Saturday, sure, it’s the perfect day of the week once more to seek out the crypto to purchase for now or subsequent week.
Proper now, the crypto market is seeing a bearish pattern, with key gamers like Bitcoin and Ethereum dealing with value drops.
Bitcoin fell from $117k to $113 degree, a 3.6% decline, whereas Ethereum slipped from $3,7k to $3,4k space, down 6.7%. But, market sentiment holds a bullish edge, with the Crypto Concern & Greed Index displaying “Greed” earlier this week with BTC reaching a excessive $119k, hinting at investor optimism.
Is “now” the perfect time to purchase crypto?
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Anticipating the Pump: Time to Reenter The Market
Yesterday, $1,29 billion in liquidations was not all that dangerous. It might be simply establishments shaking off weak palms, at all times taking place.
Sure, tariffs and the Fed’s failing to convey the speed down would possibly have an effect on it, but it surely may be the rationale for a shake-off. Simply how establishments with huge cash play, benefiting from the state of affairs.
Now, right here’s the actual fact: Ethereum, the second-largest crypto, stays beneath its all-time excessive (ATH) of $4.7k this cycle, and might be the perfect one to purchase.
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Regardless of the dip, it’s nonetheless recording constructive developments. The Pectra improve has boosted scalability and reduce transaction prices, which will certainly assist with adoption. Ethereum can be nonetheless dominating DeFi and NFTs, with over 56% of DeFi’s complete worth locked.
Institutional curiosity in Ethereum can be surging and never stoping. Spot ETH ETFs recorded sturdy inflows, together with $18.27 million into BlackRock’s ETHA finish of July alone.
It’s not a secret that institutional backing fuels crypto pump. To not overlook that the majority Analysts predict Ethereum to hit new ATHs in 2025, with estimates topping $6,500. It actual, the dump might be a spring down earlier than it coils up.
Tom Lee DOUBLES DOWN on $15k $ETH prediction
“the value nonetheless wants to regulate larger” pic.twitter.com/cKgN32fs5n
— Altcoin Every day (@AltcoinDaily) August 1, 2025
It’s not simply BTC and ETH; the overall crypto adoption fee remains to be going at a speedy tempo.
Who would have thought that Bitcoin would hit $120k this cycle? Even the Germans have bought 54K BTC at 59K, a $3.5 billion that ought to be at $7 billion at the moment. Regardless of the storm, crypto at all times comes up stronger because it matures.
Ethereum, nonetheless shy of its ATH, and at the moment, might be a strategic second to take a position earlier than costs soar to new highs. Now, staying knowledgeable and keep watch over the perfect crypto to purchase might be the way in which to make huge financial institution.
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Following Tom Lee Prediction
Following Tom Lee’s video on the above submit, Ethereum could be the primary one to bounce.
Tom Lee said that institutional buyers, notably from Wall Avenue, are discreetly rising their crypto holdings. He views at the moment as a bullish time for crypto.
Lee is being optimistic, and he could be proper. His Optimism contrasts with short-term bearish sentiments pushed by elements like macroeconomic uncertainties or sell-offs.
As chairman of BitMine (an organization transitioning from Bitcoin mining to an Ethereum treasury technique), Lee is actively shaping company crypto adoption. His management function at BitMine exhibits his dedication to integrating crypto into conventional finance.
Like Lee mentioned,
“Don’t pray for a simple life; pray for the power to endure a troublesome one. ” – Bruce Lee
This might be what crypto merchants are experiencing. However keep sturdy, as a result of the storm would possibly come to an finish quickly.
We belief in Lees.
Finest Crypto to Purchase Now?
Think about turning a boring $100 right into a full-blown monetary retirement with crypto, lengthy earlier than 60, whereas the remainder of the world clocks in at 9 am. That’s the power in at the moment’s memecoin market, the place timing, conviction, and a little bit of degeneracy can flip a small bag right into a legendary win.
Full story right here.
Greed remains to be flashing, and has not reached its full scale but. Traders’ optimism remains to be current.
Bitcoin Concern and Greed Index is 55 — GreedCurrent value: $113,692 pic.twitter.com/mHCXvcB45R
— Bitcoin Concern and Greed Index (@BitcoinFear) August 2, 2025
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