{"id":44940,"date":"2025-08-30T21:31:39","date_gmt":"2025-08-30T21:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44940"},"modified":"2025-08-30T21:31:39","modified_gmt":"2025-08-30T21:31:39","slug":"crypto-charts-look-so-broken-and-bearish-theyre-bullish-ahead-of-fed-meeting-says-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44940","title":{"rendered":"Crypto Charts Look ‘So Broken and Bearish They\u2019re Bullish’ Ahead of Fed Meeting, Says Analyst"},"content":{"rendered":"
\n

Crypto analyst and macroeconomist Alex Kr\u00fcger thinks the market looks ugly enough to turn bullish.<\/p>\n

On Saturday, Kr\u00fcger wrote on X<\/a>, that \u201cmost crypto charts now look so broken and bearish that it\u2019s bullish.\u201d He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not be far behind.<\/p>\n

The bearish charts<\/h3>\n

Kr\u00fcger attached a series of charts from Binance and derivatives dashboards. <\/p>\n

They included bitcoin (BTC) and ether (ETH) spot price charts, both of which had fallen below short-term upward trendlines, creating a technically bearish picture. He also posted a solana (SOL) chart that showed relative resilience compared with BTC and ETH. <\/p>\n

Alongside those, he shared BTC-USDT and ETH-USDT derivatives charts, which combined futures indicators \u2014 such as funding rates and long liquidations \u2014 with options metrics like skew. Together, they showed traders had turned heavily defensive.<\/p>\n

Liquidations and leverage reset<\/h3>\n

In his post, Kr\u00fcger said long liquidations had been \u201csignificant,\u201d especially in \u201cthe last two rounds after the close today.\u201d <\/p>\n

In futures markets, traders can borrow to take bullish bets. When prices fall, their collateral gets wiped out and exchanges automatically close positions. This kind of forced selling pushes prices down further in a cascade. Once it\u2019s over, however, markets can stabilize because the excess leverage has already been flushed out.<\/p>\n

Majors under pressure, alts steadier<\/h3>\n

The analyst also highlighted that bitcoin and ether absorbed most of the selling, while many altcoins had already stopped crashing earlier in the day. Normally, smaller tokens collapse after majors, not before them. <\/p>\n

For Kr\u00fcger, that divergence is \u201coften a sign of upcoming strength,\u201d suggesting panic selling may be winding down.<\/p>\n

Kr\u00fcger told followers to \u201ccheck the skew,\u201d noting that puts were much more expensive than calls. In options markets, that imbalance signals defensive positioning and heightened fear. <\/p>\n

For contrarians like Kr\u00fcger, one-sided fear often precedes a rebound, because if everyone is already hedging, there are fewer sellers left to push prices lower.<\/p>\n

The FOMC catalyst<\/h3>\n

While he is \u201cbullish into next week,\u201d Kr\u00fcger said he doesn\u2019t expect strong trends to develop until after the Federal Reserve\u2019s next policy meeting. <\/p>\n

The Federal Open Market Committee (FOMC) meets Sept. 16\u201317, with a rate decision and press conference at the conclusion on Sept. 17. <\/p>\n

He expects the Fed to cut interest rates, which he argues is \u201cnot fully priced in.\u201d <\/p>\n

Lower rates reduce the cost of borrowing and often add liquidity, which can boost demand for risk assets like crypto.<\/p>\n

The cycle view<\/h3>\n

Kr\u00fcger emphasized that this is not the end of the cycle, even if prices fall further in the short term. At the same time, he does not expect the kind of euphoric \u201cblow-off top\u201d that has marked past crypto bull markets. <\/p>\n

The one exception, he said, could be SOL, which continues to attract inflows from new decentralized treasuries deploying capital on the network.<\/p>\n

For Kr\u00fcger, the setup is straightforward: charts look ugly, liquidations are behind, options pricing screams fear, and the Fed decision looms. His message was simple \u2014 the time to bet on upside is when panic is loudest, not when celebrations begin.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst and macroeconomist Alex Kr\u00fcger thinks the market looks ugly enough to turn bullish. On Saturday, Kr\u00fcger wrote on X, that \u201cmost crypto charts now look so broken and bearish that it\u2019s bullish.\u201d He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44940","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44940"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44940\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}