Analyst Says Charts Look ‘So Bearish That They’re Bullish,’ as Pepenode Gets the Investors’ Attention

Source Bitcoinist

Crypto analyst Alex Krüger stated that crypto charts ‘look so broken and bearish that is bullish.’

According to the analyst, the recent $BTC and $ETH crash signals it’s time to go long. The charts are also looking good for alt coins:

Notice how today’s move was mainly BTC and ETH getting dumped, while alts stopped crashing earlier. Often a sign of upcoming strength.

—Alex Krüger, X post

According to Krüger, the current bear trend is just a psychological game triggered by investors taking in profits before the next Federal Open Market Committee (FOMC) meeting on Sept. 16-17.

That’s when the Fed decides whether to cut interest rates or not, which is likely to happen. A positive decision would reduce the cost of borrowing and add liquidity, increasing trust in high-risk assets like crypto.

A bullish market would also catapult alt projects like PepeNode ($PEPENODE) into the mainstream’s view.

Thanks to this project’s long-term potential and investor appeal, the $PEPENODE token could soar later this year as retail turns towards smaller caps to diversify.

The Top Coins Still Hold Strong

The top cryptos look strong, with Bitcoin hovering around the $108K mark, Ethereum pushing above $4.4K, and XRP shooting for recovery in the last 24 hours, hoping to jump past $2.8 again.

Recent market stagnation stagnation, especially with Bitcoin, which has remained stable around the $108K mark since August 29, suggests that the bearish outlook could be misleading. In reality, we may have a bull push coming soon, possibly this week.

The FOMC has three more meetings left this year, the closest one being on September 16-17, when the committee will decide whether to cut the interest rates.

The likelihood of it happening is rather high given Trump’s explicit support, as the president believes that lower interest rates will revitalize the housing market and, implicitly, the economy as a whole.

Chair Jerome Powell hinted at a potentially favorable decision as well, while admitting, at the same time, that the risk of inflation is still somewhat high.

So, we may still see Bitcoin pushing to a new ATH soon, at which point the entire market will follow suit.

That’s when alts like PepeNode ($PEPENODE) will likely grab the investors’ attention. Thanks to its utility and engaging presale, this emerging meme coin has already broken past a $500K fundraising milestone.

PepeNode ($PEPENODE)’s Mine-to-Earn Game Lets You Compete for Meme Coin Rewards

PepeNode ($PEPENODE) is the only presale that lets you join its P2E game before the token generation event.

Available off-chain throughout the ICO, this early version gives you an early score boost before the platform moves onto Ethereum.

This explains how the presale managed to raise over $500K in just a month after its release date on August 1.

If you make it among the top players, you’ll get real meme coin rewards when the platform migrates on-chain.

$PEPENODE presale information and game teaser.

If you want to start mining, the process is simple and intuitive. You only need to buy your nodes, build your facility, and start mining. You can upgrade your virtual mining rig later on for a higher throughput as well.

PepeNode also comes with spoils early investors, boasting a dynamic staking APY of 3,188% to incentivize early organic engagement.

Plus, early in-game nodes have a higher throughput than those set up later on, which also ensures early adopters get a leg up.

If you want to buy your ticket into the PepeNode ecosystem, you can buy $PEPENODE at the presale price of $0.0010366.

Our analysts’ price prediction for $PEPENODE puts the token at $0.0023 by the end of the year. That would make for an ROI of 121% soon after launch.

Visit the $PEPENODE presale for more details.

Will a Favorable Fed Decision Kickstart the Alt Season?

A favorable Fed decision could likely contribute to the long-awaited alt season this year.

Things can only ramp up if Bitcoin decides to go crazy, which may very well happen.

In that case, alt projects like PepeNode ($PEPENODE) will see an influx of new investors, fueling potential price spikes for emerging alt coins in late 2025.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD declines below $3,450, Fed rate cuts bets might cap its lossesThe Gold price (XAU/USD) trades in negative territory near $3,440 during the Asian trading hours on Monday.
Author  FXStreet
9 hours ago
The Gold price (XAU/USD) trades in negative territory near $3,440 during the Asian trading hours on Monday.
placeholder
Japanese Yen reverses intraday downtick against USD; seems poised to appreciate furtherThe Japanese Yen (JPY) struggles to capitalize on its modest Asian session uptick and remains below mid-147.00s at the start of a new week.
Author  FXStreet
8 hours ago
The Japanese Yen (JPY) struggles to capitalize on its modest Asian session uptick and remains below mid-147.00s at the start of a new week.
placeholder
Gold rallies to over four-month top amid Fed rate cut bets, weaker USD, geopolitical risksGold gains strong follow-through traction at the start of a new week and jumps to the $3,486 area, or the highest level since April 22, during the Asian session.
Author  FXStreet
6 hours ago
Gold gains strong follow-through traction at the start of a new week and jumps to the $3,486 area, or the highest level since April 22, during the Asian session.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP downtrend eases, focus shifts to recoveryBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) start the week on a cautious note after sharp declines in the previous week. BTC hovers around $107,600 at the time of writing on Monday, while ETH and XRP defend their key support levels.
Author  FXStreet
5 hours ago
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) start the week on a cautious note after sharp declines in the previous week. BTC hovers around $107,600 at the time of writing on Monday, while ETH and XRP defend their key support levels.
placeholder
WLFI sees 530% surge in derivatives volume to $4.6B ahead of unlockThe WLFI derivative volume surged above 530% to over $4.6 billion ahead of the token unlock scheduled for Monday, September 1. 
Author  Cryptopolitan
3 hours ago
The WLFI derivative volume surged above 530% to over $4.6 billion ahead of the token unlock scheduled for Monday, September 1. 
goTop
quote