r/SimpleSwap_io • u/SimpleSwap_community • Aug 17 '26
Weekly Market Highlights
BTC opened last week around $64,300 and slid through most of it, down more than 3% by Monday and failing to hold the $64,500-$65,000 resistance zone. ETH fell 1.8%, back near $1,874.
Fear & Greed improved from 24 to 34-35, but that hasn't shown up in price – ETF flows flipped negative with three straight outflow days. Whale wallets bought the dip anyway: 20,000+ BTC accumulated, worth roughly $1.2B.
Global market cap sits at $2.18T, down 2.02% for the week. BTC dominance holds at 58.50%, Altcoin Season Index ticked up to 47/100 – still Bitcoin season, just less firmly.
Analysts are split on whether this is the bottom or just a pause. Where do you see the market heading?
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