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BTC Eyes 119K, ETH Breaks $4K

by Catatonic Times
August 9, 2025
in Bitcoin
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BTC bulls helped stage a fast restoration on August 7, 2025, reclaiming the 117k stage after a quick downward stint under the Bollinger Band help, 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 subsequent main resistance zone. Furthermore, in line with the BTC heatmap information, liquidity clusters between $117.5k and 118k counsel that there is perhaps a possible grind greater as merchants proceed to liquidate brief positions.

24h7d30d1yAll time

Additional to this, the each day CME futures hole has been stuffed, establishing a brand new help 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 attainable entice for overzealous bears.

In accordance with CoinGlass’s heatmap information, 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 stage strengthened by the completion of the CME futures hole.

CoinGlass Heatmap Data

(CoinGlass Heatmap Information)

This stage has traditionally served as a key level of convergence for spot costs, enhancing its credibility as a help 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 subsequent massive goal each psychologically and technically.

Discover: Prime Solana Meme Cash to Purchase in August 2025

Ethereum Eyes $4500! Is It The Finest Crypto To Purchase Now?

Over the past 24 hours, ETH noticed $229.49 million in futures liquidation, with CoinGlass’s information exhibiting $22.24 million wiped away from longs and $207.25 million from shorts. ETH bounced off help 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 stage, marked by historic promoting stress and a descending trendline that traces again to its November 2021 all-time excessive.

A breakout above the $4100 mark may end in one other bullish run and will probably see ETH surge in the 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 help to protect this bullish momentum. A weekly shut under this stage may set off a drop in the direction of $3220, and if that fails, the $3000 psychological help 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 alerts presently point out a bullish momentum, the opportunity of a short-term cooldown should not be dominated out.

$ETH: Seems to be actually good right here, it reached the best value since December 2021. It is a breakout by way of a multi-year resistance. May leap to 5k after which re-test 4k as help. 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 stress from company entities pivoting in the direction of ETH treasury has fuelled this current efficiency.

eth logo

24h7d30d1yAll time

Furthermore, it obtained a regulatory increase from the SEC (Securities and Alternate Fee) on 5 August 2025 after the regulatory physique clarified that liquid staking of crypto belongings doesn’t breach securities legislation.

Discover: 10+ Crypto Tokens That Can Hit 1000x in 2025

Meme Coin Bitcoin Hyper’s Presale Explodes Previous $7.7M

Arijit Mukherjee

By Arijit Mukherjee

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 venture, is constructed utilizing the Solana Digital Machine (SVM). 

It goals to deliver gaming, DeFi and real-world asset tokenisation onto Bitcoin’s ecosystem by providing quicker 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 difficulty a wrapped token usable throughout dApps, and likewise gives a 320% APY staking possibility for early members. 

With Bitcoin gaining momentum, Hyperis is gaining curiosity amongst sensible cash traders as a possible This fall breakout play!

Go to Bitcoin Hyper Right here!

VivoPower’s $100M Ripple Purchase Plan Boosts Share Value Over 32%

Arijit Mukherjee

By Arijit Mukherjee

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 resolution to amass $100 million value of privately held Ripple Labs inventory to broaden its XRP-centric digital treasury technique. 

In accordance with its press launch dated 8 August 2025, VivoPower will purchase these shares straight from current shareholders primarily based on its two-month-long due diligence, offered, Ripple’s govt administration approves of this resolution. 

BREAKING: A $100M wager may 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 associate 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

Arijit Mukherjee

By Arijit Mukherjee

President Trump backed World Liberty Monetary is planning to make use of a $1.5 billion publicly traded shell firm as a treasury automobile to carry its WLFI governance tokens. 

In accordance with 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 carried out by Michael Saylor’s MicroStrategy, now rebranded Technique, which in current instances has impressed a wave of crypto treasury corporations. 

Large traders 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 traders equivalent to Justin Solar and Web3Port backing the venture. Trump himself disclosed incomes over $57.4 million from WLFI token gross sales and holds over 15 million tokens. 

Discover: Finest New Cryptocurrencies to Put money into 2025

Ondo’s Technical Indicators Flip Bullish, Value Surges By 2.2%

Arijit Mukherjee

By Arijit Mukherjee

Whereas the information cycle has been comparatively quiet, Ondo’s 2.2% each day acquire displays a rising technical energy and alignment with the broader market sentiment. 

Institutional pursuits in real-world asset tokenisation proceed to help protocols like Ondo Finance inside 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 transferring averages and its method in the direction of resistance zones. 

$ONDO inverse Head & Shoulders virtually full.

Ondo World Markets is about to alter the sport. pic.twitter.com/MlgQGbqcUT

— Rendoshi Ondomoto ⭕️🥞 (@Rendoshi1) August 9, 2025

Its floating help sits at $0.84, with a stronger help at $0.62 stage. On the upside, the resistance is concentrated round $1.17, marking a 12.5% potential acquire from present ranges. 

The pivot level of $1.03 is just under the present value. 

Discover: 9+ Finest Excessive-Danger, Excessive-Reward Crypto to Purchase in August 2025

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