BTC bulls helped stage a fast restoration on August 7, 2025, reclaiming the 117k degree after a short downward stint beneath the Bollinger Band assist, in what analysts are calling a textbook “head pretend” reversal, reigniting bullish sentiments as the perfect crypto to purchase now.
Now that bullish sentiments have reignited, merchants are eyeing the 119k mark as the following main resistance zone. Furthermore, in line with the BTC heatmap knowledge, liquidity clusters between $117.5k and 118k counsel that there is perhaps a possible grind greater as merchants proceed to liquidate brief positions.
Additional to this, the each day CME futures hole has been stuffed, establishing a brand new assist close to $114k. Within the background, there’s a divergence forming between spot value motion and ETF flows. Bollinger has flagged the setup as a potential lure for overzealous bears.
Based on CoinGlass’s heatmap knowledge, the BTC is encountering mounting resistance within the rising liquidation clusters between 117.5k and 118k. On the flipside, draw back bids are accumulating round 114k, a degree bolstered by the completion of the CME futures hole.
(CoinGlass Heatmap Information)
This degree has traditionally served as a key level of convergence for spot costs, enhancing its credibility as a assist base.
$BTC liquidation map reveals main lengthy cluster at ~116000 (left) and brief cluster at ~118000 (proper). These act as value magnets, potential volatility drivers. Config: optical_opti. pic.twitter.com/iJDczuolzG
— TheKingfisher (@kingfisher_btc) August 9, 2025
Analysts counsel that if the BTC can push previous the 119k mark, $120k turns into the following massive goal each psychologically and technically.
Discover: High Solana Meme Cash to Purchase in August 2025
Ethereum Eyes $4500! Is It The Finest Crypto To Purchase Now?
During the last 24 hours, ETH noticed $229.49 million in futures liquidation, with CoinGlass’s knowledge exhibiting $22.24 million wiped away from longs and $207.25 million from shorts. ETH bounced off assist close to $3,470 final week and has since then surged 15% reclaiming the $4000 mark for the primary time since December 2024.
As of this second, ETH is dealing with resistance on the $4100 degree, marked by historic promoting strain and a descending trendline that traces again to its November 2021 all-time excessive.
A breakout above the $4100 mark might lead to one other bullish run and will doubtlessly see ETH surge in direction of the $4500 mark, a key resistance zone earlier than retesting its all-time excessive of $4,868.
In the meantime, it should defend its $3470 assist to protect this bullish momentum. A weekly shut beneath this degree might set off a drop in direction of $3220, and if that fails, the $3000 psychological assist zone may come into play.
Momentum indicators, such because the RSI indicator, are flashing crimson because the ETH nears the overbought territory, whereas the Stochastic Oscillator has remained overbought since June. Whereas indicators at present point out a bullish momentum, the potential for a short-term cooldown should not be dominated out.
$ETH: Appears to be like actually good right here, it reached the very best value since December 2021. This can be a breakout by way of a multi-year resistance. Might bounce to 5k after which re-test 4k as assist. https://t.co/KdV98aYjvM pic.twitter.com/1qDPl7YaID
— Christian Ott (@ChrisOtt) August 9, 2025
On a brighter notice, ETH has gained greater than 180% since hitting its latest low of $1385 in April and has rallied by greater than 60% over the previous month. A powerful shopping for strain from company entities pivoting in direction of ETH treasury has fuelled this latest efficiency.
Furthermore, it obtained a regulatory increase from the SEC (Securities and Trade Fee) on 5 August 2025 after the regulatory physique clarified that liquid staking of crypto belongings doesn’t breach securities regulation.
Discover: 10+ Crypto Tokens That Can Hit 1000x in 2025
Meme Coin Bitcoin Hyper’s Presale Explodes Previous $7.7M
Hyper Bitcoin has taken the meme coin trade by storm, with a whale lately investing $96k in it. Hyper, a brand new meme coin and a Bitcoin layer 2 challenge, is constructed utilizing the Solana Digital Machine (SVM).
It goals to convey gaming, DeFi and real-world asset tokenisation onto Bitcoin’s ecosystem by providing sooner transaction time and decrease charges, all whereas sustaining a Bitcoin-grade safety.
The meme coin has already raised over $7.7 million in its presale, and whereas there isn’t any official launch date but, there may be hypothesis of a Q3 debut.
Hyper makes use of a bridge mechanism to lock BTC and situation a wrapped token usable throughout dApps, and likewise affords a 320% APY staking choice for early members.
With Bitcoin gaining momentum, Hyperis is gaining curiosity amongst good cash traders as a possible This autumn breakout play!
Go to Bitcoin Hyper Right here!
VivoPower’s $100M Ripple Purchase Plan Boosts Share Worth Over 32%
Shares of VivoPower, the Nasdaq-listed solar energy firm, shot up by 32.12% to $5.10 on 8 August 2025 after it introduced its determination to amass $100 million price of privately held Ripple Labs inventory to develop its XRP-centric digital treasury technique.
Based on its press launch dated 8 August 2025, VivoPower will purchase these shares immediately from present shareholders primarily based on its two-month-long due diligence, offered, Ripple’s govt administration approves of this determination.
BREAKING: A $100M wager might put XRP on the heart of company finance.
And it’s not from a fintech or crypto big — it’s from a worldwide vitality options firm.
Right here’s why VivoPower’s Ripple gamble has the market buzzing
:
1/ VivoPower Worldwide simply introduced plans to… pic.twitter.com/S1MRg0IoGq
— Ripple Van Winkle | Crypto Researcher
(@RipBullWinkle) August 9, 2025
For this to work, VivoPower will companion with BitGo for safe asset custody and Pasdaz Non-public Market, Ripple’s most well-liked platform for personal share transactions.
In its press launch, the corporate means that for each 10 million Ripple shares, VivoPower shareholders might count on a price accretion of $5.15 per share, relying on market volatility.
Discover: The 12+ Hottest Crypto Presales to Purchase Proper Now
WLF Contemplating A $1.5B Public Automobile For WLFI Token Holdings
President Trump backed World Liberty Monetary is planning to make use of a $1.5 billion publicly traded shell firm as a treasury car to carry its WLFI governance tokens.
Based on a report revealed by Bloomberg on 9 August 2025, main crypto and tech traders have been approached, whereas the construction of the deal remains to be being finalised.
This transfer mirrors the technique applied by Michael Saylor’s MicroStrategy, now rebranded Technique, which in latest occasions has impressed a wave of crypto treasury corporations.
Huge traders are being sounded out on a plan for World Liberty Monetary, the Trump family-backed enterprise, to arrange a public firm that may maintain its WLFI tokens, becoming a member of the increase in digital-asset treasury corporations https://t.co/M31uD7CbW0
— Bloomberg (@enterprise) August 9, 2025
The enterprise thus far has raised $550 million by way of public token gross sales with high-profile traders reminiscent of Justin Solar and Web3Port backing the challenge. Trump himself disclosed incomes over $57.4 million from WLFI token gross sales and holds over 15 million tokens.
Discover: Finest New Cryptocurrencies to Spend money on 2025
Ondo’s Technical Indicators Flip Bullish, Worth Surges By 2.2%
Whereas the information cycle has been comparatively quiet, Ondo’s 2.2% each day achieve displays a rising technical power and alignment with the broader market sentiment.
Institutional pursuits in real-world asset tokenisation proceed to assist protocols like Ondo Finance throughout the DeFi ecosystem.
Ondo is at present buying and selling at $1.04 after briefly touching the $1.05 mark.
The bullish sentiment seems to be largely primarily based on technicalities, with merchants reacting to Ondo’s place above key transferring averages and its method in direction of resistance zones.
$ONDO inverse Head & Shoulders virtually full.
Ondo International Markets is about to vary the sport. pic.twitter.com/MlgQGbqcUT
— Rendoshi Ondomoto
(@Rendoshi1) August 9, 2025
Its floating assist sits at $0.84, with a stronger assist at $0.62 degree. On the upside, the resistance is concentrated round $1.17, marking a 12.5% potential achieve from present ranges.
The pivot level of $1.03 is slightly below the present value.
Discover: 9+ Finest Excessive-Danger, Excessive-Reward Crypto to Purchase in August 2025
The submit BTC Breaks Above 117k, Eyes 119k Subsequent, ETH Breaks $4000 Mark: Finest Crypto To Purchase Now appeared first on 99Bitcoins.
