BTC bulls helped stage a fast restoration on August 7, 2025, reclaiming the 117k stage after a quick downward stint beneath the Bollinger Band help, in what analysts are calling a textbook “head pretend” 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 keeping with 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 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 potential entice for overzealous bears.
In accordance with 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 stage bolstered by the completion of the CME futures hole.
(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 recommend that if the BTC can push previous the 119k mark, $120k turns into the subsequent large 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?
Over the past 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 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 going through resistance on the $4100 stage, 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 end in 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 help to protect this bullish momentum. A weekly shut beneath this stage might set off a drop in 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 pink because the ETH nears the overbought territory, whereas the Stochastic Oscillator has remained overbought since June. Whereas alerts at present point out a bullish momentum, the potential of a short-term cooldown should not be dominated out.
$ETH: Appears to be like actually good right here, it reached the best value since December 2021. It is a breakout by way of a multi-year resistance. Might 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 observe, 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 powerful shopping for strain from company entities pivoting in direction of ETH treasury has fuelled this current 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 property 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 not too long ago 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 a official launch date but, there’s hypothesis of a Q3 debut.
Hyper makes use of a bridge mechanism to lock BTC and concern a wrapped token usable throughout dApps, and in addition provides a 320% APY staking possibility for early individuals.
With Bitcoin gaining momentum, Hyperis is gaining curiosity amongst sensible cash traders as a possible This fall breakout play!
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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 amass $100 million value of privately held Ripple Labs inventory to increase its XRP-centric digital treasury technique.
In accordance with its press launch dated 8 August 2025, VivoPower will purchase these shares instantly from current shareholders based mostly on its two-month-long due diligence, supplied, Ripple’s govt administration approves of this choice.
BREAKING: A $100M wager might put XRP on the middle of company finance.
And it’s not from a fintech or crypto big — it’s from a world 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 accomplice 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 might anticipate a worth 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 automobile to carry its WLFI governance tokens.
In accordance with a report printed by Bloomberg on 9 August 2025, main crypto and tech traders 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 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 growth in digital-asset treasury corporations https://t.co/M31uD7CbW0
— Bloomberg (@enterprise) August 9, 2025
The enterprise to this point has raised $550 million by way of public token gross sales with high-profile traders comparable 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%
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 help 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 based mostly on technicalities, with merchants reacting to Ondo’s place above key shifting averages and its method in direction of resistance zones.
$ONDO inverse Head & Shoulders virtually full.
Ondo World Markets is about to vary 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 achieve from present ranges.
The pivot level of $1.03 is just under the present value.
Discover: 9+ Finest Excessive-Threat, Excessive-Reward Crypto to Purchase in August 2025
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