The analysis begins with an overview of the cryptocurrency market, noting a market capitalization of 4.05 trillion US dollars. The Altcoin Season Index is at 38 points, with a target range of 55 to 75 points. ETF inflow data is pending. Bitcoin dominance stands at 59.8%, while Ethereum holds 27.3%. Ethereum's on-chain balance showed withdrawals on August 7, followed by inflows. For Ethereum, there is minimal ETH exchange balance reduction of -693, with a volume of 58.55 billion USD on Sunday. Futures Open Interest declined, with a long dominance level of 0.009. Bitcoin has 2.909 million available on exchanges. Long-term holders added more Bitcoin, and the influx of Bitcoin decreased. Bitcoin's volume was 41.27 billion USD, with a similar long dominance. In conclusion, while the on-chain analysis does not seem to suggest a strong direction the current levels suggest further upside potential.