Crypto KOL Ansem said on Aug. 5 that the digital asset market is showing signs of forming a bottom.
First, prices have displayed resilience to negative headlines. Ansem pointed out that BTC kept printing higher lows even as Michael Saylor sold millions of dollars in the $58,000–$60,000 range.
Second, crypto-native mobile applications are seeing real user growth. Pump.fun's weekly revenue climbed 20%, while Fomo surpassed 100,000 users within one week. Institutional interest is also reviving — Robinhood Chain's progress and billionaire Paul Tudor Jones publicly turning bullish on BTC were cited as examples. Social media buzz around crypto content has picked up again as well.
To further confirm that a new bull market has started, Ansem listed onchain and broader signals: tokens continuing to print higher highs after their first high-volume peak, rising holder counts for popular tokens, renewed concentrated coverage from mainstream media, developers experimenting with novel onchain mechanisms, and successful protocols offering incentives via airdrops.