Ansem: Crypto Market Shows Signs of a Bottom; New Bull Run Awaits On-Chain Confirmation

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On August 5, 2026, crypto analyst Ansem pointed to potential signs of a market bottom, noting Bitcoin’s resilience during Saylor’s BTC sell-off between $58,000 and $60,000. On-chain data revealed sustained higher lows for Bitcoin, while platforms like Pump.fun and Fomo experienced increased user activity. Institutional interest and social media engagement also rose. Ansem observed that on-chain analysis could confirm a new bull market through higher highs, increasing holder counts, heightened media attention, and protocol upgrades.

Huo Xing Finance reports that on August 5, prominent crypto KOL Ansem posted that signs of a market bottom are emerging in the crypto market. First, prices are demonstrating resilience to negative news—for example, despite Saylor selling millions of dollars worth of BTC in the $58,000–$60,000 range, BTC continues to form higher lows. Second, native crypto mobile apps are gaining real user growth: Pump.fun’s weekly revenue increased by 20%, and Fomo surpassed 100,000 users within a week. Institutional interest is also rebounding, evidenced by progress on Robinhood Chain and billionaire Paul Tudor Jones publicly expressing bullish views on BTC. Additionally, engagement with crypto-related content on social media is rising again. Ansem noted that further confirmation of a new bull market may come if on-chain tokens continue to make higher highs after their initial volume surge, the number of holders of popular tokens keeps growing, mainstream media resumes concentrated coverage, developers experiment with new on-chain mechanisms, and successful protocols incentivize participation through airdrops.

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