BTC Bulls made a quick recovery on August 7, 2025, regaining 117K levels after a short downward stint under the support of the Bollinger Band.
Now that bullish sentiment has reignited, traders are looking at the 119K mark as their next major zone of resistance. Furthermore, BTC heatmap data suggests that liquidity clusters between 117.5K and 118K may have a higher potential grind as traders continue to liquidate short positions.
24 hours7d30D1Yeverytime
In addition to this, the Daily CME Futures gap has been met, with new support established in close to $114,000. In the background, divergence forms between spot price action and ETF flow. Bollinger flags it as a possible trap for bears who are enthusiastic about the setup.
According to Coinglass heatmap data, BTC has encountered the attachment of resistors to liquidation clusters growing between 117.5k and 118k. On the flip side, there is accumulation of negative side bids that the level strengthened by the completion of the CME futures gap is around 114k.
(Coinglass heatmap data)
This level has historically served as a key point in the convergence of spot prices and has increased reliability as a support base.
$ BTC The clearing map shows the major long clusters of ~116000 (left) and the short clusters of ~118000 (right). These act as price magnets, potential volatility drivers. Configuration: optical_opti. pic.twitter.com/ijdczuolzg
– Thekingfisher (@kingfisher_btc) August 9, 2025
Analysts suggest that if BTC can push beyond the 119k mark, $120K will be the next big target psychologically and technically.
Explore: Top Solanamem Coins to purchase in August 2025
Ethereum Eyes $4500! Is this the best code to buy now?
Over the past 24 hours, ETH saw a $229.49 million futures liquidation, with Coinglass data that has left $22.24 million away from the long and wiped out $207.25 million from the shorts. ETH bounced back nearly $3,470 in support last week, and has since recreated the $4,000 mark by 15% since December 2024.
At this point, ETH is facing resistance at the $4,100 level, characterized by historic sales pressure and a descending trend line dating back to its history high in November 2021.
A breakout above the $4100 mark could lead to another bullish run, with ETH surges at the $4500 mark, a $4500 resistance zone.
Meanwhile, to maintain this bullish momentum, we must protect $3,470 in support. It could drop to $3,220 near this level once a week, and if it fails, a $3,000 psychological support zone could appear.
Momentum indicators such as RSI indicators flash red as they approach the area where ETH was over-acquired, while stochastic oscillators have been over-acquired since June. The signal is currently showing bullish momentum, but we should not rule out the possibility of short-term cooldowns.
$ eth: Looks really good here, it reached the best price since December 2021. This is a breakout due to multi-year resistance. You can jump to 5K and then retest 4K as support. https://t.co/kdv98ayjvm pic.twitter.com/1qdpl7yaid
– Christian Otto (@chrisott) August 9, 2025
In a bright note, ETH has scored over 180% since reaching its recent low of $1,385 in April, and has garnered more than 60% in the past month. Strong purchasing pressure from the entities of companies pivoting towards the ETH Treasury has fueled this recent performance.
24 hours7d30D1Yeverytime
Additionally, it received regulatory support from the SEC (Securities and Exchange Commission) on August 5, 2025 after regulatory agencies revealed that liquid staking of crypto assets did not violate the securities laws.
Explore: 10+ crypto tokens that can hit 1000X in 2025
Meme Coin Bitcoin Hyper’s pre-sale explodes past $7.7 million
Hyper Bitcoin has taken the Meme Coin industry by storm, with whales investing $96,000 recently. Hyper, a new memecoin and Bitcoin Layer 2 project, is built using Solana Virtual Machine (SVM).
It aims to bring gaming, Defi and real-world asset tokenization into the Bitcoin ecosystem by providing faster trading times and lower fees while maintaining Bitcoin grade security.
Meme Coin has already raised its pre-sale of over $7.7 million and has no official release date yet, but there is speculation that it will be debuted in the third quarter.
Hyper uses a bridge mechanism to lock BTC, issue wrap tokens that can be used in DAPP, and provides early participants with a 320% APY staking option.
With Bitcoin gaining momentum, Hyperis is gaining interest among smart money investors as a potential Q4 breakout play!
Visit Bitcoin Hyper here!
Vivopower’s $100 million Ripple Purchase Plan will raise stock prices of over 32%
Shares of NASDAQ-registered solar power company Vivopower rose 32.12% to $5.10 on August 8, 2025 after announcing its decision to acquire $100 million worth of privately held Ripple Labs stock to expand its XRP-centric digital financial strategy.
According to a press release dated August 8, 2025, Vivopower will purchase these shares directly from existing shareholders based on two months of due diligence.
Destruction: With a $100 million bet, XRP can be put at the heart of corporate finance.
And it’s not from fintech or crypto giants, but from global energy solutions companies.
Here’s why Vivopower’s Ripple Gamble is bustling in the market:
1/ Vivopower International has announced its next plan… pic.twitter.com/s1mrg0iogq
– Ripple Van Winkle | Crypto Researchers (@RipBullWinkle) August 9, 2025
For this to work, Vivopower is partnering with BITGO, Secure Asset Custody and Pasdaz Private Market. This is Ripple’s platform suitable for private sharing transactions.
In a press release, the company suggests that every 10 million shares, Vivopower shareholders can expect a value addition of $5.15 per share, depending on the volatility of the market.
Explore:12+ Hottest Encryption Presale to Buy Now
WLF is considering a $1.5 billion public vehicle for WLFI Token Holdings
President Trump supports World Liberty Financial. It plans to use a $1.5 billion public Shell Company as its financial vehicle to own WLFI governance tokens.
A report released by Bloomberg on August 9, 2025 shows that while major crypto and tech investors are approached, the structure of the transaction is still fixed.
The move reflects the strategies implemented by Michael Saylor’s micro-tactics and now reflects the branded strategy.
Large investors have set up a public company that holds WLFI tokens in the Trump family-backed venture company World Liberty Financial, and have established a public company that will join the Digital Assets Treasury Department company https://t.co/M31ud7cbw00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
– Bloomberg (@business) August 9, 2025
So far, the venture has raised $550 million through public token sales with well-known investors such as Justin Sun and Web3port. Trump himself has disclosed more than $57.4 million in earnings from selling WLFI tokens and holds more than 15 million tokens.
Explore: Best New Cryptocurrencies to Invest in 2025
Ondo’s technical indicators are bullish, with prices increasing by 2.2%
Although the news cycle was relatively quiet, Ondo’s daily gain of 2.2% reflects increased technical strength and consistency with broader market sentiment.
The institutional benefits in real-world asset tokenization continue to support protocols such as Ondo Finance within the Defi Ecosystem.
Ondo is currently trading for $1.04 after temporarily touching on the $1.05 mark.
Bullish emotions seem to be based primarily on technology, with traders responding to the ond position on the main moving average, and approaches to the resistance zone reacting.
$ ondo The reversed head and shoulders are almost complete.
Ondo Global Markets is about to change the game. pic.twitter.com/mlgqgbqcut
— Rendoshi Ondomoto ⭕️🥞 (@Rendoshi1) August 9, 2025
Its floating support is $0.84, while the stronger support is at the $0.62 level. Conversely, resistance concentrates at around $1.17, marking a potential profit of 12.5% from current levels.
The $1.03 pivot point is just below the current price.
Explore: 9+ Best High Risk, High Reward Crypto Buy in August 2025
Why you can trust 99 Bitcoin?
Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.
90 hours+
Weekly research
100k+
Monthly Readers
50+
Expert Contributors
2000+
Crypto project reviewed
Follow 99 Bitcoin on Google News Feed
Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!
Subscribe now
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.