Analyst Alex Krüger describes current bearish trends in Bitcoin (BTC) and Ethereum (ETH) price charts as potentially bullish signals. He emphasizes that extreme bearish conditions often precede market reversals, especially as recent liquidations of long positions have cleared excess leverage. While BTC and ETH are under pressure, many altcoins have shown resilience, a divergence that Krüger interprets as a potential sign of upcoming strength. He notes that the market may remain directionless until after the Federal Reserve's interest rate decision on September 17. Krüger anticipates that the Fed will cut rates, which typically stimulates demand for risk assets like cryptocurrencies. Despite the current downturn, he argues the crypto cycle is not over, viewing the messy charts and heightened fear in options markets as precursors to a recovery. He specifically mentions Solana (SOL) as a standout due to ongoing investments in decentralized treasuries on its network. Overall, the combination of panic selling and market positioning may create an opportunity for bullish investors ahead of the Fed's meeting.

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