The cryptocurrency market has shown significant fluctuations over the past day, with Bitcoin’s price dipping from $108,850 to $105,000. Following an exhilarating peak that exceeded $111,000 last week, the market seems to be entering a correction phase. Analysts and traders are now divided on whether this is a temporary setback leading to further growth or an indicator of a top forming too soon.
According to crypto strategist Leshka.eth, the ongoing bull market is not finished yet, although it is projected to reach its climax by August 2025.
The Target: August 2025
Analysis from Leshka.eth highlights that August 2025 is anticipated to be when this bull cycle might peak. Citing the well-known Wall Street Cheat Sheet on market psychology, the analyst describes the current market conditions as indicative of the optimism phase.
Should this cycle resemble previous ones, such as those of 2017 and 2021, we might expect forthcoming waves of euphoria, excitement, and enthusiasm leading to Bitcoin’s price surging around July 2025. This could involve a resurgence of popular trends like meme coins, a revival in NFT markets, and Layer-2 protocols beginning to achieve new all-time highs.
These developments are likely to attract a massive wave of retail investors, who are often the last to join before a downturn. When this correction occurs, Leshka.eth projects that up to 95% of tokens may face declines between 90% and 99%. The strategy to execute sales in August 2025 is informed not by impulse but by a wealth of experience from previous market cycles, particularly after an early exit in 2021. The analyst feels poised to time this peak with even greater accuracy this time around.
Indicators to Watch Before the Downturn
Leshka’s predictions are bolstered by a rigorous, data-centric approach to tracking price movements. The analyst emphasizes three pivotal on-chain metrics: MVRV (Market Value to Realized Value), NUPL (Net Unrealized Profit/Loss), and SOPR (Spent Output Profit Ratio). Historically, these metrics have signaled potential overheating well before the abrupt shifts noted in April 2021 and December 2017. Importantly, these indications emerged weeks in advance of turning points.
However, it is not essential for traders to pinpoint the exact market peak using these indicators. Optimal strategy involves exiting while the market remains fervent, maximizing potential gains. Once these metrics indicate red flags, the analyst plans to divest all holdings.
Currently, the bullish sentiment persists in the market, but projections indicate that it is not a permanent state. Based on these insights, the anticipated timeline is clear: expect a price peak for Bitcoin in July, a settling phase in August, and a potential crash between September and November.
As of now, Bitcoin is valued at approximately $105,700, reflecting a 2.1% decrease in the last 24 hours.
