NewsBTC
Aug 29, 2025
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Analyst Miles Deutscher Claims Crypto Bull Run Is Still Ongoing

2 min

Analyst Miles Deutscher argues the crypto market's current fatigue is misinterpreted. He believes an extended cycle is likely, with Ethereum positioned to lead even if Bitcoin cools.

Market Analysis

  • Deutscher challenges the narrative that Bitcoin has reached a peak, stating the cycle is not over.
  • He highlights Bitcoin's recent price actions and indicates a need to reclaim levels above $114k for structural integrity.
  • Ethereum shows strength by compressing under resistance while remaining above critical trend indicators.
  • Macro risk ratios indicate potential upward movement rather than a downturn in the business cycle.
  • Political support for crypto and potential rate cuts later this year could bolster market sentiment.
  • Despite short-term volatility, higher time-frame patterns suggest Bitcoin may pull back to around $100,000 without signaling a market top.

Altcoin Dynamics

  • Historical trends show Ethereum often rallies after Bitcoin tops; prior instances saw significant gains for ETH despite BTC declines.
  • Deutscher observes a decoupling where altcoins are rising against Bitcoin, indicating strong underlying structures for ETH.
  • He favors trading on Ethereum during Bitcoin dips, advocating for careful leverage use and focus on spot trading.
  • Deutscher concludes neither Bitcoin nor altcoins have peaked, given the current state of the business cycle.

At press time, Bitcoin traded at $113,028.