On August 9, ETHEREUM (ETH) did what he had not done since last December: He violated a brand of $ 4000 and carried a steady over $ 4100. However, do the case be done to be the best encryption for purchase now?
It rose by 6.38 % throughout the day, reached 4332 dollars, before slipping to $ 4208, where it is currently trading
Moreover, some encryption analysts now expect to return to the highest level ever in November 2021 at $ 4,878, making it the best encryption for purchase now, with the sharing of encryption trading on X that the break is imminent.
I told you that $ ETH The collapse is coming.
This happened exactly as expected.
Ethereum has crashed by resisting it and is now heading up.
It looks like the new ATH is just days now. pic.twitter.com/xcxetop0ku
– TED (ettedpillows) August 9, 2025
Moreover, COINGLASS data reveals that short pressure may be on the horizon because moving to a brand of $ 4,500 will end up with approximately $ 1.35 billion in short sites.
ETH’s institutional purchase momentum has grown only during the past two weeks, as Arkham referred to X Publishing.
Moreover, the Farside data during the past week highlights the BTC’s ETH flows, as ETH EFT in the United States features $ 326.6 million compared to $ 253.2 million from BTC.
This was a major shift in ETHER founder, Vitalik Buterin, too. After a long period of light, he returned, as a billionaire, returned to the chain, the title he first got at the age of 27 in May 2021!
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Is BTC the best purchase to buy now despite ETH momentum?
Bitcoin rose back on the brand of 180,000 after closing it at 115.95 thousand dollars on August 9, 2025, by 0.48 % after Friday 0.83 %. To the BTC balance, avoid the completion of the support level of $ 150,000.
As we have seen over the past two days, the ETF flow from the BTC behind ETH has been delayed, which pushed the rotation of the ETH despite the buds in BTC.
The technical indicators of BTC/USD indicate that King King still looks optimistic, sailing over Emas for 50 days and 200 days. If BTC is able to break the threshold of $ 120,000 again, it stands an opportunity to attack the level of 122 thousand dollars he achieved on July 14 this year.
Update – BTC found support
I think the last pump that comes very quickly to absorb people
So perhaps 120 kg and then fall off K and then the final pump https://t.co/veiaxia76o pic.twitter.com/0qqznpzybd
–
Ax price (max1milianprice) August 10, 2025
Continuous momentum can last over the mark of $ 122,000 to the mark of $ 130,000.
There are some main factors that affect the future BTC expenses, including the progress of the clarity law, the general economic data that will be issued soon, including the CPI report in the United States, retail sales and demands of the unemployed.
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Pamphlet [LIVE] BTC holds a steady over $ 17,000, and ETH is expected 4.2 thousand dollars, and the new ATH is expected: the best purchase to buy first on 99bitcoins.
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