According to @GreeksLive, the crypto market is in a pronounced downtrend (source: @GreeksLive). According to @GreeksLive, BTC short-term implied volatility has surged to 40% and ETH short-term IV to 70% (source: @GreeksLive). According to @GreeksLive, this jump in short-term IV reflects heightened expectations for volatility this week (source: @GreeksLive).

According to @CryptoMichNL, altcoins remain in the longest bear market in history and market conditions are still terrible, based on his X post dated Aug 30, 2025 (source: @CryptoMichNL on X, Aug 30, 2025). He reports his altcoin portfolio is down more than 50%, highlighting continued underperformance and weak sentiment in the altcoin segment (source: @CryptoMichNL on X, Aug 30, 2025). He asks when the trend will turn but provides no timeframe or catalysts in the post, indicating timing for an altcoin run remains uncertain (source: @CryptoMichNL on X, Aug 30, 2025).