๐ฅ ETH about to trigger an alt rally? ๐
Chevy Cassar
August 11, 2025
Chevy Cassar
August 11, 2025
GM. This is Milk Road, we cook up crypto insights every single day, so you stay one step ahead of the crowd.
Hereโs what we got for you today:
โ๏ธ What to look out for
โ๏ธ ETH-led altcoin breakout?
๐๏ธ The Milk Road Show:ย Genius Act + Stablecoins: How to Capitalize on the Trillion Dollar Revolution in Finance w/ Mike Belshe
๐ช $BTC enrolls at Harvard
Chainlink is the global standard and platform integrating the world to the onchain economy. They just announced the โChainlink Reserveโ, read more about it here.

Flip your calendar pages. Ready your sharpies. Don your reading glasses.
Hereโs what could move markets and asset prices this week:
1/ Macro ๐
This weekโs macro theme? An all-time classic: โInflation: how bad is it (and how is it affecting consumers)?โ ๐
July CPI Inflation data โ Tue โ did the cost of consumer goods go up or down in July, and at what rate?
July PPI Inflation data โ Thu โ did the cost of wholesale goods go up or down in July, and at what rate?
July Retail Sales data โ Fri โ Are consumers spending? Healthy retail sales numbers signal a healthy economy.
MI Consumer Sentiment data โ Fri โ a survey that asks consumers: โ…and how does that make you feel?โ (Happy consumers spend more, so the metric holds weight.)
(Btw, you can get focused macro breakdowns from our Milk Road Macro newsletter and podcast.)
2/ Earnings ๐ฐ
*sniffles* they grow up so fastโฆ
Circle ($CRCL) is releasing its first-ever quarterly earnings as a public company this week โ the numbers drop first thing tomorrow. ๐
3/ Price action ๐
(Woah. Ok!)
This morning, the total crypto market cap breached $4 trillion for the first time ever! ๐
The driving force behind this push? The alt market โ specifically, Ethereum.ย
Weโll be watching $ETHโs funding rates to gauge if thereโs enough gas left in the tank to close the week out above $4T and confirm this newfound price territory beyond just a daily spike.
Remember: the higher Funding Rates climb above 0.05%, the greater the likelihood of a pullback.
โฆgood news is โ weโre not yet in that territory, so there could be juice left to squeeze!
Speaking of altsโฆ
Theyโre on the verge of breaking a multi-year resistance level, which could see a bunch of altcoins hit new all-time highs!
Keep scrolling to the next article and weโll lay it all out for you. ๐
Ever wonder how Chainlink will accelerate its dominance across DeFi and TradFi?
With trillions in tokenized assets set to come onchain, the answer is no longer a mystery.ย
Introducing the Chainlink Reserve: a strategic reserve of LINK tokens.
Hereโs how it works:
Funded by onchain and offchain revenue from large enterprises adopting Chainlink
Accumulates LINK over time
Built to support the long-term growth of the Chainlink Network
Demand for Chainlink has already created hundreds of millions of dollars in revenue.ย
With Chainlink being uniquely positioned to power and benefit from the accelerating tokenization wave, the strategic LINK reserve is the jet fuel that propels Chainlinkโs journey there.ย

Alright, lemme set the scene here:
Over the past ~4 years, the total altcoin market cap (aka: the total value of the crypto market, excluding Bitcoin) has tried โ and failed โ to confirm a monthly break above $1.51T a total of six timesโฆ
And right now, itโs in the midst of its 7th attempt. ๐
But to confirm the break of this 4-year resistance level โ weโll need to see the altcoin market cap finish August above $1.51T.
So whatโs going to get us there?ย
From where weโre standing โ the best bet right now is continued buying pressure from public Ethereum treasury companies.
$BMNR just bought 317k $ETH, bringing their total holdings up to 1.15M Ethereum tokens (~$4.9B) โ which is nuts!
They only started buying this time last month, but already own close to 1% of the total $ETH supply. ๐
โฆand this is just the beginning โ $BMNRโs end goal is to own 5% of $ETHโs total supply. ๐ง
Meanwhile, $SBET just raised an additional $400M from institutional investors, bringing their total cash reserves (aka: $ETH spending money) up to ~$600Mโฆ
(Btw โ huge congrats to our PRO members who heeded our teamโs call to buy $SBET at $10.10, and $BMNR at $29 โ each up 157% and 135% since!)
If you donโt want to miss the next call โ get PRO All Access here.
Ok. Cool. So say these treasury companies help push the alt market up enough to confirm a break in resistanceโฆ
Then what?
As we mentioned in last Fridayโs article on $BTCโs 8-year resistance line โ once broken, this price level will likely flip into support.
Meaning, instead of the price struggling to break above the line, it will struggle to break below it.
The REAL kicker?
The longer the buildup, the bigger the breakout typically is โ and the alt market has been butting its head up against this resistance level since May of 2021.
Mark your calendars for potential confirmation (and celebratory beers):ย
Monday, September 1.

This DEX solves an actual UX issue! Milk Road Swap supports both Ethereum and Solana tokens in a single interface.
Still early. Still cheap. These 3 charts are begging to pump.
$629M? Sorry, we meant $990M. The crypto firm โBullishโ just raised its IPO target.
$BTC enrolls at Harvard. The Universityโs endowment recently disclosed that it owns more Bitcoin ETF shares than it does Google and Nvidia. โ DL News
Okto is launching an exclusive trading club called HyperOne. Itโs an invite-only club that gives you $HYPE tokens for every futures trade you make.*
*this is sponsored content.

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