Riya Sehgal, Research Analyst, Delta Exchange

Crypto markets are starting the week in consolidation mode, with Bitcoin trading near $63,200 and Ethereum around $1,895. Bitcoin has bounced from the $62,500-$62,700 region, while four-hour RSI has recovered toward 50, signalling that bearish momentum is easing. However, BTC remains below a dense cluster of higher four-hour EMAs between roughly $63,500 and $63,900, making $64,000 the key level bulls need to reclaim. A failure to hold $62,500 could bring $62,000 into focus, with the stronger daily demand zone around $59,500-$60,800.
Ethereum is showing comparatively better momentum. ETH remains above its 20- and 50-day EMAs, while daily RSI near 54 keeps momentum mildly constructive. A sustained move through $1,917-$1,925 could open $1,950-$1,975, whereas losing $1,865 would weaken the setup.
Volatility remains notably compressed: Bitcoin's four-hour ATR has fallen sharply, while DVOL is near 35 and Ethereum's daily ATR has declined toward 45. This suggests traders should watch for volatility expansion once current ranges break. Fundamentally, weaker Bitcoin ETF flows, elevated oil prices and continued U.S.-Iran uncertainty remain key risks, while Wednesday's FOMC minutes are the next major macro catalyst.

Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $63,050 on Monday morning and was broadly unchanged over 24 hours. The market remains anchored around an important cost-basis area despite a more supportive US interest-rate outlook. Immediate support lies around $62,650-$63,000, followed by $62,000. Resistance is visible between $63,300 and $64,000, with $65,000-$66,000 remaining the stronger recovery ceiling. 

On-chain conditions remain unusually subdued. Bitcoin's Median Realized Price stands at around $63,000. The Short-Term Holder Cost Basis is approximately $68,700. Spot trading volume measured in Bitcoin has fallen to its lowest level since 2019. Sellers appear increasingly exhausted, but buyers have not returned with enough conviction to drive a breakout. A sustained reclaim of $68,700 would be important because it would return many recent buyers towards profitability. 

Institutional demand has also cooled. US spot Bitcoin ETFs attracted $865.3 million between August 3 and 7. However, the following five sessions recorded approximately $385.2 million in net outflows. This included $131.1 million on August 13 and $56.2 million on August 14. August 3-14 flows nevertheless remain positive by roughly $480 million, showing that institutional demand has weakened rather than disappeared. 

Large-cap altcoins were mixed. Ethereum gained about 0.7% to $1,890, while TRON rose 0.4% to $0.332. BNB declined 0.5% to $603, XRP slipped 0.2% to approximately $1.00 and Solana eased 0.2% to $75.15. The narrow moves indicate little evidence of a broad altcoin rotation. 

The macro backdrop has turned less hawkish. Fed futures imply a 66.9% probability of no rate change in September, after weaker employment, inflation and retail-sales data. July retail sales fell 0.6%, while Brent crude remains elevated near $88.50, keeping some inflation risk alive. Attention now shifts to the August 26 PCE inflation release and Jackson Hole on August 27-29.

Our advice: Investors should avoid chasing moves inside the current range. Staggered accumulation and disciplined position sizing remain preferable until Bitcoin either breaks below $62,650 or clears $64,000-$66,000 with stronger ETF and spot demand.

Nischal Shetty, founder, WazirX

"Global macro indicators provide a constructive backdrop for crypto. The probability of a September Federal Reserve rate hike falling to 30% improves liquidity expectations and reduces pressure from a strong dollar, supporting Bitcoin and Ethereum. Japan's weaker 0.3% growth could delay monetary tightening and preserve risk appetite, although its 2.925% bond yield remains a key market indicator. Brent crude near $89 and UK inflation at 2.9% may influence central-bank decisions. Overall, easing US rate expectations provide near-term support for crypto, while persistent inflation could strengthen Bitcoin's longer-term appeal as an alternative monetary asset.

Bitcoin continues to trade near $63,009, with the daily technical setup maintaining a bearish bias. Price is currently hovering around the 62,500-63,500 support region, while 64,000-65,000 represents the immediate resistance range. Moving averages remain weak, suggesting sellers still have the advantage. For futures traders, a sustained move above $64,000 could help ease the prevailing downside pressure.

Ethereum is trading near $1,887, with the daily technical setup showing a comparatively bullish bias. The 1,850-1,880 area serves as the immediate support region, while 1,920-1,950 represents the first resistance band ahead of the psychological $2,000 level. Moving averages remain constructive, and sustained buying above $1,900 could support further upside momentum.

Ether.fi continues to trade near $0.508, with the daily technical setup maintaining a bullish bias. Price is holding around the 0.49-0.50 support region, while 0.52-0.54 represents the immediate resistance range. Moving averages remain particularly strong, suggesting buyers retain an advantage. A sustained move above $0.52 could strengthen upside momentum and open the door to higher levels.

Asian markets were steady, with Japan's Nikkei 225 edging 0.07% higher to 68,760.03, indicating that regional risk appetite remained stable despite a softer US session. The Dow fell 0.20%, the S&P 500 declined 0.17%, and the Nasdaq slipped 0.28%. However, the VIX dropped 2.60%, suggesting limited market stress and providing a supportive backdrop for crypto. Gold gained 0.34%, reflecting demand for alternative assets, while oil rose 0.28%.

Institutional demand remained resilient despite a brief pullback in ETF flows. US spot Bitcoin ETFs recorded daily net outflows ranging from approximately $57.6 million to $131.1 million across the final sessions of the week as Bitcoin traded near $63,000, following an earlier weekly inflow of more than $853 million. US spot Ethereum ETFs recorded zero net flow in the latest session, keeping total net assets stable between approximately $10.52 billion and $10.57 billion. Overall, the data indicates short-term consolidation rather than a broad withdrawal of institutional capital."

Rajesh Palviya, Head - Research, Axis Direct

The Nifty 50 ended Friday's volatile session at 24,366, down 30 points, as late selling across auto, energy, metals and pharma counters erased early gains and kept market breadth firmly negative. Sentiment remained cautious amid concerns over the Strait of Hormuz standoff. Global cues were also subdued, with the S&P 500 and Nasdaq declining 0.2% and 0.3%, respectively, despite the S&P 500 extending its winning streak to three weeks.

Asian markets are mixed this morning, with Japan's Nikkei trading marginally lower after second-quarter GDP growth came in below expectations, while South Korean markets remain shut for Liberation Day. Brent crude is holding near $88.6 a barrel after rising 5% last week, adding pressure on an import-dependent economy amid a rupee near 95.6. GIFT Nifty at around 24,407 indicates a mildly positive opening.

The near-term bias remains cautiously positive. Sustained recovery would require the Nifty to decisively reclaim 24,550, which could pave the way towards 24,800. Immediate support is placed at 24,250, followed by 24,080. Any meaningful cooling in crude prices could significantly improve market sentiment.

Prateek Gupta, Head of Business, Mudrex

Bitcoin is trading below the $63,000 mark, testing its 200-week moving average and reaching its lowest level since August 3 as rising geopolitical tensions in the Middle East push investors toward safer assets. Institutional flows have also turned weaker, with US spot Bitcoin ETFs recording $390 million in net outflows this week, reversing part of last week's $865 million inflows. Attention now shifts to the upcoming Federal Reserve minutes, which could provide clearer signals on the policy path. A stronger case for tighter monetary policy could further pressure risk assets, including crypto. Bitcoin needs to reclaim $63,500 to stabilise, while $61,000 remains the key support zone.

BTC remained close to $63K as markets turned their attention to the Federal Reserve's rate decision. The Fed's guidance on borrowing costs could influence market liquidity, the US dollar and investor appetite for riskier assets like BTC. BTC continues to trade within a narrow range, with buyers defending the $62.7K-$62.8K area while sellers remain active around $63.2K-$63.3K. This keeps the short-term outlook largely neutral. A clear move above $63.3K could strengthen bullish momentum and support a recovery toward higher levels.

Akshat Siddhant, Lead quant analyst, Mudrex

Oil is holding near $82.50 a barrel, up about 5% last week, as the US-Iran interim ceasefire expires amid renewed regional tensions. Israel and plans for fresh US sanctions on Iran have added to supply concerns. However, reports that Middle Eastern producers are moving millions of barrels through the Strait of Hormuz are limiting further price gains, while Iran and Oman are nearing a separate agreement on the waterway. Gold remains just below $4,400 for a second straight weekly gain, while silver is near $65, up over 2%, supported by softer US data and September Fed rate-hike odds near 33%. Key levels to watch stand at $82.50 for oil and $4,400 for gold.

At the close on Friday, the total market cap of all BSE Sensex companies stood at Rs 4,92,16,152

The Reserve Bank of India's Annual Report for 2024-25 recorded 23,953 banking fraud cases involving Rs 36,014 crore. Read full report here