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Ethereum (ETH) recently broke through to a new all-time high above $4,900 before undergoing a correction. As of now, the asset trades at $4,520, reflecting an 8.9% pullback from its peak but still up 7.6% over the past week. The move follows weeks of strong upward momentum that returned ETH to price levels unseen since the 2021 bull cycle. While Ethereum’s long-term trend remains upward, analysts are examining short-term patterns to explain the market’s current volatility. One such perspective comes from XWIN Research Japan, a contributor to CryptoQuant’s QuickTake platform, highlighting how recurring liquidation cycles are shaping ETH’s price action, particularly around the beginning of each week. Related Reading: Ethereum Whale Demand Surges On Binance As Price Nears $5,000 Ethereum’s “Monday Trap” and the Risks of Excessive Leverage According to the analysis, Ethereum’s leveraged markets show a recurring rhythm tied to liquidation events. Leveraged long positions, bets that the price will continue rising, have often been caught in sudden reversals, forcing liquidations that amplify downward moves. During April and June 2025, ETH saw long liquidations spike beyond 300,000 ETH in a single day as sharp downturns triggered cascading sell-offs. XWIN Research Japan noted a striking weekly pattern: Mondays consistently show the highest liquidation volumes, followed by Sundays and Fridays. In contrast, Saturdays record the lowest, likely due to reduced market activity. This cycle, often referred to as the “Monday Trap,” suggests that traders carrying leveraged positions from the weekend are particularly vulnerable once institutional and retail flows re-enter early in the week. “Carrying weekend optimism into Monday’s higher-volume sessions is risky,” the analyst observed, emphasizing that short-term leverage magnifies losses in predictable ways. For long-term investors, this cycle is less about price direction and more about understanding the risks of excessive leverage in a highly liquid market. Technical Levels and Broader Market Outlook From a technical standpoint, Ethereum’s price correction is being closely monitored. A market analyst known as Crypto Patel recently posted on X that ETH has retraced from $4,957 to $4,400, noting $3,900–$4,000 as a strong support zone. According to Patel, holding this level could open a path toward higher price ranges of $6,000–$8,000. However, if support breaks, downside levels of $3,500 or even $3,200 remain possible. ???? $ETH Price Analysis ???? ???? #Ethereum hit ATH of $4957 2 days ago, now retracing to $4400. ???? Strong support at $3900-$4000. Holding this zone opens upside to $6000-$8000. ???? Breakdown of $3900 could lead to $3500 and $3200 levels. pic.twitter.com/WJTdHEImqH — Crypto Patel (@CryptoPatel) August 26, 2025 The interaction between leveraged liquidations and key technical support levels may define Ethereum’s trajectory in the coming months. Historical data show that large outflows from exchanges often precede sustained rallies, while inflows typically signal selling pressure. Related Reading: Ethereum Reaches New ATH, But RSI Divergence Clouds Path To $5,000 Recent exchange netflow data for ETH has leaned toward outflows, suggesting that investors are withdrawing coins into self-custody, a behavior often associated with long-term confidence rather than immediate selling. At the same time, institutional demand for Ethereum continues to strengthen, bolstered by ongoing discussions about staking integration within regulated financial products such as ETFs. Featured image created with DALL-E, Chart from TradingView

Bitcoin (BTC) continues to show signs of weakness after recently setting a new all-time high earlier this month. As of today, the cryptocurrency is trading at $110,595, reflecting a 4.2% decline over the past week and an 11% drop from its peak of $124,000. The correction highlights an ongoing struggle for momentum even as broader market conditions remain uncertain. This decline has drawn the attention of analysts examining key on-chain and trading metrics. One such measure is the Taker Buy Sell Ratio, which is signaling reduced confidence among traders. According to data from CryptoQuant, this ratio has fallen to levels not seen since late 2021, raising questions about whether Bitcoin’s recent highs can be sustained without stronger demand. Related Reading: Bitcoin Correction Risks Deepen With $105,000 As Critical Support Bitcoin Taker Buy Sell Ratio Suggests Shift in Market Dynamics CryptoQuant contributor Gaah explained that the 30-day moving average of Bitcoin’s Taker Buy Sell Ratio has dropped to its lowest level since November 2021, a period that coincided with the peak of the previous cycle near $69,000 before a prolonged downturn. The ratio tracks the balance between aggressive buy and sell orders at market prices. A value above 1 reflects stronger buying pressure, while a reading below 1 indicates more active selling. Currently, the ratio sits below its historical average, suggesting that selling activity has consistently outpaced buying in recent weeks. This is notable because it follows closely on the heels of Bitcoin establishing new highs, revealing a divergence between price performance and trader sentiment. Gaah argued that such behavior often signals caution among investors who may be locking in profits or reducing exposure to manage risk. “The similarity to November 2021 should not be overlooked,” the analyst noted. “Even as Bitcoin pushed higher at that time, underlying market sentiment was deteriorating, which eventually preceded a sharp correction.” The current data, Gaah added, indicates that although Bitcoin remains in a broader bullish phase, the imbalance between buyers and sellers could introduce heightened volatility in the weeks ahead. Analyst Sees Mixed Signals in Technical Structure Beyond on-chain metrics, technical analysts are also weighing in on Bitcoin’s current price structure. A market analyst known as Crypto Nova suggested that despite recent weakness, the overall uptrend remains intact. In a post on X, the analyst highlighted that Bitcoin has been forming higher lows since its recovery began from a low of nearly $15,000 in late 2022, thereby maintaining a long-term bullish pattern. Nova pointed to the $50,000–$70,000 range from earlier in the cycle as an example of a level many believed to mark the top, but which ultimately gave way to further gains. Related Reading: Bitcoin Dives As On-Chain Data Shows Every Cohort Now Selling The analyst noted that the same uncertainty applies to today’s market, where corrections do not necessarily confirm a cycle peak. “At the very least, BTC should see a bounce from current levels,” Nova said, while also acknowledging that resistance remains strong at higher price zones. Bounce time for Bitcoin? At the very least BTC should bounce here as it’s reaching the zones earlier highlighted. Zooming in there is some small lower high structure that price will test (dotted lines) but it will more than likely… https://t.co/Be3FKYnRIY pic.twitter.com/XmrCDS9ldQ — Crypto Nova (@CryptoGirlNova) August 26, 2025 The combination of weakening taker ratios and cautious technical outlooks suggests that Bitcoin’s trajectory may be entering a decisive phase. If selling pressure persists, the asset could face deeper corrections, but sustained support near $110,000 may also provide the base for renewed momentum. Featured image created with DALL-E, Chart from TradingView

As the Bitcoin (BTC) price momentum begins to wane, the market’s leading cryptocurrency has retraced to the $110,000 mark, raising concerns about a potential shift into a new bearish cycle.  CryptoBirb, a noted trader and analyst, suggested in a recent social media analysis that Bitcoin has only about 60 days of growth left, indicating that it is currently 93% into its cycle, which has lasted 1,007 days.  This analysis aligns with the ongoing Cycle Peak Countdown indicator, hinting at a critical juncture for the leading cryptocurrency as it approaches the conclusion of its current bullish phase. Potential Peak And Bear Market Timing In examining historical cycles, CryptoBirb highlights significant patterns that may inform future price movements. The analyst points out the duration of past cycles: from around 350 days in the early years to over 1,000 days in more recent cycles.  Presently, Bitcoin’s trajectory is  reportedly tracking toward approximately 1,060 to 1,100 days, placing it in the final 5-8% of this current bullish cycle, holding significant implications for the broader digital asset market as well. Related Reading: Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion The Bitcoin Halving which took place last April is also a pivotal factor. Historical data reveals that previous Halvings have led to peaks in price approximately 492 days later, suggesting a target window between October 19 and November 20, 2025.  This timeline reinforces the notion that the market is merely 60 days away from a potential peak, with historical cycles indicating that the next significant bear market may not occur until 2026. CryptoBirb also outlines the patterns observed during past bear markets, noting that they typically last between 364 and 411 days, with average losses around 66%. If such a scenario plays out, the next bearish phase could see BTC retracing toward $37,000 once again.  Bitcoin Support And Resistance Levels August and September have historically been challenging months for Bitcoin, with average returns dipping significantly. However, October and November are traditionally among the strongest months, aligning perfectly with the anticipated cycle peak. Related Reading: Machine Learning Algorithm Predicts Ethereum Price Will Cross $9,000, Here’s When From a technical standpoint, Bitcoin’s current price sits just above key support levels, with the weekly chart indicating a mean-based support of $97,094 and a critical resistance level at $117,058. The analyst advised monitoring these key price levels closely in the coming weeks, as movements below $110,000 could signal a bearish trend. BTC is currently holding just above this support floor after increased volatility. Despite this, on-chain metrics remain relatively healthy, with mining costs around $97,124 and no immediate signs of capitulation. Although recent exchange-traded fund (ETF) flows have shown outflows, the overall market structure suggests a cautious optimism.  To conclude, CryptoBirb notes that while the current sentiment may be mixed, the convergence of cycle mathematics, Halving events, and historical seasonality suggests that the market could be gearing up for a significant finale in the fourth quarter.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin dropped to $110,000 as $700 million in crypto longs were wiped out, options markets turned defensive and volatility jumped ahead of U.S. macro data.

The recent passage of the GENIUS Act introduced a new regulatory framework for stablecoins, such as Tether (USDT), drawing increasing attention from traditional and cryptocurrency firms. Tether’s Regulatory Challenges And Rising Rivals With the stablecoin market growing from $120 billion in October 2023 to $288 billion as of August, Tether’s USDT continues to hold its position as the largest stablecoin.  However, the Motley Fool team has identified three emerging contenders that are poised to disrupt the company’s dominance and present significant competition. Tether commands nearly 60% of the stablecoin market, but it has not been without controversy. In 2021, the Commodity Futures Trading Commission (CFTC) fined Tether $41 million for “misleading claims” regarding its reserves, which were allegedly not fully backed by US dollars.  Furthermore, Tether’s current reporting practices do not align with the requirements set forth by the recently passed GENIUS Act, which mandates stablecoin issuers to publish monthly disclosures about their reserves.  Notably, the stablecoin issuer only provides these reports on a quarterly basis, potentially opening the door for competitors to capture some of its market share, at least in the United States. Related Reading: Can Ethereum Really Hit $20,000 This Cycle? Analyst Maps The Path Among the most prominent challengers highlighted is USD Coin (USDC), which boasts a market capitalization of approximately $68 billion. Like Tether, USDC is a fiat-backed stablecoin; however, it has not faced any legal scrutiny regarding its reserves.  The issuer, Circle, has consistently published monthly attestations since USDC’s inception in 2018. The Motley Tool team asserts that this commitment positions USDC as Tether’s primary competitor, especially as regulatory compliance becomes increasingly crucial.  The competitive landscape is further complicated by regulatory developments in Europe. Under the European Union’s Market in Crypto-Assets Regulation (MiCA), stablecoin issuers must obtain regulatory approval and meet strict reserve requirements.  Circle has already achieved compliance with both USDC and its Euro stablecoin, EURC, while Tether has opted to withdraw from the European market entirely. A New Contender With Ties To XRP Another contender is Dai, now rebranded as USDS, which differentiates itself by adhering to the principles of decentralization. Unlike Tether and USDC, Dai is managed by Sky, previously known as MakerDAO, a decentralized autonomous organization.  This structure allows anyone holding SKY governance tokens to participate in decision-making processes concerning Dai. Rather than being backed by fiat reserves, Dai is a crypto-backed stablecoin, relying on overcollateralized crypto loans.  Lastly, Ripple USD (RUSD) enters the fray as a smaller player with a market cap of around $667 million. Despite its size, the Motley Fool asserts that RUSD’s connection to XRP makes it a formidable competitor.  Related Reading: Dogecoin Stalls Near $0.22: Analysts Say a Major Breakout Pattern Could Be Forming Ripple, the company behind XRP, has launched RUSD as part of its payment solutions for financial institutions, focusing on efficient cross-border transactions.  Additionally, RUSD has received regulatory approval from the New York State Department of Financial Services, which adds a layer of credibility and could help it gain traction in the market. Despite the potential threat, Tether’s figures far surpass those of these three challengers. This suggests that the firm’s reign in the stablecoin market may continue for some time. One thing is certain, though: stablecoins are making a notable entrance into the broader financial landscape. Featured image from DALL-E, chart from TradingView.com 

The market’s leading cryptocurrency, Bitcoin (BTC), has recently attempted to stabilize around $112,000 after experiencing a sharp decline to $110,000 on Sunday, meaning a 10% drop from all-time high (ATH) levels.  Ahead of the Federal Reserve’s (Fed) September meeting, market expert Doctor Profit highlighted on X (formerly Twitter) the upcoming implications and the most important technical indicators that paint a bleak picture for Bitcoin (BTC) and the broader market. Fed Rate Cut To Trigger A New Market Correction? Doctor Profit emphasized that the current market environment is markedly different from previous cycles. He believes that the anticipated rate cut by the Fed next month could initiate a robust correction in both stocks and cryptocurrencies.  According to him, the first significant cut typically brings uncertainty, leading to divergent opinions among investors, and he predicts that this time will be no exception.  Related Reading: Ethereum Whale Demand Surges On Binance As Price Nears $5,000 Turning to Bitcoin’s technical indicators, the outlook appears bearish. The expert noted a substantial Chicago Mercantile Exchange (CME) gap around the $93,000 mark that needs addressing, with most liquidity concentrated in the $90,000 to $95,000 range.  The charts indicate a potential correction, highlighted by a double top formation and declining trading volume. Notably, Doctor Profit has asserted that the last price surge that saw BTC reach $124,000, was largely driven by futures rather than spot market activity, reinforcing the bearish sentiment. Bitcoin Price Forecast Market psychology plays a crucial role in this analysis. On-chain metrics and sentiment indicators reveal that retail investors often buy high and sell low.  The expert disclosed that during Bitcoin’s last dip from $110,000 to $98,000 between May and June of this year, it was primarily institutional investors who capitalized on the lower prices, while retail buyers missed out.  As prices climbed, retail investors entered the market at higher levels, Doctor Profit added, which could lead to a shakeout as Bitcoin approaches the critical liquidation zone of $90,000 to $95,000. Related Reading: Analyst Says It Doesn’t Matter What Analysis You Use, XRP Price Is Set To Explode Beyond Bitcoin’s price action, Doctor Profit warns that the current market sentiment reflects a false sense of optimism, suggesting that the prevalent belief in a sustained altcoin season is misguided. He cautions that as enthusiasm grows, larger players may begin to offload their positions, leaving retail investors exposed. Looking ahead, he forecasts a potential surge in Bitcoin prices towards $145,000 to $150,000, which could potentially mean a  34% increase from current levels. The expert also expects Ethereum (ETH) to reach between $7,000 and $8,000 following the September correction. When writing, Bitcoin trades at $112,560, recording a 6% drop in the fourteen-days time frame. Ethereum on the other hand, has continuously positioned among the market’s top performers with a 5% surge during the same period.   Featured image from DALL-E, chart from TradingView.com 

XRP has struggled to maintain its momentum in recent weeks, with the token slipping nearly 10% over the past month. At the time of writing, XRP is trading around $2.96, as the broader market shows mixed signals. While assets such as Ethereum continue to post upward moves, establishing a new high, XRP has instead faced consistent correction, leading market participants to closely monitor whether the trend could extend further or stabilize in the near term. A CryptoQuant analyst has noted that XRP’s current price action comes after an early-2025 rally that saw the token reach the $3.5 to $4 range. That surge was accompanied by a spike in inflows to exchanges, particularly from large holders, signaling significant profit-taking. The analyst argues that this inflow activity may be exerting renewed pressure on the token’s price, leaving investors to weigh both the risks and potential opportunities ahead. Related Reading: XRP Price Action Signals Strength, More Upside Potential Ahead XRP Exchange Inflow Data Points to Profit-Taking The analyst, known as PelinayPA, highlighted the significance of XRP’s exchange inflow transactions in a recent analysis. The analyst explained that historically, periods of heavy inflows from major holders have often preceded cycle tops in XRP’s price. Notable examples included its 2018 peak above $3, the 2021 high near $1.90, and the 2023 rally toward $0.90. According to the latest data, a similar trend has emerged. PelinayPA noted: At the start of 2025, XRP rallied to $3.5–$4 with massive inflow waves, especially in high-value bands (100K–1M+ XRP). This suggests significant whale selling pressure. Currently, inflows remain exceptionally high, pointing to short-term selling pressure. The report outlined multiple scenarios depending on whether XRP can hold support near the $3.00 level. In the short term, continued inflows could drive prices toward the $2.8 zone. However, if the $3 threshold holds, the analyst believes it could serve as a base for a new upward attempt, with resistance levels between $4.2 and $4.5 being key to unlocking further gains. Over the long run, the analyst stressed that XRP remains in a stronger structural uptrend compared to earlier market cycles, leaving open the possibility of new highs above $5 later in 2025. Related Reading: XRP Open Interest On CME Futures Has Hit A New ATH, Why Price Could Surge Technical Levels Signal Make-or-Break Moment Complementing the on-chain outlook, traders are also focused on technical indicators. An analyst on X, posting under the name “XRP Update,” emphasized the importance of the $2.95 level, which coincides with the 0.618 Fibonacci retracement. In their analysis, holding above this level could create a pathway toward $3.33 and $3.57, while a breakout beyond $4.6–$5.2 would bring XRP into new price discovery territory. $XRP AT A MAKE OR BREAK LEVEL ⚡️ – Price sits on $2.95 (Fib 0.618) a key support zone.???????? – Hold above → path to $3.33 → $3.57, then eyes on $4.6–$5.2 ???????? – Lose it → risk dips to $2.65 ???? The next move will define the trend‼️ pic.twitter.com/iYa94DyiRA — XRP Update (@XrpUdate) August 25, 2025 On the other hand, failure to maintain support could open the door to further downside, with $2.65 flagged as the next key level. This aligns with the caution expressed in on-chain data, suggesting that XRP is currently at a pivotal stage where the next move may determine its trajectory for the rest of the year. Featured iameg created with DALL-E, Chart from TradingView

Ethereum has achieved a new milestone by surpassing its previous all-time high set in 2021, climbing above $4,900 before a slight correction. At the time of writing, ETH trades around $4,655, representing an 8.2% gain over the past week. This rally comes after three years of consolidation below its former peak, marking a significant moment for the second-largest cryptocurrency by market capitalization. Unsurprisingly, Ethereum’s upward momentum has also shifted market sentiment, placing most ETH holders back in profit. The latest movement has been tied not only to retail activity but also to growing institutional participation. Analysts argue that this demand could be a major factor supporting Ethereum’s renewed market strength. Related Reading: Ethereum Whale Demand Surges On Binance As Price Nears $5,000 Institutional Demand and Market Positioning One of CryptoQuant’s contributors, known as Oinonen, highlighted how Ethereum is increasingly attracting institutional interest, signaling a change in the broader narrative. While Bitcoin has historically been viewed as the preferred digital asset for large investors, Ethereum’s use in decentralized finance (DeFi) and the recent inflows into spot ETH exchange-traded funds (ETFs) are shifting perceptions. “Ethereum is now emerging as a challenger to Bitcoin’s institutional dominance,” Oinonen wrote. As an example, he pointed to Tom Lee’s Bitmine Immersion Technologies, which acquired $6 billion worth of ETH in just two months. This alone boosted Ethereum’s market capitalization from $300 billion to $557 billion. For context, MicroStrategy, led by Michael Saylor, accumulated about $3 billion worth of Bitcoin over the same period, highlighting how significant ETH’s recent accumulation has become. This surge in institutional demand also aligns with Ethereum’s technical breakout. The price action suggests not only speculative buying but also structural changes in how the asset is being integrated into professional portfolios. With ETFs now approved and trading on national platforms in multiple regions, the shift is viewed as an important milestone for Ethereum’s role in global markets. Ethereum Short Squeeze and Volatility Outlook Another factor driving ETH’s price action is the unwinding of short positions on Binance. Oinonen noted that Ethereum has long been a favored asset for traders betting on declines. The unexpected breakout to new highs, however, triggered what he described as a “short squeeze,” forcing bearish traders to buy back ETH to cover their losses. This buying pressure amplified upward momentum and contributed to the rapid move toward $4,900. “The market is entering what could be called a ‘short squeeze season,’” the analyst explained, adding that Ethereum’s persistent rally may continue to pressure short sellers. While this scenario supports near-term gains, it also introduces the possibility of heightened volatility as positions are unwound. Looking ahead, Oinonen expects both Ethereum and Bitcoin to push toward further highs in the coming months, though he cautioned that a market correction could emerge between late 2025 and early 2026. The interplay between institutional demand, ETF inflows, and derivatives market dynamics is likely to define Ethereum’s trajectory during this period. Featured image created with DALL-E, Chart from TradingView

Ethereum has staged a strong performance over the past 24 hours, with its price rallying close to its previous all-time high. According to data from CoinGecko, ETH climbed as high as $4,837, just a touch below its 2021 peak of $4,878. The surge came after Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted that long-awaited rate cuts might be coming soon.  Interestingly, Ethereum is not only performing well against the dollar but also against Bitcoin, where technical analysis shows a long-awaited structural trendline appears to be breaking in Ethereum’s favor. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals Analyst Calls Out ETH/BTC Breakout According to a recent technical analysis, which was first revealed on the social media platform X by crypto analyst Ted Pillows, Ethereum is about to go on a massive performance against Bitcoin. Ted Pillows noted that the ETH/BTC breakout has finally happened after nearly eight years of repeated resistance rejections.  The analysis, which is based on the 2-week (2W) timeframe of the ETH/BTC pair, shows Ethereum’s price action breaking decisively above a long-term descending trendline that has held since 2017. At the time of the analysis, the ETH/BTC pair was trading around 0.04077 after a 7% price gain for Ethereum. Interestingly, the chart shows how the ETH/BTC pair has been trying multiple times to break above this descending trendline with no success. The latest attempt, which has seen it approach the trendline again, kicked off in July 2025, and has been playing out for the past few weeks. The most recent 2-week candlestick has now seen the ETH/BTC peeking above the trendline. Chart Image From X: Ted Pillows However, Pillows tempered his optimism with a caveat: “I just want a 2W confirmation above this level, and you’ll be surprised to see the Ethereum rally,” he said. This means confirmation is important in order for Ethereum to continue outperforming Bitcoin. The breakout will be validated once the 2-week candle closes above resistance, and this might then turn the former downtrend into a base of support on the ETH/BTC pair. $5,400 Bull Flag Target Another analyst, Titan of Crypto, noted a bullish setup on the shorter-term 4-hour ETH/USD chart. Technical analysis of the 4-hour candlestick timeframe chart shows Ethereum is currently breaking out of a well-defined bull flag formation, which is a continuation pattern that typically appears in the middle of a trend.  The breakout, already underway, kicked off when Ethereum broke above $4,200 in August. The analyst predicted a price target around $5,400 to $5,477, which means Ethereum could not only retest but also break above its all-time high and enter into new price territories above $5,000. Image From X: Titan Of Crypto Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss At the time of writing, Ethereum was trading at $4,748. Featured image from Unsplash, chart from TradingView

Technical analysis shows Dogecoin is about to confirm a support on the weekly candlestick timeframe chart after managing to hold up above $0.21 in the past week. After several weeks of mixed sentiment between bulls and bears, Dogecoin’s price action now seems to be shifting in favor of buyers, and price action on the weekly timeframe is now showing a convincing bullish setup.  This trend was highlighted in a technical analysis from TradingView analyst MasterAnanda, who noted that Dogecoin’s confirmation above some exponential moving averages is key to a midterm price target of $1.85. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals Strong Support Holds With Dogecoin Above EMAs The chart posted by MasterAnanda shows that Dogecoin has now traded above the EMA8, EMA13, and EMA21 for four consecutive weeks. This alignment of exponential moving averages, as shown in the chart below, has always been the start of powerful upward moves in Dogecoin’s price. Each time the price has managed to hold above these averages on the weekly chart, it has paved the way for sustained rallies.  For instance, in October 2023, the alignment of these moving averages preceded a steep rally that pushed DOGE higher in the following months. A similar development was seen between September and October 2024, when Dogecoin climbed aggressively after maintaining its position above the same set of EMAs. Now, it seems recent market dynamics have seen Dogecoin establishing strong support above $0.21. The analyst described this confirmation of support as the moment that ends any lingering doubt, and traders who are waiting for signals of market strength can now see that the technicals point decisively upward. According to the chart, this support is acting as the launchpad for a higher high, and the probability of an extended bullish run is increasing with the continued increase in trading volume. Chart Image From TradingView: MasterAnanda Next Dogecoin Target At $1.85 The sentiment among Dogecoin traders had been divided in recent weeks, with some traders leaning bearish while others maintained bullish expectations. This divergence of opinion is not unusual, as crypto analysts and traders frequently oscillate between these opposing views. Now that the support has been confirmed and Dogecoin is sustaining momentum above these exponential moving averages, the only thing left is for Dogecoin to continue trading with high volume.  In this case, MasterAnanda projected multiple intermediate targets at Fibonacci extension levels before a final price target of $1.85. The first price target is at $0.31 (0.382 Fib level), then $0.48 (0.618 Fib level). Breaking beyond this level would translate to a break above a strong resistance that stopped Dogecoin in its tracks in December 2024.  Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss The next target after $0.48 is above the 2021 all-time high of $0.7316, at $1.16, which corresponds to the 1.618 Fibonacci extension. Clearing this level would pave the way for the ultimate midterm target of $1.85 at the 2.618 Fib extension level. At the time of writing, Dogecoin was trading at $0.2324. Featured image from Unsplash, chart from TradingView

Ripple’s XRP has officially broken into the top 100 global assets by market capitalization, a milestone that places it alongside some of the world’s most valuable companies like Shopify, Intuit, and Deutsche Telekom.  According to the latest data, XRP holds a market cap of around $181.2 billion at a price of $3.02 per token, ranking it above 100th on the global leaderboard. More notably, XRP has managed to join this exclusive list without the backing of a regulated spot ETF in the United States, unlike its crypto counterparts Bitcoin and Ethereum, which are also on the list of the largest global assets. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss XRP Joins The Rank Of World’s Top Assets At the time of writing, XRP is the 97th largest asset by market cap, the third cryptocurrency in the list behind Bitcoin at 7th and Ethereum at 22nd. XRP’s climb to this milestone can be traced to a wave of inflows that have been pouring into the asset in recent months. The scale of these inflows has been enough to push XRP’s market cap above BNB and stablecoin Tether USDT, making it the third-largest cryptocurrency by market capitalization. Institutional and retail investors have been drawn to XRP following the conclusion of its legal battle with the US Securities and Exchange Commission. This confidence, combined with the larger crypto market bullishness, has seen the XRP price establish a new support base at $3.  Crossing into the ranks of the world’s top 100 assets shows how XRP is faring compared to companies outside the cryptocurrency market. At its current valuation, XRP is now on the tails of some of the most recognized global corporations, like Verizon, Texas Instruments, Shopify, and Intuit. Top assets by market cap: CompaniesMarketCap The Case For More Growth With A Spot XRP ETF Bitcoin and Ethereum have gained tremendous institutional traction in the past 18 months or so through the launch of regulated spot ETFs in the United States. XRP, on the other hand, has reached its current standing without such an instrument. Therefore, XRP’s present milestone may be just the start of a much larger climb. The absence of ETF-driven inflows means that XRP has significant untapped potential waiting to be unlocked through financial institutions like BlackRock, Fidelity, and Grayscale once regulatory approval for a Spot XRP ETF arrives in the US. Such a trading instrument would open the door for large-scale institutional investors who have so far been restricted in accessing XRP exposure.  Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals If the same inflow patterns seen in Bitcoin and Ethereum ETFs are seen again with XRP, its market capitalization could easily push past its current peers in the top 100 global asset rankings alongside its price.  At the time of writing, XRP is trading at $3.04. Expectations tied to the eventual approval of Spot XRP ETFs stretch from moderate projections of $4 to ambitious forecasts of as high as $1,000. Featured image from Unsplash, chart from TradingView

Powell’s Jackson Hole speech showed how the Fed is weighing inflation against jobs. That balance could shape policy in the fourth quarter of 2025 and beyond.

According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts tracking Dogecoin’s hash rate, CVDD levels, alpha pricing, and network stress index provides context to this technical outlook, which might see Dogecoin surge to new price highs. Signs Of An Expansion Phase In Dogecoin Taking to the social media platform X, crypto analyst Cas Abbé explained a few reasons as to why the Dogecoin price is about to enter into an expansion phase. The first being that Dogecoin has been trading inside a wide accumulation range in the past few months. This base has been at the $0.20 price level since the beginning of August. This type of prolonged base-building is mostly always known to precede sharp upward moves, as it reflects the gradual buildup of strong demand. Furthermore, the analyst noted that the current breakout attempts are backed by rising trading volume, which he interpreted as institutional accumulation. This is unlike past Dogecoin bull cycles, which were mostly based on retail hype. Technical momentum indicators such as the Relative Strength Index (RSI) are currently in a mid-range position, and this means that Dogecoin still has significant room to climb before hitting overbought conditions. Another factor is the Dogecoin mining hash rate chart. As shown in the image below, the hash rate has been rising massively since the beginning of 2025, showing that network strength has been steadily climbing even during price consolidations and declines. Historical Patterns Back Expansion Outlook One of Abbé’s key points is that Dogecoin’s price cycles have consistently followed a similar pattern of long sideways stretches followed by sudden vertical expansions. This cycle structure can be seen in the cumulative value days destroyed (CVDD) chart. As shown in the chart below, Dogecoin’s price action stayed well within its accumulation zones before breaking higher in 2018 and then in 2021. However, unlike the peaks in 2018 and 2021 where on-chain metrics were overheated, current conditions are calm, which shows more of genuine accumulation rather than profit-taking and distribution. The expansion phase is not about short-lived spikes but rather the start of a new directional trend that could redefine Dogecoin’s price structure. Although the analyst did not define a price target, technical analyses from other analysts point to price predictions that will take the Dogecoin price well above its 2021 peak of $0.7316 into the $1 threshold and beyond. A similar analysis by crypto analyst Javon Marks points to a Dogecoin price target of $1.25. At the time of writing, Dogecoin is trading at $0.237, up by 9.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView

XRP is now on the verge of being integrated into the backing of USDe, the $11.8-billion stablecoin issued by Ethena Labs. The company’s risk committee recently confirmed that XRP has passed all thresholds required under its newly launched Eligible Asset Framework, which puts it alongside BNB and HYPE as top candidates for onboarding.  XRP’s massive liquidity, its market capitalization of over $181 billion, and daily trading volumes comfortably above $10 billion now see it ready to take on a new role in the USDe ecosystem. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Ethena’s Eligible Asset Framework Ethena Labs, the company behind the USDe stablecoin, recently introduced the Eligible Asset Framework as a formalized system to expand the collateral options backing USDe. According to an announcement, the framework is based on specific thresholds that assets must meet before gaining approval.  These thresholds include maintaining over $1 billion in average open interest across two weeks, daily spot trading volumes above $100 million, and perpetual futures volume exceeding $100 million per day. Liquidity requirements are also included, such as a spot order book depth of more than $500,000 and perpetual futures depth above $10 million on a two-week average.  XRP has cleared all these requirements, which means that it is strong enough from a risk perspective to be considered as part of USDe’s perpetual futures collateral system.  For years, XRP has maintained its status as one of the most liquid digital assets in the market. Its market capitalization, which is at $181.944 billion at the time of writing, has grown massively in the past year. This has seen it climbing in market cap ranks, and it is now sitting behind only Bitcoin and Ethereum.  Beyond the numbers, XRP’s deep order books and global trading presence in exchanges in America, Europe, and Asia allow it to handle large transactions without disrupting price stability. This level of liquidity and depth makes XRP an ideal candidate for integration into USDe, which has already been minting hundreds of millions of dollars weekly. For instance, data shows that USDe mints were in excess of 670 million over the past week. What Does This Mean For XRP? According to Ethena, XRP, alongside HYPE, has only met all the thresholds and is a candidate for onboarding shortly. Only BNB has been approved as the first new eligible asset  for the perpetual futures portion of the collateral backing of USDe. If Ethena formally onboards XRP for onboarding, it would become an important expansion of XRP’s utility. It might not be the update expected by XRP holders, but this development could open a new chapter in the cryptocurrency’s utility and adoption. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals Simultaneously, Ripple’s US dollar-pegged RLUSD, has had its own success in the stablecoin market. So far, RLUSD has crossed a market capitalization of approximately $680 million within its first seven months and continues to grow. Moreover, Ripple is extending RLUSD’s global presence by partnering with SBI VC Trade to bring it to the Japanese market by early 2026. At the time of writing, XRP is trading at $3.02, up by 6.5% in the past 24 hours. Featured image from Virtune, chart from TradingView

The Ethereum price outlook is heating up as market optimism collides with shifting monetary policy signals. BitMEX co-founder Arthur Hayes has projected that Ethereum could surge to $20,000, citing strengthening market dynamics and favorable macro conditions. The bold forecast comes just as Federal Reserve Chair Jerome Powell adopts a more dovish tone, indicating a possibility of future rate cuts.  Ethereum Price Projected To Hit Five Figures Hayes has issued a bold Ethereum price forecast, predicting that the second-largest cryptocurrency could soar as high as $10,000 or even $20,000 before the end of the cycle. In a recent interview, the BitMEX co-founder dismissed the notion that Ethereum would need to retest the $3,000 level before making a move toward new highs, pointing instead to its previous rally above $4,000.   Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Notably, Ethereum successfully confirmed support at $4,109 after a sharp surge earlier this month. As a result, crypto analysts like Donald Dean project that ETH could climb to $4,867—or even set a new all-time high near $5,706.   As for Hayes, he revealed that he has already re-entered the market, buying back Ethereum after previously taking profits when the asset broke above $4,000. The BitMEX founder emphasized that once Ethereum clears its prior peak, the path upward would resemble “a gap of air,” with limited resistance until significantly higher valuations. This conviction, he argued, is reinforced by the fact that crypto-native firms are actively raising capital to allocate into ETH.  According to Hayes, the ability of these firms to secure funding will only increase if Ethereum breaks into uncharted price territory. His projection of a $10,000 to $20,000 price point is also tied to the political and economic backdrop in the US. The BitMEX co-founder suggested that any digital asset supported by US President Donald Trump would likely benefit from massive speculative inflows, thereby boosting the broader market.  When asked which cryptocurrency he would primarily invest in between Ethereum and Solana, Hayes responded that both digital assets would appreciate during the bull run. However, he revealed that he was more partial to Ethereum, highlighting that the scale of capital chasing ETH made it a more attractive bet.    Powell Speech Signals Softer Fed Policy Shift While speculations about Ethereum’s next price target, US monetary policy appears to be entering a pivotal phase. Recent reports following the Fed Chair’s speech at Jackson Hole indicate that Powell may be hinting at the possibility of a rate cut.  During his speech, Powell highlighted the shifting balance of risks, acknowledging that while inflationary pressures persist, the slowdown in employment growth requires careful consideration. He further pointed to the effects of higher tariffs, which are beginning to show up in consumer prices, with core PCE inflation rising to 2.9% in July—a 10% increase from the previous month.  Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals The Fed chair also reiterated that with policy already in restrictive territory, the central bank can “proceed carefully.” Nevertheless, his comments left the door open for an adjustment in stance, with markets widely interpreting them as laying the groundwork for a rate cut at the upcoming FOMC meeting.  Featured image from Unsplash, chart from TradingView

Ethereum’s price has maintained notable strength in recent weeks, giving many investors reason for cautious optimism. The asset briefly traded near $4,700 last week, close to its all-time high of $4,878 recorded in 2021, before correcting to its current level around $4,633. Despite this pullback, Ethereum is still up nearly 30% over the past month, according to CoinGecko data, putting a majority of holders back into profit. Alongside these price developments, analysts continue to monitor exchange data for signs of broader market sentiment. One such analysis comes from PelinayPA, a contributor on CryptoQuant’s QuickTake platform, who examined Ethereum’s netflow patterns on exchanges. This indicator measures whether more ETH is moving onto exchanges (inflows) or off of them (outflows), providing insight into potential selling pressure or long-term accumulation behavior. Related Reading: Altseason Things: Ethereum Perps Volume Sets New Record Against Bitcoin Exchange Netflow Data Points to Reduced Selling Pressure According to PelinayPA, the current netflow picture suggests that Ethereum investors are largely removing coins from exchanges. Historical data indicate that significant inflows, accompanied by substantial amounts of ETH being transferred to trading platforms, often precede price corrections as investors prepare to sell. Conversely, notable outflows have historically appeared before bull market surges, reflecting confidence in holding or long-term storage. “In past cycles, strong exchange outflows occurred just before major uptrends in 2017, 2021, and again in 2024,” PelinayPA explained, adding: What we’re seeing now is consistent negative netflow, meaning ETH is leaving exchanges. This generally reduces immediate selling pressure and supports the case for ongoing bullish momentum. The analyst noted that while inflows can still trigger short-term pullbacks, the current outflow-dominant environment suggests that Ethereum retains significant upside potential in the medium to long term. The price action aligning with these signals reflects a market where participants are more inclined toward accumulation than distribution. Ethereum Institutional Demand and Technical Outlook Ethereum’s strong performance is also being interpreted through a technical lens. Several traders have pointed out that ETH has broken out against Bitcoin after years of relative underperformance. A crypto analyst known as CryptoBatman on X highlighted the significance of this trend, arguing that Ethereum’s rally could be entering a new phase of market recognition. Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? “ETH has finally broken out against BTC,” he wrote, noting that this development shows Ethereum’s potential to gain further traction in the broader crypto market. After years of downtrend, $ETH has finally broken out against $BTC It’s actually crazy to think about the upside potential this market holds, as Ethereum’s recent rally is already insane. But in reality, we’re only just getting started. pic.twitter.com/ZNbkhHudjZ — BATMAN ⚡ (@CryptosBatman) August 22, 2025 In addition, institutional indicators are beginning to align with this narrative. Investment funds and exchange-traded products tied to Ethereum have seen steady growth in holdings, with large investors maintaining exposure even during periods of volatility. Featured iameg created with DALL-E, Chart from TradingView

The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs.  Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer to the $4,878 record highs it reached during the last crypto bull cycle four years ago.  After enduring a prolonged phase of consolidation and breakdown, ETH’s recent gains reflect renewed optimism in the market, particularly following comments from Federal Reserve (Fed) Chair Jerome Powell. Ethereum, XRP, And BNB Surge  Powell’s remarks during his speech at the Jackson Hole Economic Symposium suggested that rate cuts could be on the horizon, a sentiment that tends to favor assets like Bitcoin and altcoins.  Lower interest rates make investments in stocks and digital currencies more attractive compared to traditional interest-yielding options, such as bonds. Additionally, a reduction in rates typically weakens the dollar, further enhancing the appeal of cryptocurrencies. Related Reading: Bearish Forecast: Strategy (MSTR) Stock Slides 19%, Analyst Expects Further Declines The positive market sentiment was not limited to Bitcoin and Ethereum; other altcoins also enjoyed substantial price increases. XRP rose by 5%, Solana (SOL) saw a 4% gain, and Binance Coin (BNB) surged by 8%, reaching a new record price beyond the $882 mark, which now serves as a resistance level for the token. Manuel Villegas, an analyst at Julius Baer, noted in a research report that the correlation between cryptocurrencies and equities is currently strong.  He emphasized that the market mood is likely to be highly responsive to comments from the Jackson Hole meeting of monetary authorities and any subsequent reactions from fiscal authorities. ¿A Bullish Q4 Ahead? On social media platform X (formerly Twitter), market experts weighed in on the implications of Powell’s statements highlighting what could come next for the broader cryptocurrency market.  Doctor Profit remarked that Powell’s announcement was the most anticipated event for both the stock and crypto markets, suggesting that the market had already priced in the likelihood of upcoming rate cuts.  He cautioned that a “sell the news” reaction could soon occur, as traders might capitalize on the gains made in anticipation of these developments.  Related Reading: Dogecoin About To Explode? On-Chain Models Hint At A Massive Rally In a social media post, Lark Davis asserted that the Federal Reserve Chair’s comments have effectively opened the door for potential rate cuts as early as September, hinting that the fourth quarter of the year could end up being “extremely bullish.” As of this writing, Ethereum is trading at $4,740. It has the best performance of the day among the top cryptocurrencies, with a significant 13% uptrend witnessed in today’s trading session. Bitcoin, on the other hand, is still far from the record $124,000 level reached last week, despite its 4% surge in the last 24 hours. Trading at $116,000, Bitcoin is still 6% below its all-time high. Featured image from DALL-E, chart from TradingView.com 

Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market data suggesting reduced demand from buyers on major exchanges. According to recent analysis shared on CryptoQuant’s QuickTake platform, the decline is closely tied to shifting activity on Binance, the world’s largest crypto exchange by volume. The analyst, known by the pseudonym Arab Chain, explained that Bitcoin’s downward trajectory this month corresponds with fading buying pressure on Binance. The pattern indicates that sellers have been able to exert more control in recent sessions, with spot market data showing a liquidity exit from buyers. Related Reading: This Bitcoin Volume Signal Nailed The Top & Bottom: Analytics Firm Bitcoin Exchange Data Highlights Reduced Demand Arab Chain’s analysis noted that between early August and August 22, Bitcoin slipped from levels above $123,000 to near $113,000. During the first half of the month, strong waves of buyer activity supported upward price moves. However, as the month progressed, indicators such as Binance’s Volume Delta shifted negative, reflecting a reversal in the balance between buyers and sellers. At one point, net outflows from buyers reached levels close to -$600 million, suggesting that sellers were absorbing liquidity without enough counter-pressure. The analyst emphasized that Binance data carries weight given the platform’s depth and liquidity. A decline in buying activity despite stable overall volume points to a cautious stance from large traders and institutions. Some of the selling may be linked to profit-taking at resistance zones near $120,000, while the lack of strong follow-through buying reduced the likelihood of sustaining higher prices. This pattern reflects how spot market demand remains critical for price stability at elevated levels. Miner Behavior Points to Accumulation Shift In addition to exchange data, unusual activity between miners and Binance has drawn attention. Arab Chain also highlighted an increase in transfers from Binance to miner-linked wallets, a reversal of the more common pattern of miners sending Bitcoin to exchanges for sale. Past episodes of such flows, averaging more than 10 BTC per transaction, preceded rebounds in the market earlier this year. This may suggest that miners are holding back supply or preparing reserves in anticipation of future price strength. The implications of these transfers depend on interpretation. If miners are moving Bitcoin to cold storage, it indicates reduced short-term selling pressure and could support the market by lowering available supply. Related Reading: Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market On the other hand, if the transfers represent profit redistribution or eventual liquidation through other channels, the effect may be neutral or even negative. Still, the data points to a strategic shift in miner behavior, adding another layer of complexity to the current correction phase. Featured image created with DALL-E, Chart from TradingView

Strategy (previously MicroStrategy), the software firm co-founded by Bitcoin (BTC)  bull Michael Saylor has seen its stock, MSTR, take a considerable hit plummeting by nearly 20% since last month, in line with the broader market correction.  This downward trend is expected to persist, according to Gus Galá, an analyst at Monness, Crespi, Hardt, who recently reiterated a Sell rating on the stock with a price target set at $175. Analyst Cautions Against Long Positions In Strategy On Thursday, shares of Strategy fell an additional 2.4%, closing at $336.48. The company has attracted considerable attention for becoming the largest corporate holder of Bitcoin, with its Bitcoin treasury surpassing the 600,000 figure.  Related Reading: Analyst Sounds The Alarm—Bitcoin Could Slide Toward $88K Despite the recent selloff, Strategy’s stock has seen major growth, climbing over 140% in the past year, primarily due to Bitcoin reaching new highs beyond $120,000. However, Galá warns that the volatility associated with Bitcoin poses significant risks.  He argues that companies with large Bitcoin treasuries are indicative of a later stage in the Bitcoin market cycle. For Strategy’s stock to defy this trend, Bitcoin would need to break free from its historical pattern of boom-and-bust cycles and sustain a prolonged bull run. Historically, there have been times when Strategy’s market capitalization exceeded its actual Bitcoin holdings by more than double. Currently, with a market cap-to-Bitcoin ratio of 1.34-to-1, Galá suggests that while investors shouldn’t increase short positions, they should also refrain from taking long positions. He believes that the market cap multiple is likely to decline, driven in part by skepticism in the credit markets regarding the debt Strategy has issued to finance its Bitcoin acquisitions. Crypto Stocks Suffer Setbacks Galá also expressed doubt that credit rating agencies will be inclined to assign investment-grade ratings to Strategy’s treasury strategy, especially in the near term. This skepticism stems from the fact that the company’s profits are largely unrealized gains from its Bitcoin holdings.  Securing an investment-grade rating could potentially allow Strategy to issue and repay its debt under more favorable terms, but this would require Bitcoin to be perceived as a more stable digital asset, akin to gold. Related Reading: XRP On-Chain Activity Explodes By 500%, What’s Going On? After reaching a new record price just above $124,000, the market’s leading cryptocurrency has seen its valuation drop 9% from all-time high levels currently attempting to consolidate between $112,000 and $113,000.  Beyond Strategy, crypto stocks have also seen their valuations drop. On Thursday, shares of USDC issuer Circle (CRLC) dropped 4% after the initial excitement following the firm’s initial public offering (IPO). US-based cryptocurrency exchange Coinbase (COIN) saw its shares drop toward the key $300 support, meaning a 2.5% decline compared to Wednesday’s trading session.  Featured image from DALL-E, chart from TradingView.com 

Binance’s native token BNB reached a new milestone today, setting an all-time high of $881 before correcting slightly to $849 at the time of writing. Despite broader market consolidation in recent days, BNB’s performance marked a 2.6% increase in the past 24 hours. The development has drawn notable attention from traders and analysts, many of whom are now evaluating whether the momentum is sustainable. CryptoQuant analyst CryptoOnchain shared insights on the rally, pointing to both technical signals and on-chain data as key factors behind the altcoin’s latest upward movement. According to his analysis, the decisive breakout above the $800–$810 resistance zone has turned that range into an important support level. He noted that maintaining this threshold could sustain bullish sentiment, with the $900 level emerging as the next psychological target. Related Reading: BNB Price Coiling for Breakout—Next Leg Higher in Sight Technical and On-Chain Analysis of BNB On the technical side, the altcoin’s entry into “price discovery” mode has raised questions about the sustainability of its rally. CryptoOnchain explained that breaking above historical resistance levels typically attracts new inflows and strengthens confidence in long-term holding. From an on-chain perspective, the analyst highlighted “Rolling Percentage Gains” across multiple timeframes. The data suggests that all major holder cohorts, from short-term to long-term investors, are currently in profit. This reduces potential sell pressure as investors are less motivated to exit positions. At the same time, accelerating short-term gains reflect fresh demand, while one-year rolling gains indicate that the rally is not merely speculative but backed by sustained accumulation. According to CryptoOnchain, the combination of these factors presents a case for continued strength as long as the altcoin holds above the $800 support zone. “The technical breakout is supported by confident, profitable holders,” he wrote. “As long as BNB holds the crucial $800 support level, the outlook for testing higher targets remains highly favorable.” Analysts See Potential for $1,000 Beyond technical and on-chain metrics, independent market observers are also weighing in on the altcoin’s trajectory. A crypto analyst known as BitBull on X noted that BNB’s new all-time high coincides with a structural shift in its price action. The token’s long-standing resistance has now flipped into support, creating what he described as conditions for further growth. “$BNB hit a new ATH of $880 today. It has now flipped its multi-year resistance level into support. With public-listed companies bidding BNB, $1K BNB is just a matter of time,” BitBull commented. Related Reading: BNB Tracks Bitcoin’s Playbook, Eyes Breakout Toward $1,200 BNB’s rise comes amid an evolving market for exchange tokens. While some have struggled to maintain relevance, BNB has consistently grown in utility, supported by Binance’s ecosystem, which includes trading fee discounts, token launches, and blockchain infrastructure through the BNB Chain. This dynamic has helped position the token as one of the top five cryptocurrencies by market capitalization. Featured image created with DALL-E, Chart from TradingView

Bitcoin (BTC) recently surged to a new all-time high, surpassing $124,000, only to experience a subsequent drop of 9%. This volatility has sparked widespread speculation about the current state of the bull market, the potential for an ongoing “alt season,” and whether Bitcoin has reached its peak.  In light of the current price action, market expert Miles Deutscher has shared insights on the social media platform X (formerly Twitter), suggesting that August may be viewed as a significant trap in the crypto market.  Two Scenarios For Bitcoin First, Deutscher points out a significant change in market strength. Ethereum (ETH) seems to be outperforming Bitcoin in terms of both price and narrative. He claims that Bitcoin has been showing signs of structural weakness since early July. Related Reading: Analyst Sounds The Alarm—Bitcoin Could Slide Toward $88K A key factor contributing to this downturn, according to the expert’s analysis, is the diminishing influence of Strategy’s (MicroStrategy) treasury purchases, which previously fueled the cryptocurrency’s last rally.  Deutscher asserts that this decline in demand has resulted in stalling momentum for BTC, leading him to speculate that it may remain range-bound until further clarity emerges from upcoming interest rate decisions. In his analysis, Deutscher outlines two potential scenarios for the Bitcoin price trajectory. The first possibility involves a dip to the lows around $111,000, which could coincide with Ethereum’s critical support level of $4,000.  The second scenario envisions a reclaiming of the mid-range price of $115,500, which could pave the way for renewed upward momentum.  Conversely, the narrative surrounding Ethereum continues to significantly gain traction, bolstered by an estimated $27 billion in sidelined capital poised for investment in the decentralized asset token (DAT) ecosystem. What’s Next For Ethereum And Crypto Market? Interestingly, ETH has recently surpassed BTC in terms of trading volume for treasury companies. Deutscher notes that this trend suggests Ethereum still has considerable room for growth relative to Bitcoin, making it a less saturated trade.  This relative strength is reflected in the performance of altcoins, which have shown resilience against Bitcoin. Unlike past corrections, where altcoins suffered significant losses, this time the altcoin market has maintained support and exhibited bullish signals. Related Reading: Dogecoin Holder Count Surges Toward New All-Time Highs — Here Are The Figures Amid the current market reaction, macroeconomic factors have played a crucial role in price action. Uncertainty surrounding the Federal Reserve’s (Fed) policies, in light of the upcoming Jackson Hole speech, has led to a wave of de-risking among investors.  The market’s response to hot Producer Price Index (PPI) data is also highlighted as it has altered expectations regarding interest rate cuts, heightening fears of a hawkish stance from the Federal Reserve, contributing to the recent sell-off. Deutscher anticipates that this market behavior may lead to a “classic sell into the end of the month” pattern, particularly as September historically presents volatility for Bitcoin.  However, the expert posits that once the uncertainty dissipates, particularly following the Jackson Hole event and the subsequent rate decision next month, the market may be well-positioned for another attempt at new highs. When writing, BTC trades at $113,000, attempting to consolidate 9% below its all-time high reached on August 14. Featured image from DALL-E, chart from TradingView.com 

Bitcoin continues to retrace from its record highs, with the asset trading below $115,000 at the time of writing. Current price levels place Bitcoin near $113,098, a decline of around 6.5% over the past week and close to 9% below its all-time peak. Despite the downturn, analysts monitoring on-chain data suggest the broader market cycle may still have room to extend upward. One such view comes from CryptoQuant’s QuickTake contributor, PelinayPA, who analyzed Bitcoin’s market value to realized value (MVRV) ratio. The analyst noted that while recent corrections may weigh on short-term sentiment, historical patterns in MVRV indicate that Bitcoin has not yet reached conditions typically associated with market cycle tops. Related Reading: Is The Bitcoin Treasury Bubble Popping? Expert Answers Bitcoin MVRV Ratio Points to Neutral but Upward Potential The MVRV ratio is a widely tracked on-chain indicator that compares Bitcoin’s total market capitalization with its realized capitalization, which reflects the aggregated value of coins at the price they last moved on-chain. Historically, when the ratio climbs into the 3.5 to 4 range, it signals a potential overheating of the market. At these levels, most holders are in profit, selling activity rises, and price tops are often reached. Conversely, MVRV levels below 1 have historically marked accumulation phases and strong long-term entry points. Currently, Bitcoin’s MVRV ratio stands around 2.1. According to PelinayPA, this reading positions the market within a “neutral to bullish” zone, suggesting that while Bitcoin is no longer cheap, the conditions for an extended rally remain intact. The analyst noted that in previous cycles, the MVRV ratio advanced significantly higher before a peak, implying that Bitcoin’s price would need to move into the $140,000–$180,000 range for the indicator to reach historical top levels. However, the data also suggests that corrections along the way are plausible. “Since MVRV is already above 2, the market is not cheap anymore — short to mid-term corrections may occur along the way,” PelinayPA explained. The balance between potential upside and intermittent drawdowns reflects a phase of consolidation within a broader bull market structure. Exchange Flows Signal Mixed Market Behavior In a separate analysis, CryptoQuant contributor BorisD examined exchange netflow data, focusing on Binance, the world’s largest crypto trading platform. The report highlighted notable trends across several altcoins, showing how capital movements may inform future market conditions. According to the data, tokens such as ENJ (Enjin) and FET (Fetch.ai) recorded significant outflows from Binance. This pattern typically indicates that investors are moving assets to private wallets, which can be interpreted as a sign of longer-term holding behavior. In contrast, assets like ANKR and MATIC have seen strong inflows onto exchanges, raising the possibility of either upcoming selling pressure or speculative positioning ahead of market shifts. Related Reading: Bitcoin Fear Is Back: Traders Flip As Price Plunges To $113,000 BorisD suggested that monitoring which assets are attracting inflows versus outflows could help investors identify potential opportunities in the altcoin market. “Identifying which of these altcoins are currently near potential bottoms and positioning for their next rally seems to be the most rational strategy,” the analyst wrote. Featured image created with DALL-E, Chart from TradingView

In a recent address, pro-crypto Senator Cynthia Lummis revealed her efforts to expedite the passage of a crucial piece of legislation known as the Market Structure Bill.  This initiative follows the recent enactment of several significant laws, including the GENIUS Act, the CLARITY Act, and the Anti-CBDC bills, all aimed at shaping the future of digital assets in the United States. Keys Behind The Responsible Financial Innovation Act Since the House of Representatives passed these key crypto bills last month, the Senate Banking Committee has been crafting its version of a comprehensive regulatory framework for cryptocurrencies.  Under the leadership of Chairman Tim Scott and alongside Senators Lummis, Bill Hagerty, and Bernie Moreno, the committee introduced the draft of the “Responsible Financial Innovation Act of 2025.”  This piece of crypto legislation seeks to provide much-needed regulatory clarity, promote innovation, and address the significant risks often associated with the evolving digital asset landscape. Related Reading: Expert Touts Chainlink Advantage Over XRP In Institutional Adoption Race The Senate’s proposed framework builds on the foundation laid by the Clarity Act, which primarily aimed to empower the Commodity Futures Trading Commission (CFTC) and classify digital assets as commodities.  In contrast, the Senate bill grants the Securities and Exchange Commission (SEC) primary regulatory oversight over what it terms “ancillary assets.”  Notably, the bill specifies that these ancillary assets should not be classified as securities, and transactions involving them would not fall under federal securities laws, including the Securities Investor Protection Act of 1970. This comes on the heels of statements from SEC Chair Paul Atkins, who suggested that only a small number of tokens could be classified as securities, depending on how they are packaged and marketed. Crypto Legislation’s Thanksgiving Deadline The bill also takes a stance on combating illicit financial activities associated with digital assets. It mandates new regulations for anti-money laundering (AML) efforts and countering the financing of terrorism. The draft unveils that one of the most pressing challenges in developing a robust digital asset market is determining how traditional banks and financial institutions fit into this evolving ecosystem.  Related Reading: Solana Is Not Dead? This Upper Boundary Retest Could Set The Stage For $268 An increasing number of banks such as Morgan Stanley, Citigroup, and Bank of America, are now considering the integration of crypto assets, particularly stablecoins, as a means to overcome traditional payment barriers.  The proposed legislation aims to address this issue by explicitly allowing banks and financial holding companies to engage in a variety of digital asset activities, including custody and trading. During a recent conversation at the SALT conference in Jackson Hole, Wyoming, Senator Lummis expressed her confidence in the crypto bill’s momentum, stating, “We will have it on the President’s desk before Thanksgiving.”  Featured image from DALL-E, chart from TradingView.com

As traditional financial firms increasingly explore the integration of stablecoins into their operations, Goldman Sachs has made a bold prediction: the stablecoin sector could soon reach valuations in the trillions.  This optimism comes on the heels of significant regulatory developments, most notably the recent introduction of the GENIUS Act, which aligns state and federal frameworks for stablecoin regulation. ‘Stablecoin Gold Rush’ US Treasury Secretary Scott Bessent expressed confidence in the role of stablecoins, suggesting they could significantly boost the market for US Treasuries.  According to a report from the Financial Times, Bessent has indicated that the government may increase the sale of short-term debt to meet the anticipated demand for these cryptocurrencies. Related Reading: Expert Touts Chainlink Advantage Over XRP In Institutional Adoption Race Goldman Sachs views this moment as the dawn of a “stablecoin gold rush.” In a recent research paper authored by Will Nance and his team, the bank noted that the global market for stablecoins currently stands at approximately $271 billion.  They anticipate significant growth, particularly for Circle’s USD Coin (USDC) stablecoin, which they believe will gain market share both on and off the Binance platform.  The report estimates that USDC could see an impressive $77 billion increase, representing a compound annual growth rate (CAGR) of 40% from 2024 to 2027. The Potential Impact Of Dollar-Pegged Cryptocurrencies The potential market for stablecoins is vast, with Goldman Sachs highlighting that Visa estimates the addressable market for payments at around $240 trillion in annual payment volume.  Consumer payments alone account for about $40 trillion, while business-to-business (B2B) payments and person-to-person (P2P) transactions make up the remainder.  The unique structure of stablecoins—requiring them to be backed one-to-one with US dollars or government bonds—means that each stablecoin issued directly increases demand for the bonds that back them.  Some market analysts believe this approach will have a profound impact on the bond market, particularly for short-dated bonds, which often yield low interest rates.  Related Reading: Shiba Inu Takes Major Step With Community Governance Model — Details A research paper from the Bank for International Settlements also supports Goldman Sach’s view, suggesting that significant inflows into the stablecoin market could lower three-month Treasury yields by 2 to 2.5 basis points within a short time frame.  However, the bank’s paper also notes that the effects of stablecoin outflows are disproportionately greater, causing yields to rise by two to three times as much. Amid significant regulatory progress from the Trump administration, including the passage of the GENIUS Act for stablecoins, the CLARITY Act, and the Anti-CBDC bill, there have been increased inflows in the broader crypto market. Significant capital has entered Bitcoin and Ethereum exchange-traded funds (ETFs), and there is a new trend of adopting cryptocurrencies as treasury reserves. These factors have led to a new all-time high in total crypto market capitalization of $4.17 trillion. As of this writing, the figure has dropped to $3.81 trillion, as the market’s largest cryptocurrencies have led the correction witnessed since last week. Featured image from DALL-E, chart from TradingView.com

TRON (TRX) has maintained relative stability despite recent market-wide corrections, recording only a minor decline of around 2% over the past week. The asset continues to hold above $0.35, reflecting steadiness when compared to other major altcoins. On a longer time frame, TRON remains in an upward trend, posting a 4.7% gain in the last two weeks. This performance stands out against a backdrop of volatility across the broader cryptocurrency market. Analysts suggest that part of this resilience may be tied to TRX’s relative strength against Bitcoin (BTC). Market data indicates that while most leading altcoins have shown weakness in their BTC pairs, TRON has demonstrated consistent momentum. This divergence has drawn closer attention from traders and investors seeking assets that maintain performance during corrective phases in the crypto sector. Related Reading: TRON’s Futures Map Says “Not Overheated” — Could Another Rally Be Coming? TRX Outperforms Altcoins in BTC Pairs According to data shared by CryptoQuant contributor Crazzyblockk, TRON has outpaced other major altcoins in weekly BTC pair performance. The TRX/BTC ratio recorded a 2.66% increase, while ETH/BTC remained nearly flat at 0.02%, XRP/BTC dropped by 2.28%, and SOL/BTC rose by just 0.85%. This distinction suggests stronger market demand for TRX compared to its peers. The analyst explained that TRON’s sustained performance in its BTC pair highlights growing investor interest and resilience at a time when other altcoins continue to struggle. “While most altcoins continue to face uncertainty in their BTC pairs, TRON stands out with consistent positive momentum, suggesting stronger demand and resilience,” Crazzyblockk noted. He further added that monitoring TRX’s strength against Bitcoin could provide signals of broader capital rotation toward TRON, especially if the trend continues over the coming weeks. TRON Network Expands as USDT Adoption Surges Beyond price performance, the TRON network has seen notable growth in its role as a leading blockchain for stablecoin activity. Another CryptoQuant analyst, Arab Chain, highlighted that TRON has consolidated its position as the primary network for USDT transactions. From January to August 2025, the number of cumulative addresses receiving USDT on TRON surged from about 5 million to over 35 million. This expansion shows TRON’s increasing use case for remittances and digital payments, supported by its low-cost and high-speed infrastructure. While the number of addresses may not precisely reflect individual user counts, the steady increase points toward broad adoption across exchanges, wallets, and decentralized applications. Arab Chain observed that the consistent rise indicates genuine demand and organic network growth, with new participants entering the ecosystem rather than merely reusing existing accounts. The trend also points to a maturing ecosystem for TRX as a central hub for stablecoin flows. The analyst notes that the platform’s ability to capture a large share of the stablecoin market reinforces its strategic role in the wider cryptocurrency sector. If this momentum continues, TRX could further establish itself as a foundational layer in the digital asset economy, particularly in the context of global stablecoin adoption. Featured image created with DALL-E, Chart from TradingView

The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP.  Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing 5.2% of its value. Crypto Market Faces New Downturn According to a recent report by Barron’s, the recent downturn can be attributed to a combination of macroeconomic factors that have dampened investor optimism.  Wholesale price data has also raised concerns about the potential for sustained high interest rates, while Treasury Secretary Scott Bessent confirmed that the US government does not plan to expand its Bitcoin reserves.  Related Reading: Ethereum Hits $4,350 Liquidity Pool: Can Demand Hold? Antonio Di Giacomo, analyst at XS, emphasized the impact of macroeconomic indicators on cryptocurrency prices. He pointed out that Bitcoin’s pullback after reaching an all-time high illustrates the volatility that can accompany such rapid price movements, even as institutional adoption of cryptocurrencies continues to rise.  The analyst believes that the digital asset market now appears to be balancing optimism with caution, navigating both structural demand and speculative exposure. Looking ahead, market analysts are closely watching upcoming statements from Federal Reserve (Fed) Chair Jerome Powell at the Jackson Hole Symposium.  Any hints of hawkishness or delays in rate-cut expectations could further pressure risk assets, including cryptocurrencies. Conversely, dovish signals may help sustain the current momentum in the market. September Challenges For Bitcoin In a recent social media post on X (formerly Twitter), market expert Doctor Profit has shared insights regarding the next price trajectory for Bitcoin. He forecasts a sideways movement within a narrow range of approximately 8% leading into September.  While the medium-term outlook remains bullish, he anticipates a significant correction in September, warning that it could be a challenging month for the crypto market.  Profit advises that now is the time to prepare for potential short positions, as he expects prices to decline in the coming weeks, allowing traders to buy back at lower levels. Related Reading: After Monero Hit, Qubic Group Puts Dogecoin On Target List Despite the current pullback, on-chain data reveals continued accumulation by larger wallets, indicating that major investors remain optimistic about the long-term potential of cryptocurrencies.  The expert also highlighted that the funding rates also appear healthy, suggesting that the market is not facing immediate selling pressure despite the recent Bitcoin and Ethereum price declines leading the current downturn.  As of this writing, Bitcoin trades at $115,630, registering a 6.5% gap from the recently achieved $124,000 record. Ethereum on the other hand, has been inching closer to its all-time high with the drop stopping at the $4,300 support.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin’s momentum has slowed after reaching a new all-time high above $124,000 last week. The cryptocurrency has since moved lower, with its price slipping by nearly 10% from that peak. At the time of writing, BTC is trading around $115,424, reflecting a 2.5% decline in the past 24 hours. The retracement has drawn attention to on-chain activity and investor behavior, particularly among long-term holders (LTHs). A CryptoQuant analyst has been monitoring realized profit and loss metrics to gauge whether the current cycle is approaching its peak or if more upside potential remains.  Data released by the analyst sheds light on how seasoned holders are reacting to Bitcoin’s latest rally. Related Reading: Bitcoin Bulls Must Survive Brutal September Before Q4 Hope, Analyst Predicts Long-Term Holder Trends Across Market Cycles CryptoQuant contributor PelinayPA shared an assessment of Bitcoin’s long-term holder realized profit and loss (RPL) metric, which tracks when investors who have held coins for extended periods decide to sell. According to the analyst, this indicator has historically been reliable in signaling both cycle tops and bottoms. The analysis highlights key phases across multiple market cycles. During the 2017 bull market, a surge in LTH realized profits coincided with Bitcoin’s peak. By contrast, in the 2018–2019 bear market, profit realization slowed dramatically, while losses surfaced, reflecting the market bottom. A similar pattern was observed in 2021, though the profit realization was more gradual, suggesting that selling pressure was spread across the market rather than concentrated in short bursts. When Bitcoin entered the 2022–2023 downturn, realized losses increased significantly as the asset fell into the $15,000–$20,000 range. That period was characterized by panic selling among longer-term holders. In the current market, however, PelinayPA notes that while profit-taking is visible, it remains moderate compared with past peaks. This indicates that, although selling is occurring, it has not yet reached the levels typically associated with a cycle top. What the Current Data Suggests for Bitcoin The current phase of moderate profit realization suggests caution but does not confirm that Bitcoin has fully topped out. PelinayPA explained that: Historically, sharp increases in LTH profit realization (large green spikes) align with bull market tops. Current selling (mid-2025) is measured and gradual, which implies BTC may still be in the late stages of a bull cycle. If LTH selling accelerates, it could mark the next peak. This measured approach by long-term holders could mean that the market retains some room for additional upward movement, provided selling pressure does not intensify. At the same time, the data highlights that a shift toward heavier profit-taking would be an important warning signal for traders and institutions watching the market closely. Related Reading: Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support On-chain analytics firms frequently point to these long-term holder behaviors as leading indicators. While Bitcoin’s price action continues to consolidate below its record high, how these investors act in the coming weeks could set the tone for the next stage of the cycle. For now, the data suggests that the rally has not yet reached conditions historically associated with a definitive top, but market participants are advised to watch profit realization closely. Featured image created with DALL-E, Chart from TradingView

Bitcoin has been moving sideways, and traders are starting to lose patience. The world’s largest cryptocurrency couldn’t hold recent highs, sparking talk about whether the market is bracing for a sharper swing. Some analysts say the pause is normal, others warn it could be the calm before the storm. Related Reading: XRP Chatter Reaches Ride-Share Drivers — Small Survey Shows Mixed Results Traders Watch Price Levels Closely Popular market watcher Daan Crypto Trades pointed out that Bitcoin’s struggle to pick a direction isn’t unusual. He noted the coin has been locked between support and resistance zones, with neither bulls nor bears taking control. It’s the kind of setup that often leads to big moves once one side gives in. $BTC August has been pretty uneventful for Bitcoin so far. We’ve seen some movement but no clear direction as price consolidates in this current range. Never in history, has BTC seen both a green August and September. We tend to see a quick flush followed by an explosive Q4 in… pic.twitter.com/cClxJUG6Vh — Daan Crypto Trades (@DaanCrypto) August 17, 2025  Meanwhile, technical evidence sends mixed signals. By September 16, 2025, Bitcoin will reportedly hit at least $130,266, which is a 13.07% increase compared to the previous prediction. The Fear & Greed Index is currently at 60, indicating that greed is on the menu, while sentiment indicators are neutral. In the last 30 days, Bitcoin had 14 green sessions out of 30, and the average performance remained on the positive at 1.63%. That isn’t extreme, but it does indicate that traders are being cautious. Analysts Split On What’s Next There are a few investors who believe the current lull is nothing but a breather before another rally. They say that buying interest remains high, particularly with long-term demand coming from institutions. Skeptics, however, believe the latest rejection at higher levels is a sign of weakness and that another pullback opportunity has opened up. Jitters in the marketplace always invite disorientation, and this moment is no exception. A 13% gain sounds exciting, but sentiment may change in a heartbeat if the Bitcoin price loses the entire support level. Traders are keen to see if momentum will pick up or if the sideways chop will continue. Related Reading: XRP’s Toughest Bull Run Could Lead To Big Gains, Analyst Claims Is It A Good Time To Buy? Based on technical indicators, reports suggest it may still be a decent entry point. But timing is tricky. With price forecasts pointing toward $130K and resistance overhead, the next few weeks could decide the short-term trend. Some see this as a chance to accumulate, while others would rather wait for a clearer breakout. For now, Bitcoin sits in limbo. Traders are scanning the charts, looking for clues on whether the path to $135K is still alive — or if the market is setting up for another surprise. Featured image from Adobe Stock, chart from TradingView

XRP is moving in tandem with the broader crypto trend and has managed to hold above the $3 price level. According to a recent technical analysis by popular crypto chartist Egrag Crypto, XRP’s price action is about to enter a critical stage that will push it well above double digits. Its monthly Relative Strength Index (RSI) is currently playing out what he calls the “Cycle of Three,” which projects an incoming explosive phase. Major Pump, Correction, And Blow-Off Top Egrag’s framework is built around a repeating pattern that’s always taking place on XRP’s monthly RSI indicator. According to his analysis, the first stage of the cycle historically delivers a major RSI pump, followed by the second stage, where corrections set in, and then a third stage that has consistently played out as a blow-off top. Related Reading: XRP Chatter Reaches Ride-Share Drivers — Small Survey Shows Mixed Results Both Cycle 1 and Cycle 2, which took place during the XRP rallies of 2017 and 2021, respectively, exhibited the same sequence, although with varying levels of intensity. The 2017 rally was much greater than the 2021 rally, which was suppressed by the Ripple lawsuit at the time. As such, the 2021 RSI pattern was much less pronounced, but it followed the same sequence nonetheless. The current setup, which is marked as Cycle 3 in the chart below, has already seen the pump and correction phases completed. What remains, according to the analyst, is the third stage. This is the push to an RSI blow-off top that could send the price of XRP into new territories. Egrag Crypto predicted three possible targets of 80, 87, and an ambitious 97 for XRP’s monthly RSI peak in the current cycle. These numbers are derived from the RSI trajectory observed in the last two cycles and projected onto today’s XRP RSI conditions. Image From X: Egrag Crypto What Does This Mean For XRP’s Price? If XRP’s monthly RSI reaches levels such as 80, 87, or even 97, it would be one of the strongest overbought signals in the asset’s history. The last time XRP’s monthly RSI crossed above 90 was during the 2017 bull run, which saw XRP’s price explode from less than $0.1 to its then all-time high of $3.40.  Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details In technical terms, an RSI above 70 means that an asset is trading at overheated levels, but in bull markets, these conditions can persist for extended periods during price rallies. For XRP, such elevated RSI readings would likely coincide with new all-time highs that mirror those seen in the 2017 bull run. Realistically, this could see the XRP price break above its newly established all-time high of $3.65 and into $4, $5, and beyond into double digits. XRP RSI reaching above 90 could also serve as a warning that the price may already be at a new multi-year top. At the time of writing, the monthly XRP RSI was at a 73 reading. XRP was trading at $3.12. Featured image from Pexels, chart from TradingView

Ethereum is about to enter into a new week, coming off of a week of interesting price action that saw it trading at its highest price levels since 2021. On one hand, the Spot Ethereum ETFs that had driven billions in inflows have just recorded their first daily outflow in over a week. On the other hand, order-book data shows a towering sell wall at $4,800 that could be described as Ethereum’s “final boss,” the level that could unlock a parabolic run if broken. Related Reading: XRP Chatter Reaches Ride-Share Drivers — Small Survey Shows Mixed Results ETF Inflows Break: Sentiment Cooling Down? The optimism around Ethereum’s rally cooled just as the week came to a close. Notably, US-based Spot ETH ETFs reported net outflows of $59.34 million on August 15, effectively ending an eight-day streak that had added $3.7 billion in inflows.  The reversal came just as Ethereum failed to clear $4,788, a level within 3% of its all-time high of $4,878, before slipping back to about $4,450. Although BlackRock’s ETHA stood out with $338.09 million in daily inflows, Grayscale’s ETHE and Fidelity’s FETH registered notable withdrawals of $101.74 million and $272.23 million. Total Ethereum Spot ETF Net Inflow: SoSoValue Speaking of Ethereum failing to clear $4,788, on-chain data shows a huge cluster of liquidity around this level. Particularly, Merlijn The Trader described the $4,800 as the “final boss” for ETH, pointing to billions in sell orders stacked at that level on Binance’s ETH/USDT pair. A liquidity heatmap shows a massive concentration of asks in this zone. According to the analyst, breaking above this level could unleash open skies for Ethereum. As long as this level is filled with more asks, there’s a possibility of it acting as a resistance for any upward move. However, clearing this fortress with enough buy volume would not just be a technical breakout but a psychological one, with the potential to push its price to new all-time highs. Image From X: Merlijn The Trader Bearish Retracement Scenario Although the liquidity narrative is currently leaning more towards a bullish breakout than bearish, another analysis from TradingView paints a more cautious picture. The analysis, which is based on the 4-hour candlestick timeframe chart, also identifies the $4,700 to $4,800 region as a supply-heavy resistance where Ethereum has already shown signs of exhaustion after an aggressive rally from early August.  However, multiple technical alignments, such as Break of Structure signals, fair value gaps (FVG), and Fibonacci retracements, show that Ethereum may be due for a retracement. The trade plan outlined anticipates an entry around $4,440, with a stop loss above $4,790 and a downside target of $3,375 at a strong support area. This would imply a corrective move of over 20% if the bearish projection plays out. Chart Image From TradingView Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details At the time of writing, Ethereum was trading at $4,465. Featured image from Unsplash, chart from TradingView