The analysis discusses the potential for a pre-altseason where altcoins hold their ground while Bitcoin declines. It identifies critical events between August and mid-September that could make or break the market's trajectory, highlighting the Fed's rate cut decision as a key catalyst. The market rally on Friday was due to the market interpreting Jerome Powell's Jackson Hole speech as dovish. Many assumed the Fed would abandon the 2% inflation target and thus cut rates. However, this was found to be a misinterpretation. The pre altseason would allow liquidity to flow into ETH and altcoins. Analysis mentioned 102k-108k area as the next possible low point and high action for buyers to set in.