August is over, and we’re diving into fall

August officially closed with BTC up 25%—the best month since February 2024. And to the younger members of our audience, happy Knowledge Day—learning is power (including in crypto) 👍

Looking at the charts and the market over the past 24 hours, the situation hasn’t changed: expectations and targets remain the same. Inflows into ETH have resumed, retail activity has dropped slightly, and leverage has increased.

Things are heating up in Intraday: the market is offering plenty of opportunities to trade. On-chain, there’s practically a mini-alt season on Robinhood, and BSC is trying to keep up as well. So while the opportunities are there—you need to capitalize on them.

The key is not to get carried away and to remember to take profits. As for the on-chain season, we may already be approaching the peaks.

A similar situation occurred during the last BSC season: lots of early-stage projects on X-chains, listings on exchanges—and after that, the market made its final move and the rally ended.

Just to give you an idea of what's going on with Robinhood 👀

Currently, 86% of all tokens in the top 500 are listed on Robinhood.

DEX trading volumes are hitting new highs, already at $1.47 billion per day, practically overtaking Solana.

⚠️A hacker drained an estimated $75 MILLION from a Cronos lending protocol, forcing the entire blockchain to HALT in the middle of the attack.

The attacker reportedly drove up the price of Tectonic’s thinly traded TONIC token 100-fold in just 20 minutes, then used the inflated collateral to borrow millions in other assets.

Cronos froze the network before most of the funds could be withdrawn, leaving roughly $69M trapped on-chain while only about $6M was transferred to Ethereum.

Tectonic had roughly $122M in TVL and $83M in active loans before the exploit. The $75M estimate has not yet been independently confirmed by Tectonic or Cronos.

Crypto.com says its app and exchange were not compromised, while its security team is assisting with the investigation.

❓ Will we break another pattern in this cycle?

Every time BTC closed August in the black, September followed with a loss.

In August, Bitcoin took the top spot among all assets, surpassing even sugar and cocoa. And this is despite the fact that August is historically considered one of the worst months for Bitcoin.

The last time this happened was in 2024.

The bears did everything they could, but in the end, they were only able to recoup February’s losses in June and July😏

Now take a look at what the bulls did in August → they closed the monthly candle above the EMA9 and EMA21! That’s truly impressive.

$1,000 invested 15 years ago today would be worth:

• Bitcoin: $8,970,000
• Nvidia: $735,000
• Tesla: $231,000
• Apple: $29,000
• S&P: $8,400
• Gold: $2,150

🔥$170M in shorts were liquidated over the past 24 hours.

Polymarket officially launches perpetual futures trading with up to 20x leverage for crypto, stocks, indices and commodities.

Just in case, I’m also duplicating the answers to the most frequently asked questions. If you have any more, don’t hesitate to ask. @realcryptomonarch

1. What's the approximate profit per cycle? - 10% of the deposit amount.

2. What if your funds aren't in ETH but in USDC or any other coin? - Just buy ETH on your exchange. I thought this was obvious, but people keep asking. You can buy ETH with any currency you have and start arbitrage!

3. How long does the price difference last? - I can't answer that precisely, as it always varies, but today I think you have about 2 more hours.

4. How many cycles can you do? - There are no limits here, as they can be extended as long as the price difference exists, and even in the worst-case scenario, you won't lose anything , you'll simply end up with the same amount you started the cycle with.

5. Do I need KYC and how long does registration take? - No, you don't. Registration takes about 5 minutes, after which you can start trading immediately.

I hope this post has made someone's life easier, and don't waste your time. Such signals are rare, and anyone can make money now. I've made over $9,000 in the last hour

🇺🇸 The National Sheriffs’ Association drops its opposition to the CLARITY Act, shifting its position to neutral.

$135,000,000,000 added to the crypto market cap in the past 24 hours.

⚡Elon Musk confirms that you'll be able to plug you Play Station or Xbox into your Tesla.