r/CryptoCurrency • u/AutoModerator • 8d ago

OFFICIAL Daily Crypto Discussion - August 19, 2025 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

Useful Links:

 

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

27 Upvotes

90% Upvoted

801 comments sorted by

View all comments

8

u/VariatCA 🟦 3K / 3K 🐢 8d ago

This is the definition of "extremely oversold", unless anyone out there seriously believes that 1% stock market drops coincide with 10% drops in Crypto in such heavily-correlated markets these days. Heavy leverage can pull it off for a couple days of pressure, but they can't sustain it.

Leverage comes out of the woodwork hoping for quick profit on any scent of fear, and they're just trying to make an impression.

The fearful don't make money buying overblown dips, because they're always worried about dropping lower. This is just like a couple weeks back: short-term fear trying its best to shake you out as stocks slightly pull back momentum.

2

u/[deleted] 8d ago

yes this no make Sense

2

u/pref1Xed 🟦 0 / 0 🦠 8d ago

It all heavily depends on powell’s speech.

8

u/VariatCA 🟦 3K / 3K 🐢 8d ago

That people are so completely on-edge about a pre-FOMC speech that is coming before September Payroll, CPI and the actual FOMC meeting should be setting off warning bells that this is overblown in the short-term.

Powell is a professional who knows his words carry weight and drive the market. He's 100% not going to say "yeah, rate cuts are almost certainly happening next month", nor is he going to totally rule them out.

It's going to be just a bland "Recent data is concerning, but GDP growth is still positive. We'll see where the data points us next month from the next couple reports."

Then the markets can get another 2 weeks of driving up fear from Payroll / CPI announcements lol.

2

u/pref1Xed 🟦 0 / 0 🦠 8d ago

You’re probably right but I’m still being cautious till Friday.