According to @glassnode, the recent all-time high marked the third euphoric phase of this cycle. Source: Glassnode, X, Sep 4, 2025. @glassnode reports that price has retraced into the 0.85-0.95 quantile cost basis band. Source: Glassnode, X, Sep 4, 2025. @glassnode adds that this zone often precedes sideways consolidation before the next major trend, implying range-bound conditions where traders can monitor breakouts beyond the 0.85-0.95 band to confirm direction. Source: Glassnode, X, Sep 4, 2025.

According to @CryptoMichNL, most altcoins have not yet broken crucial moving averages or their prevailing downtrends, and he intends to go maximum long once those trend breaks confirm. Source: @CryptoMichNL on X, Aug 28, 2025. He expects these breakouts to occur within 4–6 weeks, signaling traders to watch for MA reclaim and trend-break confirmations as entry triggers for altcoins. Source: @CryptoMichNL on X, Aug 28, 2025.

According to AltcoinGordon, traders should remain vigilant as the market is currently in an observation phase, suggesting heightened volatility and potential entry signals (source: AltcoinGordon on Twitter, May 4, 2025). This monitoring stance indicates that immediate trading decisions may be premature, but active observation could help identify breakout opportunities or trend reversals as they develop.