but showing signs of exhaustion after weeks of outperformance.
The bull run is fraying, market observers say, as thinning liquidity, ETF outflows, and fragile onchain activity collide with…
