Bitcoin just posted a +20% weekly surge and reclaimed levels not seen in months, but under the surface, trading volumes are fading, option flow has flipped from calls to puts, and our sentiment index just hit 94%. Meanwhile, Fed Governor Waller’s September 3 speech could decide whether markets start pricing in a rate hike days before the FOMC meets. We break down what the data says, where the real risk sits this week, and how we’re positioning around it.
This Sunday/Monday crypto kickoff walks through the data points driving market structure, flows, and positioning this week, blended with the macro backdrop and technicals that could shift the narrative in the days ahead. It’s a short-term-focused read, grounded in data, interpreted through our lens, and built to prepare you for the week ahead.
Bitcoin vs. its 1-year moving average and various resistance zones
