Has The Crypto Market Bottomed? Analyst Says ‘This Is It’ — TradingView News
Macro analyst Alex Krüger says the weekend’s sell-off has likely marked a tradable low for the crypto market, arguing that the move closely mirrors the 2024 “August crash” that bottomed on a Monday. “I see the current move as a smaller scale replay of last year’s August crash (which bottomed on Monday),” Krüger wrote on late-Friday in a post on X, adding that he would “be looking to add to longs on Monday, ideally before the US cash open,” if the overnight session remained panicky. He framed the decline as a classic shakeout rather than the start of a new downtrend.
Krüger’s read hinges on macro first, crypto second. He notes that 2024’s August break came in a sequence—BoJ tightening, a hawkish FOMC, then weak…
