BTC witnessed great fluctuations after determining the highest new level ever. The price was reflected quickly, indicating a potential bull trap, which led everyone to the question, what is the best encryption for purchase now? Most likely, BTC is scheduled to face a side unification for a period of time in the range of $ 116 to 124 thousand dollars.
Bulls BTC pushed a new peak of 124.4 thousand dollars, but the heavy sale pressure followed this and lined up the late participants. He has now returned in the range of 118K. It is important to maintain this level for the survival of the bull cycle valid. A 118K recovery is a sure sign that the upward trend will continue.
On the four -hour graph, the last BTC moves reflect the process of classic liquidity. It has penetrated its previous height at all, which led to suspended purchases and obstruction, only to the opposite.
(BTCUSD)
Then it followed a sharp decrease without decrease in the previous swing.
Currently, BTC is trading between 116 thousand to 124 km. Without convincing outbreaks, analysts expect the price procedure to remain volatile.
Do you see the current? $ BTC The structure of the graph after the fourth half? It moves in a fixed straight line, unlike the equivalent curve structures in the past. This is Blackrock and other institutions, with their algorithms, control the price. Instead of equivalent moves … https://t.co/ojsa5xjfjb pic.twitter.com/crplfcfqlw
– RG8
(@rg8xbt) August 17, 2025
Meanwhile, traders blocked liquidity pockets on both ends of the range.
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What does data appear on the series?
The seven -day Binance flow leaks and we are talking and reached one of its highest levels that have been seen recently.
This scale tracks the average BTCS number that enters the exchange and coincides historically with the preparation for the sale or guarantee of the margin or the re -institutional balance.
The height indicates a fixed flow of BTCs in Binance trading accounts from external portfolios. Historically, such nails are like this, when you do not meet with a sufficient spot, resulted in short -term sale pressure.
In addition, Netflow has turned from Binance into positive, indicating that flows exceed external flows.
Without absorbing BTC buyers, the imbalance can lead to fluctuations in the short term.
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$ 12B Blackrock Bet Rattles Eth Supply, is still the best purchase to buy now?
Blackrock acquired more than $ 12 billion in ETH in just 30 days, bypassing BTC purchases with more than 15x in the same period, indicating a strong institutional axis of Altcoin.
Blackrock Eth Holdings
ISHARES ETAREUM TRUST (ETHA) that is controlled in Blackrock, which was launched in 2024, collected $ 15 billion of assets, highlighting its long -term commitment to ETH.
Due to the ventilation proof and the EIP-1559 burning mechanism that permanently removes ETH from blood circulation, a clear edition has decreased to its lowest level ever in 2025.
Based on the direction on the graph for one hour, the ETH came out of the dirt direction area. Given that it is a weekend, there is a potential scenario:
1. The price will start in the opposite direction and start the upward trend
2. The price will move sideways, pending confirmation of the next direction pic.twitter.com/hoj5c2RVFR– Beautiful Day Bray (@nderay0901) August 17, 2025
Now that Blackrock has become ETH, the offer will definitely stress more, which reduces liquidity and fluctuating prices.
Analysts expect ETH to reach between $ 5,000 to $ 7,000 in 2025, driven by institutional demand and dead end.
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Monero deposits stopped after an attack 51 %
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Kraken stopped Monero deposits after reports that one mining group, QBIC had caused the control of more than 50 % of the network retail power.
QBIC is generally focused on Acting Blockchain applications. However, in this case, the mining gathering claimed that he reorganized six blocks on the Monero series after a month’s effort to control the mining scene.
They do not call Monero most of the battle currency tested for no reason.
The fact that she survived more than any other currency is a pure value. Exactly what a digital cash network should do.
Monero will only improve. pic.twitter.com/zkmlsvyblg
– (dontracemebruh) August 16, 2025
This level of dual spending control and transaction control can allow. However, the Monero developers have pushed back.
According to them, reorganization does not necessarily mean the attachment of 51 % successful. On the contrary, experts have warned that the dominance of the pool could enable him to rewrite Blockchain and competitors’ competitors.
This incident sparked online discussions on weaknesses regarding watching work proof with the concentrated mining force.
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Pamphlet [LIVE]BTC’s Post High Bull Trap, worth $ 12 billion, Blackrock Bet Rattles Eth Supply: Best Crypto for now? First appeared on 99bitcoins.