Crypto markets displayed low volatility this Monday, August 17, despite prolonged consolidation below major resistance levels. Bitcoin actively holds its daily support with a double bottom pattern suggesting weakening selling pressure. Ethereum compresses orderly below the psychological $1,950 level with a bullish breakout on the daily RSI. The Alts index attempts to break above a daily bearish trendline, in a heterogeneous market where Hyperliquid gains 6 % while Aave suffers a bearish break against Bitcoin. The Steady Lads portfolio maintains a 65 % crypto and 35 % stablecoins allocation, preserving a neutral to constructive bias across all major assets.
Source: Read the original article

