Economist Alex Krüger dismissed concerns about the crypto bull cycle ending, arguing that widespread bearish sentiment creates a contrarian buying opportunity as markets prepare for recovery.

In an Aug. 30 X post, Krüger noted that “most crypto charts now look so broken and bearish that is bullish,” citing significant long liquidations as evidence of capitulation.

The economist positioned bullishly for the coming week after experiencing losses earlier in the trading session.

Krüger observed that the recent market decline primarily affected Bitcoin and Ethereum, while altcoins stopped crashing earlier in the session. He added that such divergence often signals upcoming strength,

He emphasized that optimal buying opportunities emerge “when everybody is panicking, and not when we are all celebrating.”

The economist expects market volatility to persist until the Federal Reserve’s next meeting, noting that a rate cut remains incompletely priced into current valuations. Even with potential downside risks, Krüger expressed “extreme confidence that this is not the end of the cycle.”

No blow-off tops for now

When questioned about the longevity of the cycle without a blow-off top, Krüger explained his “super cycle” thesis. This framework envisions key assets continuing higher with “smaller dips and a lower slope” rather than traditional manic runs followed by major corrections.

Krüger does not anticipate a blow-off top in 2025, citing insufficient conditions for major manic moves except possibly for Solana due to accumulating demand.

Furthermore, he projected that changes in the Federal Reserve’s composition in 2026 could trigger the next major bull market peak.

Contrary to bearish commentators who suggest excessive optimism requires crushing, Krüger assessed the current sentiment as balanced, with both bullish and bearish perspectives fairly represented.

‘Statistical nonsense’

He dismissed September’s bearish seasonality as “statistical nonsense” from pattern-seeking behavior rather than meaningful market conditions. He expects trading to alternate between long and short liquidations until Fed policy decisions establish a clear trend.

While acknowledging that a 25 basis point cut would not surprise markets, he questioned whether it could serve as a catalyst that may trigger the blow-off top that many analysts predict.

Krüger then highlighted options skew data showing puts trading at premiums to calls, indicating fear-driven positioning. This technical setup, combined with liquidation-driven selling pressure, creates conditions favoring contrarian positioning.

The economist’s analysis suggests that the current market weakness represents temporary volatility rather than a structural breakdown, positioning the market for recovery as liquidation waves clear weak hands.

Mentioned in this article

Galaxy Digital CEO Mike Novogratz predicts Bitcoin (BTC) will one day be worth a whopping $1 million for two main reasons.

In a new interview on the Schwab Network, Novogratz says Bitcoin will eventually increase 850% from its current value due to increased adoption and a weakening US dollar.

“The price moves on two metrics. One is adoption, more and more people being introduced to it. We call it orange pilling them. Somebody orange pilled Larry Fink, that was a big deal, because now he got all BlackRock engaged. In Invesco, our partners engaged, and more and more financial institutions are engaged.

The other is the macro backdrop, which I think continues to be government spending too much money.”

He also believes that younger generations will prefer investing in the top crypto asset over gold, which would send Bitcoin higher.

“And so how do I think Bitcoin can go to a million? Well, gold is roughly a $20 trillion asset, and Bitcoin is roughly a $2 trillion asset. We had Warren Buffett retire. Charlie Munger passed away. They didn’t like Bitcoin. They’re not Bitcoin people, but I bet you their grandkids are right. Kids like digital stuff. And as we have this wealth transfer from baby boomers, who are all, rest their souls, going to slowly pass away and that money gets passed down, they’re going to be more willing to buy Bitcoin than gold.”

Novogratz previously said Bitcoin has become an “institutionalized macro asset” just like gold or silver.

Bitcoin is trading for $105,270 at time of writing, down 2.3% in the last 24 hours.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Dogecoin has entered a critical phase as it consolidates below the $0.26 resistance level, facing rising pressure after a sharp rejection last week. Since tagging a local high on May 10th, DOGE has dropped over 18%, retracing some of the gains from its impressive rally that began in early April. Bulls had built strong momentum following the breakout above $0.13, which marked a 100% price surge within a month. However, recent price action suggests the move may be stalling.

Related Reading

The market now watches closely to see if Dogecoin can defend current levels or if further downside is on the horizon. According to top analyst Ali Martinez, the latest rejection has opened the door for a possible revisit to the $0.213 level — a key zone that previously served as both resistance and support. This level may now act as a magnet for price if bullish control continues to fade.

While sentiment remains cautiously optimistic, the next move will depend on whether bulls can reclaim momentum or if DOGE breaks below its local range. The coming days could define the trajectory of Dogecoin’s midterm trend, with volatility likely to pick up.

Speculation Rises But DOGE Faces Crucial Test

During the recent correction that sent shockwaves across the crypto market, meme coins like Dogecoin were among the most heavily affected assets. As Bitcoin and major altcoins faced steep retracements, DOGE experienced an aggressive pullback, shedding over 18% since May 10th and erasing a significant portion of its earlier gains. This correction disrupted the bullish structure that had formed after DOGE surged over 100% from early April, following a breakout above the $0.13 mark.

Despite the drop, speculation continues to mount around Dogecoin’s potential to lead if the market regains momentum. Historically, DOGE has acted as a high-beta asset, often outperforming in euphoric phases of the cycle. With the broader market attempting to stabilize, some analysts view DOGE as a likely beneficiary if sentiment shifts bullish once again.

Still, risks remain. Price is now hovering just above key support levels, and a failure to hold this zone could trigger a deeper retracement. Martinez shared a technical view suggesting that if current levels fail to hold, Dogecoin may want to revisit the $0.213 level — a critical area that previously acted as a launchpad during the April breakout.

The coming sessions are likely to be decisive. The meme coin narrative could regain strength if bulls reclaim control and push DOGE back toward the $0.26 resistance. However, if bearish momentum builds and DOGE breaks lower, it would signal a continuation of the current downtrend. For now, all eyes remain on this pivotal support zone as Dogecoin navigates a high-stakes moment within the broader market’s uncertain conditions.

Related Reading

Technical Details: Dogecoin Facing Crucial Demand

Dogecoin (DOGE) is showing signs of weakness after failing to hold above key resistance near $0.26 earlier this month. The daily chart indicates that DOGE is currently trading at $0.221, consolidating just above the 200-day EMA ($0.219) and below the 200-day SMA ($0.269). This range has acted as a battleground between bulls and bears, with the recent candles forming tight-bodied structures, signaling indecision.

Volume has declined notably since the early May breakout, suggesting a loss of momentum and trader interest. If DOGE loses the $0.219–$0.220 support zone, the next logical support level sits near $0.213, aligning with analyst concerns of a potential retest of that level. A breakdown below this area could trigger further downside pressure toward the $0.19 zone.

Related Reading

On the upside, reclaiming the 200-day SMA at $0.269 would be a significant bullish signal, as it would place DOGE back above long-term resistance. However, the current trend favors a cautious stance, especially amid broader market uncertainty and weakened sentiment across altcoins. Overall, the chart reflects a pause in bullish momentum and rising risk of a deeper retrace unless DOGE regains strength above key moving averages. The next few days could determine whether consolidation holds or turns into a full correction.

Featured image from Dall-E, chart from TradingView

A closely followed crypto analyst is predicting Ethereum’s (ETH) path to all-time highs, as well as updating his outlook on two other big altcoins.

Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting ETH to start making a run to $4,800 with anything below the $2,400 level a bargain for bulls.

“Anything sub $2,400 on ETH is, after this big move upwards, a steal before we’ll start to run of towards the ATH’s (all-time highs) for Ethereum.”

At time of writing, ETH is trading at $2,387, nearing Van de Poppe’s high time frame support area.

The trader is also keeping an eye on decentralized blockchain oracle service Chainlink (LINK). According to Van de Poppe, LINK is most likely a solid play looking ahead, with the $14 level being a potential entry point for bulls.

“It would be great if LINK holds this first level of support.

If buying pressure comes in here, that’s a sign of continuation.

What is the next level?

Around $14.

All in all, I think that we’ll start up a new cycle and LINK is a good one to monitor.”

LINK is trading for $15.01 at time of writing.

Lastly, the analyst is keeping tabs on Sei (SEI), a layer-one blockchain focused on speed and efficiency. Van de Poppe believes the Solana (SOL) challenger is close to igniting a new leg up.

“SEI flipped the level at $0.19 and continued to run upwards, almost to the level that we wanted it to touch at $0.29.

Standard pullback since, and I think that we’ll be ending the correction relatively soon.”

SEI is worth $0.22 at time of writing.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

Billionaire and hedge fund legend Steve Cohen reportedly believes that the US economy is not yet over the hump despite positive developments over the last few weeks.

At the Sohn Investment Conference in New York, the head of Point72 Asset Management says there’s a 45% chance that the US will enter a period of economic contraction, reports Bloomberg.

“We aren’t in a recession yet, but we have significant slowing growth.”

Cohen predicts that the US economy will grow by 1.5% in 2026, noting that the figure is “OK but not phenomenal.”

Data from Trading Economics shows that the US GDP has grown 3.2% on average from 1947 until 2025.

Turning to the S&P 500, Cohen notes that the stock market’s abrupt reversal after falling to a low of 4,835 points in April is “unusual,” comparing the move to the rallies witnessed after the March 2020 Covid-induced collapse.

For now, the billionaire says it is within the realm of possibility for the S&P 500 to retrace by as much as 15% or just move sideways in the coming months.

“Markets don’t have to go up every year. Markets can go sideways and that’s perfectly normal.” 

As for the Federal Reserve, Cohen thinks that Chair Jerome Powell will keep interest rates steady to cushion the economy against tariff-induced shocks.

“They are going to be worried about inflation from tariffs.”

Cohen is not the only one to sound the alarm about the possibility of the US entering an economic recession. Last week, JPMorgan Chase CEO Jamie Dimon said that a US economic downturn is something he wouldn’t take off the table at this point, even after the White House signed a trade truce with China last week.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

These early-stage tokens often deliver the kind of explosive returns that turn tiny bets into life-changing wins, making them the crown jewel of crypto’s high-risk, high-reward landscape.

With the U.S. gearing up to roll out crypto-friendly regulations under a pro-innovation administration, the stage is set for the next wave of meme coin mania — and savvy traders are already positioning for liftoff.

Here are three up-and-coming meme coins with 50x potential that could erupt once they hit exchanges.

BTC Bull ($BTCBULL) — The Meme Coin That Actually Pays in Bitcoin

BTC Bull ($BTCBULL) is a meme coin that aims to convert anyone into a Bitcoin maxi. It does this by offering supporters an ingenious dual-revenue mechanism.

Its unique selling point is that it offers holders automated Bitcoin payouts each time BTC hits specific price thresholds.

This alone has already generated significant buzz — pulling in over $100,000 within minutes of its debut and reaching $5.1 million in contributions after just one month.

Now priced at $0.002485 during its presale phase, each new tier comes with a slight price hike — rewarding early backers with greater potential profits.

The second revenue stream comes from staking yields, which currently offer up to 80% APY. This ultimately positions $BTCBULL as one of the most strategic plays in the presales market.

Stay updated with BTC Bull on X and Telegram.

MIND of Pepe ($MIND): Fusing Meme Culture With Cutting-Edge AI Tools

MIND of Pepe ($MIND) is where internet meme culture intersects with advanced AI technology.

Inspired by the iconic Pepe meme, the project provides indispensable assistance through the use of an AI-powered trading oracle and social media bot that scours the web to follow trends, track sentiment, provide actionable market insights.

It has already raised over $8.5 million in funding, and staking $MIND can return as much as 268% APY — offering a more-than-attractive passive income stream, although this is variable and declines as more participants join the staking pool.

As artificial intelligence reshapes the digital landscape, MIND of Pepe is at the forefront of a new generation of meme coins that blend entertainment with cutting-edge utility.

Stay connected with MIND of Pepe on X (formerly Twitter) and Telegram.

Fantasy Pepe ($FEPE): Merging Fantasy Football, Meme Coins, and AI-Powered Gaming

Lastly, Fantasy Pepe (FEPE) is one of the most intriguing newcomers in the meme coin space. This ERC-20 token kicked off its presale only a week ago and has already pulled in over $200,000.

What sets Fantasy Pepe apart is its unique platform that allows users to take part in prediction markets for AI-simulated football games — featuring meme coin-themed characters.

Correct predictions earn rewards in FEPE, and holders can also stake their tokens to generate passive earnings that currently pay a juicy 150% APY.

Additional features include voting on which fictional teams compete in the virtual league and listening to live radio-style match commentary, enhancing the immersive experience.

With a current presale price of just $0.000314 — although this increases incrementally as the presale moves through the rounds — early participation offers significant advantages. Interested traders can read more about the presale via the official website.

Stay updated by following Fantasy Pepe on X and Telegram.

The post 3 Meme Coins That Could 50x Sooner Than Anyone Expects appeared first on Cryptonews.

XRP price is holding above key support levels after an aggressive 20% drop since last Sunday. Bulls have lost control, but despite the selling pressure, XRP remains strong above the $2 mark—a critical level that must hold to prevent further declines. The recent downturn has added to market uncertainty as investors look for signs of stabilization.

Related Reading

Top analyst Ali Martinez shared an analysis on X, revealing that XRP is breaking out of an ascending parallel channel, signaling a potential downside. According to Martinez, XRP could target $1.65 if the breakdown continues, making the next few weeks crucial for its price action.

The overall market remains under pressure, with altcoins struggling to reclaim key levels. Bulls could push for a recovery if XRP manages to hold above $2 and regain momentum. However, failing to defend this support could result in a deeper correction, putting additional pressure on the broader crypto market.

XRP Bulls Try To Reclaim Bullish Momentum

XRP is trading below key levels as it tries to reclaim bullish price action amid the broader market selloff. The entire crypto market has been under pressure after Bitcoin lost its weekly support, triggering panic and increasing selling pressure across altcoins. XRP, like most major assets, has struggled to hold its ground, dropping sharply over the past few days.

Martinez’s analysis on X reveals that XRP is breaking out of an ascending parallel channel, signaling a potential move lower. According to Martinez, XRP could target $1.65 if it fails to hold current demand levels. This breakdown aligns with the overall market weakness, where bulls are struggling to regain control.

Despite the bearish outlook, XRP is still holding above the $2.20 mark, where buyers are attempting to defend the price from further declines. Short-term selling pressure seems to be fading, and if bulls can maintain support above this level, a recovery could be on the table. However, if XRP fails to reclaim the $2.40 level soon, bears could take control and push the price further down.

The next few days will be critical for XRP’s price action as the market looks for a potential reversal or continued downside.

Related Reading

Price Holds Above Key Support

XRP is trading at $2.22 after briefly dropping to $2.05, following the recent wave of selling pressure that has shaken the entire crypto market. The price has struggled to reclaim higher levels as fear and uncertainty continue to dominate sentiment. Investors are closely watching for a potential recovery, but bears remain in control for now.

For XRP to regain momentum, bulls must hold the price above the $2.20 level and establish it as strong support. A sustained hold at this level could set the stage for a recovery rally, with the next key resistance around $2.40. However, if selling pressure intensifies and XRP fails to maintain its current support, the $2 mark will be the last stronghold for buyers.

Related Reading

If XRP breaks below $2, further downside could follow, potentially dragging the price toward lower demand zones. On the other hand, a quick bounce above $2.30 could indicate a shift in momentum, allowing bulls to regain control and push the price toward $2.50 and beyond. The next few days will be critical for XRP’s short-term price action, as investors look for signs of strength amid ongoing market volatility.

Featured image from Dall-E, chart from TradingView

A closely followed economist thinks that the Bitcoin (BTC) and crypto bull market still has room to run to the upside.

Alex Krüger tells his 205,000 followers on the social media platform X that crypto investors are disappointed because the current cycle appears to be different from the ones witnessed in the past in terms of time and upside magnitude.

But the economist says that investors should zoom out because he thinks crypto is in the midst of a supercycle.

“BTC is stuck in a range, which I think eventually resolves higher. The supercycle theory is intact.

Even though it applies to Bitcoin and crypto as a whole (market cap ex BTC and stables is considerably higher), most old alts don’t benefit from it on a sustained basis.

Should not expect an insane wave of liquidity driving all cr*p higher for an extended period of time. Be selective.”

According to Krüger, a supercycle doesn’t mean that Bitcoin will keep going higher without witnessing painful pullbacks.

“My definition has been playing out: BTC trades in line with equities [but with] shorter smaller drawdowns, e.g. 40% rather than 80%-90%.”

Looking at Solana, Krüger calls SOL the “fastest horse,” but he warns that the altcoin is set to see “very heavy unlocks in the next two months,” meaning that more supply is about to enter circulation.

As for Ethereum (ETH), the trader notes that the largest layer-1 protocol needs a shot in the arm to ignite bullish momentum.

“Ethereum … needs an intervention. Increased value capture from L2s (layer-2s). Plus a few more killer apps running on it.”

Turning to the broader altcoin market, Krüger says that he expects a new altseason to emerge but it will likely not be as explosive as the rallies seen in previous years.

“Expect a new alt season at some point. Shorter and smaller than prior ones. Positioning is very negative, and so is sentiment. but timing is unclear in the absence of clear catalysts. It can come out of nowhere.”

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney