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 faux” reversal, reigniting bullish sentiments as the very best crypto to purchase now.
Now that bullish sentiments have reignited, merchants are eyeing the 119k mark as the following main resistance zone. Furthermore, in response to the BTC heatmap knowledge, liquidity clusters between $117.5k and 118k recommend that there may be a possible grind greater as merchants proceed to liquidate brief positions.
Additional to this, the day by 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 worth motion and ETF flows. Bollinger has flagged the setup as a doable 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 strengthened 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 exhibits main lengthy cluster at ~116000 (left) and brief cluster at ~118000 (proper). These act as worth magnets, potential volatility drivers. Config: optical_opti. pic.twitter.com/iJDczuolzG
— TheKingfisher (@kingfisher_btc) August 9, 2025
Analysts recommend that if the BTC can push previous the 119k mark, $120k turns into the following massive goal each psychologically and technically.
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Ethereum Eyes $4500! Is It The Greatest Crypto To Purchase Now?
Over the past 24 hours, ETH noticed $229.49 million in futures liquidation, with CoinGlass’s knowledge displaying $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 may lead to one other bullish run and will probably 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 may set off a drop in direction of $3220, and if that fails, the $3000 psychological assist zone would possibly 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 presently point out a bullish momentum, the opportunity of a short-term cooldown should not be dominated out.
$ETH: Appears to be like actually good right here, it reached the best worth since December 2021. It is a breakout by way of a multi-year resistance. Might leap 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 be aware, ETH has gained greater than 180% since hitting its current low of $1385 in April and has rallied by greater than 60% over the previous month. A robust shopping for strain from company entities pivoting in direction of ETH treasury has fuelled this current efficiency.
Furthermore, it acquired a regulatory increase from the SEC (Securities and Change Fee) on 5 August 2025 after the regulatory physique clarified that liquid staking of crypto belongings doesn’t breach securities regulation.
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Meme Coin Bitcoin Hyper’s Presale Explodes Previous $7.7M
Hyper Bitcoin has taken the meme coin business by storm, with a whale lately investing $96k in it. Hyper, a brand new meme coin and a Bitcoin layer 2 undertaking, 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 a official launch date but, there may be hypothesis of a Q3 debut.
Hyper makes use of a bridge mechanism to lock BTC and subject a wrapped token usable throughout dApps, and in addition affords a 320% APY staking choice for early members.
With Bitcoin gaining momentum, Hyperis is gaining curiosity amongst good cash buyers as a possible This fall breakout play!
VivoPower’s $100M Ripple Purchase Plan Boosts Share Value 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 choice to accumulate $100 million value 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 instantly from current shareholders primarily based on its two-month-long due diligence, offered, Ripple’s govt administration approves of this choice.
BREAKING: A $100M wager may put XRP on the middle of company finance.
And it’s not from a fintech or crypto large — it’s from a world vitality options firm.
Right here’s why VivoPower’s Ripple gamble has the market buzzing
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1/ VivoPower Worldwide simply introduced plans to… pic.twitter.com/S1MRg0IoGq
— Ripple Van Winkle | Crypto Researcher
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(@RipBullWinkle) For this to work, VivoPower will companion with BitGo for safe asset custody and Pasdaz Personal 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 may 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 Car 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 buyers have been approached, whereas the construction of the deal continues to be being finalised.
This transfer mirrors the technique carried out by Michael Saylor’s MicroStrategy, now rebranded Technique, which in current occasions has impressed a wave of crypto treasury corporations.
Huge buyers are being sounded out on a plan for World Liberty Monetary, the Trump family-backed enterprise, to arrange a public firm that might 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 up to now has raised $550 million by way of public token gross sales with high-profile buyers resembling Justin Solar and Web3Port backing the undertaking. Trump himself disclosed incomes over $57.4 million from WLFI token gross sales and holds over 15 million tokens.
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Ondo’s Technical Indicators Flip Bullish, Value Surges By 2.2%
Whereas the information cycle has been comparatively quiet, Ondo’s 2.2% day by 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 presently 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 shifting averages and its strategy in direction of resistance zones.
$ONDO inverse Head & Shoulders virtually full.
Ondo International Markets is about to alter the sport. pic.twitter.com/MlgQGbqcUT
— Rendoshi Ondomoto
(@Rendoshi1) 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 just under the present worth.
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