Analyst: Bearish Crypto Charts Hint at Bullish Reversal After Fed Meeting – News and Statistics
Aug 31, 2025
According to a recent analysis shared on social media, macroeconomist Alex Kruger posits that the current technically bearish state of major cryptocurrencies could be a precursor to a bullish reversal. Kruger pointed to Bitcoin (BTC) and Ether (ETH) spot prices falling below short-term upward trendlines, while Solana (SOL) displayed relative resilience. Data from the IndexBox platform corroborates the significant market volatility and price declines observed across these major assets in recent trading sessions.
Kruger’s assessment included derivatives data showing traders had turned heavily defensive, with significant long liquidations occurring, particularly in recent rounds of…