Elder AssetsWhere are we in the cycle?
Since the last halving that occurred in April 2024, Bitcoin (BTC) has risen approximately 90.72% up to the recent all-time high, from $64,647 to $123,091. It's true that since 2022, the asset has been in an upward trend, but the question everyone wants answered is: how long will BTC continue to rise in this cycle? Many have already declared the end of the cycle when the price reached its last peak near $112,000 and started to fall, but BTC's resilience has shown that the cycle is no...
Elder AssetsCurrent Market Analysis
After reaching its new all-time high (ATH) above $124K, Bitcoin (BTC) is going through a corrective phase. The last weekly candle closed at $117,590 after the ATH, and at the moment the price is below $113K. On the daily chart, there were already signs of exhaustion, showing that the price was heavily overbought. When it hit the new ATH, the price moved above the upper Bollinger Band, and the Relative Strength Index (RSI) was near 70, just like in the last ATH when the indicator was above tha...
@ElderAssets on X
Elder AssetsWhere are we in the cycle?
Since the last halving that occurred in April 2024, Bitcoin (BTC) has risen approximately 90.72% up to the recent all-time high, from $64,647 to $123,091. It's true that since 2022, the asset has been in an upward trend, but the question everyone wants answered is: how long will BTC continue to rise in this cycle? Many have already declared the end of the cycle when the price reached its last peak near $112,000 and started to fall, but BTC's resilience has shown that the cycle is no...
Elder AssetsCurrent Market Analysis
After reaching its new all-time high (ATH) above $124K, Bitcoin (BTC) is going through a corrective phase. The last weekly candle closed at $117,590 after the ATH, and at the moment the price is below $113K. On the daily chart, there were already signs of exhaustion, showing that the price was heavily overbought. When it hit the new ATH, the price moved above the upper Bollinger Band, and the Relative Strength Index (RSI) was near 70, just like in the last ATH when the indicator was above tha...
@ElderAssets on X
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The theory of cryptocurrency market cycles teaches us that the flow of money follows a specific path: 1st Bitcoin, 2nd Ethereum, and 3rd Altcoins.
Since the Halving in April 2024, it's been noticeable that financial volumes—often accompanied by price spikes—have been flowing into Bitcoin (BTC), resulting in higher prices and new all-time highs.
However, in recent weeks, it's become clear that the flow of capital is shifting direction. Ethereum has been gaining a lot of investor attention, perhaps due to its upgrades or perhaps because it’s riding the increasingly popular stablecoin narrative, with projects like Pendle, Ethena, and Aave.
On-chain data shows us the level of investment Ethereum (L1) is receiving. On August 10, 2025, ETH saw a net inflow of $1.02 billion, continuing an upward trend seen in previous bars, which was followed by a price increase. The asset rose from approximately $2,600 in May (when BTC hit a new all-time high) to $4,300.
In comparison, the daily net inflow for BTC on the same date was $178.15 million.
It’s also easy to notice the rising inflow volume into ETH, while BTC, despite its high volume, has been showing sporadic spikes in trading that coincide with new price surges. Capital flow into Ethereum appears more stable and consistent, with less capital outflow and significantly higher inflows.
In addition to institutional flow over the past month, ETH has dominated net capital inflows across all networks—followed by some of its own Layer 2s. The same goes for stablecoin market cap dominance by network, with nearly $140 billion.
At the same time, BTC's dominance over the rest of the crypto market has been declining. In recent weeks, its dominance broke below a downward trendline and an old upward channel, and it's now retesting a support region around 60%, which coincides with the 50-week moving average. If this level fails to hold, we could see a stronger move from ETH against BTC.
ETH compared to BTC has broken above the 50-moving average in a strong organic move and is now attempting to break a downward trendline.
With this data, each investor can make their own decision, but this is certainly a moment to keep a close eye on ETH and its movements.
Did this content help you make better analyses? Help us improve and develop more by making a donation.
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Wallet address: 0x3C410D81059bbadf663Bb69C4c7dF60362c546c9
The theory of cryptocurrency market cycles teaches us that the flow of money follows a specific path: 1st Bitcoin, 2nd Ethereum, and 3rd Altcoins.
Since the Halving in April 2024, it's been noticeable that financial volumes—often accompanied by price spikes—have been flowing into Bitcoin (BTC), resulting in higher prices and new all-time highs.
However, in recent weeks, it's become clear that the flow of capital is shifting direction. Ethereum has been gaining a lot of investor attention, perhaps due to its upgrades or perhaps because it’s riding the increasingly popular stablecoin narrative, with projects like Pendle, Ethena, and Aave.
On-chain data shows us the level of investment Ethereum (L1) is receiving. On August 10, 2025, ETH saw a net inflow of $1.02 billion, continuing an upward trend seen in previous bars, which was followed by a price increase. The asset rose from approximately $2,600 in May (when BTC hit a new all-time high) to $4,300.
In comparison, the daily net inflow for BTC on the same date was $178.15 million.
It’s also easy to notice the rising inflow volume into ETH, while BTC, despite its high volume, has been showing sporadic spikes in trading that coincide with new price surges. Capital flow into Ethereum appears more stable and consistent, with less capital outflow and significantly higher inflows.
In addition to institutional flow over the past month, ETH has dominated net capital inflows across all networks—followed by some of its own Layer 2s. The same goes for stablecoin market cap dominance by network, with nearly $140 billion.
At the same time, BTC's dominance over the rest of the crypto market has been declining. In recent weeks, its dominance broke below a downward trendline and an old upward channel, and it's now retesting a support region around 60%, which coincides with the 50-week moving average. If this level fails to hold, we could see a stronger move from ETH against BTC.
ETH compared to BTC has broken above the 50-moving average in a strong organic move and is now attempting to break a downward trendline.
With this data, each investor can make their own decision, but this is certainly a moment to keep a close eye on ETH and its movements.
Did this content help you make better analyses? Help us improve and develop more by making a donation.
My goal is to take a course to become fluent in English and pursue a bachelor's degree in economics to bring even more knowledge to you. I need an average of $6.000 for this.
Wallet address: 0x3C410D81059bbadf663Bb69C4c7dF60362c546c9
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