Image Source: Freepik
 

Good morning Crypto traders! No big changes in the Crypto market since last week, but we still believe that Crypto TOTAL market cap chart is setting up for a larger recovery within wave (C) or (3), as it breaks above the channel resistance line. USDollar Index (DXY) is still pointing lower, while Nasdaq may be completing a bullish triangle consolidation. This suggests that risk-on sentiment remains in play and could persist through September. Keep an eye on further USDollar weakness, as it may continue to drive both stocks and cryptos higher.
 

Crypto TOTAL market cap 4H Chart
 

Bitcoin with ticker BTCUSD is slow and sideways on the intraday basis, which still looks like a corrective movement in wave (B) or (2), so sooner or later we can expect a bigger recovery within wave (C) or (3) at least up to 114k - 117k area for wave (C) or maybe even higher for wave (3).
 

BTCUSD 1H Chart
 

For a detailed view and more analysis, you may want to join our live webinar today on Monday September 08 2025: DIRECT LINK

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