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Renowned trader Killa stated that the current Bitcoin trend has clearly shifted, yet we are still at the peak stage of the "market skepticism bull market."In the 2023 bull market, if one went long every time there was a sweep below the "established low" (meaning a low that has been confirmed by the market and has shown support), the price only dropped a maximum of 8% below that low; in some cases, it only dropped 4-5% before immediately rebounding.Our current "established low" is 82.5K; based on historical performance, the expected downward deviation will be very small. Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at 74,688 USD and turned to long during the market-wide decline on June 5.

Variant Fund investment partner Alana Levin stated in her market thoughts for Q4 2026 that the bottom of the crypto market likely occurred at some point in July. She wrote in early July that the bottom seemed close, with Bitcoin at $59,000, Ethereum at $1,600, and ZEC at $420. She mentioned that the question has shifted to whether the bull market is genuinely starting or if it's a false rally, and which projects will benefit the most in the early bull market, assuming the market is in the early stages of a new crypto bull market.Levin indicated that the increasingly formed consensus is that marginal funds are most likely to flow into value storage protocols as currency and protocols that can generate income. She believes Bitcoin is the dominant asset for digital value storage currently, while other competing assets may be valued based on their market capitalization relative to Bitcoin's market cap and its changes. For income-generating protocols, she expects investors to examine whether the income comes from crypto-native activities (like Pump) or traditional financial activities (like Hyperliquid), whether it persists during market downturns, and profit margins; projects with exposure to real-world assets and stablecoin growth, which are expected to attract institutional users and are still led by founders after surviving a bear market, are more likely to achieve higher multiples.She also categorized on-chain projects that can benchmark against non-crypto businesses as a third category, believing that most belong to narrative trading rather than long-term investment. Themes include routing, reasoning, computing power, data collection, and interface-related directions in artificial intelligence, and she is skeptical about whether most scenarios require blockchain; if such projects significantly outperform, she would view it as a signal of nearing the top.

Cryptocurrency analyst tedpillows stated: Bitcoin looks set to ultimately close above the 50-week moving average.He mentioned that Bitcoin only needs to break through $83,000 to confirm that the bottom has been reached.

Famous analyst Willy Woo uses the Fisher Transform indicator to analyze BTC monthly charts, pointing out that the current golden cross appearing under this indicator is the fourth bottom signal in history, with the previous three not showing false breakouts. However, Willy Woo emphasizes that this is not an immediate reversal buy signal; the price may first consolidate before continuing in the original direction. In bull markets, there have also been instances where the Fisher indicator showed a death cross indicating bearishness, followed by a golden cross indicating bullishness, yet the market did not end.Willy Woo views tops and bottoms separately: at the top, long-term investors retreat from buying, while speculative trading continues to push prices higher. The market relies on momentum to continue rising but lacks substantial long-term support, leading to frequent false turning points. Therefore, his approach is to reduce positions in batches rather than predict an exact major top. At the bottom, the decline creates a vacuum in buying, and speculative trading exits. When prices drop to levels that investors consider valuable, buying re-enters, and at this point, speculative trading is scarce, making reversals cleaner. Thus, many indicators are clearer at the bottom than at the top.

According to The Block, Grayscale's research director Zach Pandl stated that the approximately $58,000 low reached around June 30 remains his assessment of the bottom of the current bear market phase, and Grayscale is currently advising clients to allocate Bitcoin.Pandl mentioned in an interview with The Block during the Avalanche summit in New York that they have maintained the view that $58,000 is the bottom of this bear market phase for the past few months. This assessment echoes the comments made by Coinbase CEO Brian Armstrong, who stated on September 10 that Bitcoin has bottomed out in the current cycle and expects a sustained upward trend for the next two years.Pandl stated that Grayscale uses a three-part framework to assess whether clients should allocate Bitcoin, including long-term structural trends, market cycle phases, and macro context. He believes that all three conditions are currently met, thus giving clients the "green light" to allocate Bitcoin. As of Thursday morning, Bitcoin was above $76,000, up 0.8% in 24 hours, but still down about 39% from its historical high of approximately $126,000.Pandl also compared Bitcoin with Zcash, noting that Grayscale has offered investment products for Zcash for about nine years. He believes that Zcash occupies an "underutilized and unexplored design space," rather than directly competing with Bitcoin, and pointed out that as artificial intelligence becomes more powerful, privacy issues are receiving more attention, with Zcash providing investors a way to express their views on personal and financial privacy.

Cryptocurrency analyst Willy Woo stated, "I personally believe the probability of the cryptocurrency market hitting the bottom is 90%. Based on the liquidity of long-term investors returning, we are currently in an early bull market structure. The core of the judgment is the liquidity structure of BTC; there is an intention to avoid historical cyclical patterns, although these cyclical patterns have performed exceptionally well in determining market bottoms so far. According to cyclical patterns, the consensus probability among other analysts is about 40%.From the perspective of liquidity structure, we are currently in an early bull market, and the market bottom has likely already occurred. If this judgment is correct, then there is another question: how long will this bull market last? Will it last for 3 years? I wouldn't necessarily bet on that, as historical cyclical patterns are gradually losing effectiveness. As long as the inflow of investor funds does not show significant weakness, the bull market structure will continue, but the duration is currently uncertain."

CryptoQuant analyst CW8900 stated that Bitcoin is breaking through the bottom and starting a bullish trend. The spent output profit ratio (SOPR) of long-term holders (LTH) is rising above 1, and the market is shifting from a bearish phase to a neutral one, initiating a comprehensive upward trend.He emphasized that in this cycle, the SOPR has not yet exceeded 6, while historically, cycle tops usually form within this range. This means that long-term holders have not yet experienced a profit-taking phase, and a true bull market rally has not yet occurred. Everything prior has been a preparatory phase for the current upward trend, with LTH holdings at historically high levels and continuing to increase until recently. He believes that the real upward trend is starting now, and the cycle top will appear in the profit-taking range when the SOPR exceeds 6.

"BTC OG Insider Whale" agent Garrett Jin released a market perspective stating that Bitcoin bulls are currently in an unfavorable position, with BTC continuing to hover above $76,500.Garrett Jin expressed that he is not optimistic about the current prolonged bottoming market, believing that the longer the consolidation period, the more likely BTC is to break below the $76,500 support and further seek lower support levels, rather than immediately reversing.He pointed out that if Bitcoin wants to show a stronger trend again, it needs to at least regain and maintain above $78,300.

BitMine Chairman Tom Lee stated that the cryptocurrency market will enter an extremely bullish phase in the next 12 months. He believes that the market experienced over $19 billion in leveraged position liquidations on October 10 last year due to the U.S. threatening to impose a 100% tariff on China, and a large amount of borrowed funds has been cleared, suggesting that the bottom of the cryptocurrency market's four-year cycle may appear next month.Tom Lee is also optimistic about the long-term opportunities brought by asset tokenization. He estimates that if $100 trillion in assets migrate on-chain in the future and generate 1% in revenue, it could produce about $1.1 trillion in annual revenue, corresponding to a market opportunity of about $20 trillion based on traditional business valuations.However, BitMine currently holds 5.93 million ETH, with related positions showing a paper loss of about $5 billion. Fundstrat has continuously advised clients to allocate 2% of their portfolios to cryptocurrency assets over the past decade; Tom Lee stated that in the accounts of clients who adopted this advice, cryptocurrency assets currently account for over 85% of their portfolios.

CoinDesk cites the opinion of Tom Lee, co-founder and chief investment officer of Fundstrat Global Advisors, stating that the cryptocurrency market will be "very bullish" in the next 12 months.Tom Lee indicated that the excess leverage was cleared out last October, and the four-year cycle will bottom out next month.

CryptoQuant analyst Darkfost stated that the supply ratio of long-term Bitcoin holders has significantly increased during this pullback, with many traders buying and holding for over 6 months during the dip.This is a common global behavior during bear markets or significant pullbacks, where long-term holders have much lower Bitcoin liquidity, helping to form a solid bottom support. This is a positive signal on a long-term level, slowly accumulating.

According to on-chain analyst Ai Yi's monitoring, UNI has rebounded 98% from the bottom this month. The new address 0xc86...F4972 withdrew 676,874 UNI from Binance 2 hours ago, worth 4.277 million dollars, at an average price of 6.32 dollars.

SWIFT service provider Bottomline announced a collaboration with the blockchain infrastructure project Chainlink to enable over 600 bank clients in its network to access blockchain-based cross-border settlements. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 enterprises.Through this integration, banks can continue to use the ISO 20022 standard to send payment instructions, with Chainlink's infrastructure connecting the instructions to blockchain settlements. Chainlink's Cross-Chain Interoperability Protocol (CCIP) supports the transfer of tokenized value across different blockchain networks, while Chainlink's Runtime Environment (CRE) is responsible for payment processes, transaction routing, and operational change coordination.CCIP has been recording mainnet activity since July 2023 and is currently connected to over 60 blockchain networks. Chainlink's Project Pangea has covered more than 50 banking institutions in Europe and South Korea, with participants managing assets totaling over $10 trillion, and the project's goals include achieving T+0 settlement for foreign exchange transactions.

According to Cointelegraph, BitMEX founder Arthur Hayes (@CryptoHayes) recently expressed a bullish view on Ethereum, pointing out that ETH had previously been heavily sold off by the market and was almost "forgotten," but its ratio against Bitcoin has recently shown a significant rebound, which he believes is a signal of the market's reawakening.

According to Jinshi reports, the main theme of this week's market is dominated by changes in expectations regarding Federal Reserve policy. After Federal Reserve Chairman Waller's speech on Friday, the dollar quickly surged, closing at 99.69, up 0.85% for the week. Against the backdrop of rising U.S. Treasury yields and a stronger dollar, gold faced overall pressure, falling 3.24% for the week; spot silver dropped 3.82% this week.Here are the key points the market will focus on in the new week (all in Beijing time): Monday is pending, the G20 finance ministers and central bank governors meeting will be held until September 1; Tuesday at 17:00, Eurozone August CPI data; Eurozone July unemployment rate; Tuesday at 22:00, U.S. August ISM Manufacturing PMI, U.S. July JOLTs job openings, U.S. July construction spending month-on-month; Tuesday is pending, the 2026 SCO member states heads of state council meeting will be held; Wednesday at 20:15, U.S. August ADP employment change; Wednesday at 22:00, U.S. July factory orders month-on-month; Thursday at 02:00, the Federal Reserve will release the Beige Book on economic conditions; Thursday at 16:00, Eurozone August Services PMI final value; Thursday at 17:00, Eurozone July PPI month-on-month; Thursday at 20:30, U.S. initial jobless claims for the week ending August 29, Federal Reserve Governor Waller will be interviewed; Friday at 03:00, 2026 FOMC voting member Harker will deliver an opening speech at the "Federal Reserve Community" event; Friday at 20:30, U.S. August unemployment rate, U.S. August seasonally adjusted non-farm payrolls, U.S. August average hourly earnings year-on-year and month-on-month.The highlight of next week's data will be the U.S. August employment report on Friday. This report is the last employment data before the September 16 interest rate meeting and is a key window to assess the policy path after Waller's hawkish stance. Previously, Nvidia's strong performance and an expected revenue growth of about 70% for the next fiscal year have reignited enthusiasm for AI trading. Dell (DELL.O) will release its second-quarter earnings report after the market closes on Tuesday (September 1), with the market expecting an adjusted earnings per share of $4.91, more than doubling from the same period last year. Broadcom (AVGO.O) will release its third-quarter earnings report for fiscal year 2026 after the market closes on Wednesday (September 2).

Renowned trader Killa stated tonight that data from several bull and bear cycles of Bitcoin indicates that the depth of the bear market is gradually becoming shallower, and the bottom of this cycle may have already formed. The expectation of some latecomers for Bitcoin to "drop to $50,000 in October" is almost impossible.However, Killa also pointed out that if Bitcoin were to drop to $61,000, the expected value of long position liquidations could reach $20 billion. Market makers have the motivation and possibility to liquidate long positions and re-establish them. Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Fidelity Global Macro Research Director Jurrien Timmer stated that Bitcoin has maintained its power law curve bottom and has adjusted long enough to meet the time factor of the four-year cycle.

At the Bitcoin Asia Conference, Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated that the bottom of Bitcoin has already appeared, and the opportunity moment for Asia has arrived. He pointed out that the past few cycles belonged to the West, while the first Asian cycle has begun.Gerovich revealed that since Metaplanet shifted from hotel and technology businesses to Bitcoin reserves in 2024, it currently holds approximately 43,000 Bitcoins, valued at about $3.3 billion. He emphasized that Japanese households hold about $14 trillion in financial assets, with approximately half stored in nearly zero-yield bank deposits, and these savings are looking for new destinations.Gerovich called on Asian businesses, institutions, and savers to seize the current market conditions and build Bitcoin infrastructure in their respective regions. He stated that the end of cash hoarding strategies coinciding with the introduction of new regulatory rules together constitute the biggest opportunity in today's Asian market.

Crypto analyst Ali Charts posted on platform X that Bitcoin's current trend is highly similar to the bottoming pattern in 2023. In 2023, Bitcoin broke the downward trend and tested the previous high in August, then retraced to around $20,000 before starting to rise.It seems that a similar structure is forming now, with a key observation level near $83,000 around the high in May 2026.

Bitget has launched the second phase of its U.S. stock bottom-fishing interest-earning product FCN (Fixed Coupon Note). The discount rate for this phase is 20%, with the underlying assets and reference APR range: MicroStrategy MSTR 19%--25%, SK Hynix SKHY 14%--17%, SpaceX SPCX 13%--16%.In addition, Bitget's limited-time cashback event is ongoing. Users can receive corresponding cashback rewards after their cumulative subscription amount reaches specified tiers, with a maximum of 10,000 USDT per person. The event ends on September 18, and more details can be found on the Bitget official platform.It is reported that Bitget FCN (Fixed Coupon Note) is a type of structured financial product linked to a single U.S. stock rToken. Users can subscribe using USDT and choose the target U.S. stock, and the buying execution price for the current product will be determined based on the U.S. stock closing price on the fundraising end date * discount rate. Upon maturity, if the observation price is not lower than the execution price, the USDT principal and fixed interest will be returned; if it is lower than the execution price, the principal will be converted into the corresponding rToken at the execution price, while still receiving fixed interest.