
Bitcoin
BTC
116 dollars 528
24 hours fluctuation:
0.5 %
The maximum market:
$ 2.32
Folder. 24h:
$ 40.74 b
And ethereum
Eth
$ 399
24 hours fluctuation:
2.4 %
The maximum market:
$ 470.66 b
Folder. 24h:
$ 35.05 b
It has turned green in the past 24 hours with BTC recovery 116 thousand dollars and ETH paid over $ 3900.
Research company 10x Research said that many stimuli lead the largest two cryptocurrencies towards the main levels.
In the July 28 note, the company expected that Bitcoin could test the $ 111,673 penetration point before submitting a favorable/bonus entry.
On August 7, Bitcoin fell to $ 111,643 before a rapid recovery to $ 117,000.
Many stimuli lead Bitcoin and Ethereum towards hacking levels – but is this enough?
Implementable market visions
In our report on July 28, we noticed: “We prefer to see Bitcoin re -testing the level of penetration of $ 111,673 to provide a more appropriate entry point/reward.” on me… pic.twitter.com/1JPVNEWNYX
– 10x Search (@10x_research) August 8, 2025
Caution amid major developments
10x search to caution This compressed volatility, the season of weak trading, and the absence of strong macroeconomic drivers can limit the bullish momentum.
Political developments may affect President Donald Trump to expand access to 401 (K) for encryption and affirming gold, as well.
From fear to the main resistance levels
Just one week ago, Bitcoin led to less than $ 110,000 amid speculation of market collapse. However, Swissblock data indicates that the danger remains present.
Since then, Bitcoin has risen to the goal of the company’s “blue zone”, as shown in the Swissblock graph.
Now, the price has reached the goal of the blue region.
If it is combined here, wait for the momentum to range.
The following goal: the penetration area at a price of 120.5 thousand dollars. pic.twitter.com/sscvo5p01z
– Swissblock (Swissblock__) August 8, 2025
Swissblock analysts now sees $ 120,500 as the next penetration level, but they warn that the unification period will follow it before any significant increase in prices.
The accumulation of retail is still strong
Data on the series of Glassnode is the most prominent of the constant purchase of smaller investors. “Shrimp” and “Fish”, governorates with less than 100 BTC, absorb the offer faster than created.
Groups of shrimp to fish (conservative with <100 $ BTC) Contribute to the show faster than it was created. The monthly balance growth exceeds +17 kilos #BTC – Over +13.85K $ BTC Issue – with shrimp alone adds approximately 10,000 #BTCWhich confirms a continuous accumulation of retail leadership. pic.twitter.com/eo7padzhsg
Glassnode August 8, 2025
The growth of the monthly balance is +17000 BTC, which exceeds the monthly version +13,850 BTC. The shrimp alone added approximately 10,000 BTC, indicating the strong demand for retail.
The superior performance in Ethereum raises Altcoin’s feelings
Ethereum quietly outperformed bitcoin on a relative basis. According to BitBall, the ETH/BTC rate increased by almost 75 % since its lowest level in May and is now testing a large resistance level.
This step is accompanied by an increase in the motivation index, which measures the strength of the altcoin market. Historically, this mixture has preceded powerful altcoin.
ETH/BTC quietly climbed from the bottom.
Since May, nearly 75 % has increased, and now tests a large resistance level.
But this is not only about ethereum.
Whenever ETH/BTC begins to rise, it often pulls the entire AllTcoin market.
This is what we are … pic.twitter.com/git1rn9i1j
– bitbull (@akabull_) August 8, 2025
If the ETH/BTC is broken over the resistance and the strength of the motivation continues to build, analysts say altcoin gains may accelerate sharply.
Altcoin season soon?
Mechaël Van De Poppe, co-founder of MN Trading Capital, “All-in” on Altcoins, expecting possible returns from 200 to 500 % in two months to four months.
I am still all in #Altcoins I also think that there are 200-500 % that can be made in the next 2-4 months.
Many of #Altcoins They did not really return to their levels from the first ’25.
Of course, some will not show momentum, but the last step $ ETH It is the first step …
– Michaël Van De Poppe (Cryptomichnl) August 7, 2025
It looks at the latest ETHEREUM gatherings as a sign of increased risk appetite in the market. However, the trader urged ash to be careful, noting that August and September were a weak historical in cryptocurrencies.
$ ETH It comes out of the rise
A wedge that shows the direction of the bull continuesWe all want a pump like this, but from August-September
It is usually a declining encryption months,
So I will be optimistic with caution.Resistance: $ 4,100
Support: $ 3550 pic.twitter.com/ULEZROMX2PAshcryptoreal August 7, 2025
Data from Coinglass He explains that the third quarter has been the poorest in Ethereum since 2016, with a average return of only 6.48 %. However, it is still one of the best purchase in 2025.
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Post -BTC, Rebound Eth is doubtful but not everything was lost: the analysis first appeared on Coinspeaker.
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