Dear copytraders, SteadyGrowth team welcomes you!

Now is a very difficult period and our team would like to give market review and forecast till end of august.

*BTC & ETH – Market Overview andForecast Until End of August*

The cryptocurrency market continues to show increased volatility amid macroeconomic uncertainty and declining interest inrisk assets.

BTC is trading around $114K at the start of August, pulling back from local highs near $118K.
ETH is consolidating near $3,560, showingless resilience after a strong rally in July.

What’s happening now:

Correction after the rally:
Both BTC and ETH have entered a cooling
phase following the aggressive rally in July. This is a typical market reactionafter overheating.

ETF inflows slowing down:
BTC ETF inflows have started to decline, weakening demand. ETH is holding up better due to staking-related ETFexpectations.

Rising fear in traditional markets:
A more hawkish Fed and ongoing instability in global markets are putting pressure on crypto as a whole.

Forecast for August:

BTC:
Range: $108,000 – $120,000
Most likely scenario: a test of the lowerboundary near $110K, followed by a rebound to $117–119K
Key resistance: $120K
Support level: $108K

ETH:
Range: $3,300 – $3,800
If institutional interest continues, ETH
could recover faster and retest $3,750–3,800
However, if BTC keeps declining, ETH mightalso drop to $3,300–3,400

What it means for copy trading:
We continue using a strategy based on RSI +DCA.

August could be a month of accumulation before a potential breakout in September.

Your SteadyGrowth team!