On August 22, Grayscale published a statement indicating that this week could mark a turning point for Bitcoin. Historical data shows that Bitcoin typically bottoms out after falling about 80% from its cycle peak. In the recent bear market, Bitcoin has dropped about 50% from its cycle high, which is less than the declines seen in all previous cycles. There has been ongoing market speculation about whether Bitcoin will experience a new downturn in the fourth quarter of 2026. Although risks remain in the market, this week's rise may suggest that Bitcoin has formed a more solid bottom.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Grayscale: Bitcoin May Have Reached Bottom, This Week's Rise is a Key Signal for Cycle Reversal
-
Wechat scan to share
Recommended for you
-
Whale Transfers 1,727 Bitcoins Worth $133 Million to Binance
According to monitoring by Bitcoin News, a whale has transferred 1,727 bitcoins, valued at $133 million, to Binance. -
A Whale Transfers 1,727 Bitcoins Worth $133 Million to Binance
According to monitoring by Bitcoin News, a whale has transferred 1,727 bitcoins to Binance, valued at $133 million. -
Canadian Prime Minister: Tariff Measures Against the U.S. to Take Effect on September 8
On August 22, Canadian Prime Minister Carney announced that Canada's tariff measures against the United States will take effect on September 8. (Jin Ten) -
Canadian Prime Minister: Tariff Measures Against the U.S. to Take Effect on September 8
On August 22, Canadian Prime Minister Carney announced that Canada’s tariff measures against the United States will take effect on September 8. (Jin Shi) -
Over $1.244 Billion Liquidated in 24 Hours, Majority in Long Positions
On August 22, according to CoinGlass data, the total liquidation amount in the cryptocurrency market reached $1.244 billion in the past 24 hours, with long positions accounting for $744 million and short positions for $500 million. A total of 246,203 individuals were liquidated. Among them, the liquidation amount for BTC was approximately $194 million, for ETH about $277 million, for SOL around $104 million, for XRP about $123 million, for ZEC approximately $66.77 million, and other assets totaled about $479 million in liquidations. The largest single liquidation in the past 24 hours occurred on the BTC-USD trading pair on Hyperliquid, valued at approximately $24.96 million. -
Over $1.244 Billion Liquidated in the Last 24 Hours, Primarily Long Positions
On August 22, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $1.244 billion, with long positions accounting for $744 million and short positions for $500 million. A total of 246,203 individuals were liquidated. Among them, the liquidation amounts were approximately $194 million for BTC, $277 million for ETH, $104 million for SOL, $123 million for XRP, and about $66.77 million for ZEC, with other assets totaling approximately $479 million in liquidations. The largest single liquidation occurred on the Hyperliquid BTC-USD trading pair, valued at approximately $24.96 million. -
Grayscale: Bitcoin May Have Hit Bottom, This Week's Rise Signals Key Cycle Reversal
On August 22, Grayscale published an article indicating that this week could mark a turning point for Bitcoin. Historical data shows that Bitcoin typically bottoms out after falling about 80% from its cycle peak. In the recent bear market, Bitcoin has dropped about 50% from its cycle high, which is less than in all previous cycles up to this point. There has been ongoing market speculation about whether Bitcoin will experience a new round of declines in the fourth quarter of 2026. Although risks remain in the market, this week's rise may suggest that Bitcoin has formed a more solid bottom. -
TAO Falls Below $220
Market data shows that TAO has fallen below $220, currently priced at $219.9, with a 24-hour decline of 5.22%. The market is experiencing significant fluctuations, so please ensure proper risk management. -
TAO Falls Below $220
Market data shows that TAO has fallen below $220, currently priced at $219.9, with a 24-hour decline of 5.22%. The market is experiencing significant volatility, so please ensure proper risk management. -
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments