According to @MilkRoadDaily, crypto markets saw about 1.7 billion in liquidations with over 500 million from ETH, representing more than 30 percent of the total, source: @MilkRoadDaily on X, Sep 22, 2025. According to @MilkRoadDaily, ETH is leading the pullback rather than BTC, which they state is another sign the market is deep in altcoin season, source: @MilkRoadDaily on X, Sep 22, 2025.

According to @MilkRoadDaily, crypto liquidations just set the largest total of the year, surpassing the prior $922M peak on Aug 1. source: @MilkRoadDaily on X, Sep 22, 2025. According to @MilkRoadDaily, the newest liquidation wave is nearly double that August figure, marking an aggressive deleveraging across the market. source: @MilkRoadDaily on X, Sep 22, 2025. According to @MilkRoadDaily, the market just got wiped clean, highlighting the scale of forced unwind activity. source: @MilkRoadDaily on X, Sep 22, 2025.

According to @MilkRoadDaily, total crypto market liquidations reached $1.7 billion over the last 24 hours, with more than 400,000 traders affected, source: @MilkRoadDaily. The scale and speed point to a broad deleveraging wave concentrated within a single day, highlighting acute stress across leveraged derivatives positions, source: @MilkRoadDaily.

According to @MilkRoadDaily, only 29 days in Bitcoin’s entire history were unprofitable as of Sep 20, 2025, implying that buys on 99.5 percent of days since launch would be in profit today, source: @MilkRoadDaily. For traders, this data highlights the advantage of time in market and the post explicitly frames the main challenge as holding through volatility, stating that the hardest part of BTC was hodling, source: @MilkRoadDaily. The post does not provide a breakdown by holding period, drawdowns, or fees, so the figures refer to headline historical profitability rather than net returns after costs, source: @MilkRoadDaily.

According to the source, AVAX is on the verge of breaking a 4-year downtrend, source: post dated Sep 20, 2025. A weekly close above $34 would confirm a breakout and set up its first higher high since 2021, source: post dated Sep 20, 2025. The analysis states that a true reversal comes at $56, where the long-term trend would flip, source: post dated Sep 20, 2025. This makes the coming weekly close a key test for AVAX price action, source: post dated Sep 20, 2025.

According to @MilkRoadDaily, Coinbase Head of Research David Duong says macro conditions and rising institutional participation are the primary catalysts that could drive crypto markets sharply higher, urging traders to tune in for details. Source: https://twitter.com/MilkRoadDaily/status/1969198449317793831 Traders can monitor U.S. CPI trends and FOMC policy signals for risk-asset direction, and track spot Bitcoin ETF net flows as a proxy for institutional demand. Sources: https://www.bls.gov/cpi/ https://www.federalreserve.gov/monetarypolicy.htm https://www.farside.co.uk/bitcoin-etf-flows/

According to @MilkRoadDaily, BTC dominance is breaking down in a way last seen during the ICO mania and the DeFi + NFT boom, periods that preceded broad altcoin outperformance (source: @MilkRoadDaily). The source states that this rollover could mark the start of an Altseason 3 if history repeats, implying a potential rotation from BTC into altcoins and relative strength in altcoin pairs (source: @MilkRoadDaily). Traders monitoring BTC.D may treat sustained weakness in bitcoin dominance as a signal for increased altcoin exposure or rotation strategies, noting that this interpretation is attributed to the source (source: @MilkRoadDaily).

According to @MilkRoadDaily, the altcoin season chart that only lights up in bull markets shows the ratio is back at the bottom of its historical range in 2025, implying the real altseason may not have started yet source: @MilkRoadDaily on X, Sep 19, 2025, https://x.com/MilkRoadDaily/status/1969106745600721241. They add that in the 2017 and 2021 cycles this ratio lit up in the middle to late phase, positioning today’s reading as early-cycle for altcoins source: @MilkRoadDaily on X, Sep 19, 2025, https://x.com/MilkRoadDaily/status/1969106745600721241. For traders, this suggests waiting for a sustained turn-up in the ratio before overweighting altcoins, aligning entries with the indicator’s bull-market confirmation described in the post source: @MilkRoadDaily on X, Sep 19, 2025, https://x.com/MilkRoadDaily/status/1969106745600721241.

According to @MilkRoadDaily, TOTAL2—the market cap of all crypto excluding BTC—has returned to its 2021 highs, marking a pivotal resistance for altcoin season breadth, source: @MilkRoadDaily. A decisive break and sustained hold above this area would signal a broad altcoin breakout rather than a majors-only rally, source: @MilkRoadDaily. Conversely, failure to reclaim and hold would likely keep the bull market narrow and concentrated in large-cap leaders, source: @MilkRoadDaily.

According to @MilkRoadDaily, Aave now has $30.5B in outstanding loans, while the next largest protocol, Morpho, has $4.3B. Source: @MilkRoadDaily on X, Sep 19, 2025. The roughly $26.2B gap exceeds the entire DeFi lending market size a year ago as stated by the source. Source: @MilkRoadDaily on X, Sep 19, 2025. For traders, this concentration makes Aave the primary venue for on-chain borrow-rate discovery; monitoring utilization, borrow APYs, and liquidation metrics on Aave can inform risk and pricing decisions. Source: Aave Protocol documentation on utilization-based interest rate model.

According to @MilkRoadDaily, Aave’s outstanding loans have reached $30.5B, placing it at the top of DeFi lending by active credit exposure. According to @MilkRoadDaily, Morpho stands at $4.3B, implying a $26.2B gap between Aave and the next largest protocol. According to @MilkRoadDaily, that gap alone is larger than the entire DeFi lending market a year ago. Based on @MilkRoadDaily figures, Aave’s loan book is roughly 7.1 times Morpho’s ($30.5B vs $4.3B), a scale traders can use to gauge relative liquidity depth and borrowing conditions for AAVE-linked markets.

According to @MilkRoadDaily, staking-focused crypto sectors led 30-day performance as investors chased on-chain yield, highlighting a rotation toward income-generating tokens, source: @MilkRoadDaily. AI-related tokens continued to rally on momentum from the dominant tech narrative, reinforcing sector leadership over the past month, source: @MilkRoadDaily. NFTs and smart contract platforms posted steady climbs, signaling broader market participation beyond headline narratives, source: @MilkRoadDaily. Memecoins remained persistent performers, indicating risk appetite is still present within retail-driven segments, source: @MilkRoadDaily.

According to @MilkRoadDaily, staking is currently leading as investors chase on-chain yield, AI-linked crypto assets are riding the dominant tech narrative, NFTs and smart contract platforms are quietly climbing, and memecoins remain active and resilient; source: @MilkRoadDaily on X, Sep 19, 2025. For trading, this highlights near-term sector momentum toward yield-bearing staking plays and AI-narrative tokens while signaling ongoing liquidity in memecoins and improving interest in NFTs and smart-contract ecosystems; source: @MilkRoadDaily on X, Sep 19, 2025.

According to the source, US rate cuts have begun, creating a divergence where macro turns risk-on while crypto signals caution, so position sizing should wait for market confirmation rather than headlines, source: interview featuring @JustDeauIt shared on X, Sep 19, 2025. Key watch items highlighted are BTC performance versus global USD liquidity for timing beta exposure, exchange net flows turning positive as confirmation, and ETH leadership over BTC before rotating into higher-beta alts, source: interview featuring @JustDeauIt shared on X, Sep 19, 2025. GDP and bank lending softness are cited as context for why the Fed is cutting, while equities shifting to risk-on provides a supportive backdrop once crypto microstructure improves, keeping the stance bullish but careful, source: interview featuring @JustDeauIt shared on X, Sep 19, 2025. The discussion also covers a Bitcoin cycle update and names to monitor such as KGeN and Figure Markets as part of the broader market landscape, source: interview featuring @JustDeauIt shared on X, Sep 19, 2025.

According to @MilkRoadDaily, Forward Industries (FORD) surged to a $3.1B market cap, immediately surpassing the combined market value of other Solana (SOL) treasury companies, source: @MilkRoadDaily on X, Sep 19, 2025. @MilkRoadDaily reports the SOL treasury sector had stayed below $2B for months, indicating rapid capital rotation into Solana treasuries, source: @MilkRoadDaily on X, Sep 19, 2025. @MilkRoadDaily asserts that this flow backdrop suggests SOL may move higher, making SOL exposure a key trade to watch, source: @MilkRoadDaily on X, Sep 19, 2025. Based on the reported rotation, traders can monitor FORD volume, SOL spot volume, SOL versus BTC relative strength, and perpetual funding rates to validate continuation before positioning, source: @MilkRoadDaily on X, Sep 19, 2025.

According to @MilkRoadDaily, ETH is on track for its best Q3 ever as of Sep 19, 2025, indicating Ethereum’s Q3 2025 performance is outpacing all prior Q3 periods (Source: @MilkRoadDaily on X, Sep 19, 2025). For trading relevance, this record Q3 setup is being monitored into the quarter-end close for confirmation of the trend before positioning, with focus on Q3 daily/weekly closes to validate the claim and manage exposure accordingly (Source: @MilkRoadDaily on X, Sep 19, 2025).

According to @MilkRoadDaily, a decisive move by ETH above $5,000 could trigger broad risk-on flows down the crypto risk curve, favoring higher-beta altcoins if the level is reclaimed and held, source: @MilkRoadDaily. The $5,000 threshold sits just above Ethereum’s prior all-time high near $4,868 from November 2021, making it a major psychological and technical resistance that often attracts momentum once broken, source: CoinMarketCap; source: Investopedia. Traders commonly seek confirmation via strong daily or weekly closes above resistance with rising spot/perp volumes and supportive derivatives signals such as sustainable funding and rising open interest to reduce false-breakout risk, source: Investopedia; source: Binance Academy.

According to @MilkRoadDaily, the Federal Reserve has cut rates and AI models characterize the policy stance as the most dovish since 2021 (source: @MilkRoadDaily). According to @MilkRoadDaily, leadership within crypto is concentrated in staking, AI tokens, NFTs, smart contracts, and meme coins, signaling a broad risk-on tone that could extend into Q4 (source: @MilkRoadDaily). Based on @MilkRoadDaily's assessment, traders can track momentum in those highlighted sectors and use BTC and ETH as liquidity and trend benchmarks when planning Q4 positioning (source: @MilkRoadDaily).

According to @MilkRoadDaily, stablecoin supply on Ethereum (ETH) hit an all-time high of $168B, source: @MilkRoadDaily (X, Sep 18, 2025). The account reports this level is more than double Tron and over 14 times Solana, indicating a heavier concentration of on-chain dollar liquidity on ETH versus those networks, source: @MilkRoadDaily (X, Sep 18, 2025). @MilkRoadDaily adds that where stablecoins concentrate, trading activity and capital rotation tend to follow, framing this as a liquidity signal for traders focused on ETH-based markets, source: @MilkRoadDaily (X, Sep 18, 2025).

According to Milk Road (@MilkRoadDaily) on X, posted Sep 18, 2025, BNB broke to a new all-time high and traded above 1000; source: twitter.com/MilkRoadDaily/status/1968592944002482269