$ETH Here is an updated and comprehensive analysis of Bitcoin (BTC) and Ethereum (ETH) as of August 11, 2025:
1. Bitcoin (BTC) Analysis – August 11, 2025
Price and Change: The price reached approximately $119,711 with a slight daily increase, trading daily between $118,177 and **$122,242**.
Price Movement and Drivers:
BTC experienced a strong jump of +2.8% reaching ~$121,625, supported by increased institutional demand and expectations for interest rate cuts from the Federal Reserve.
BTC is approaching a breakout of the 1.618 Fibonacci level at ~$122,000, which is an important technical resistance level.
Technical Forecast:
Some forecasts suggest that the price may target levels between $125,000 and $140,000 if the upward momentum continues.
Weekly technical analysis predicts continued trading within the range of $116,000 – $120,000, with the potential to exceed resistance and target $125,000 – $150,000 with strong institutional support.
2. Ethereum (ETH) Analysis – August 11, 2025
Price and Change: The price recorded approximately $4,295, within a daily range of $4,173.87 and **$4,351.41**.
Current Trend: $BTC
ETH continued its rise and surpassed the $4,300 threshold, reaching its highest level since late 2021.
Nevertheless, it recorded a slight negative change of −0.28% compared to August 10, registering $4,253.59 according to YCharts.
Market Pressures: $ETH
Sentora's analysis indicates that 97% of ETH addresses are currently in profit, which may lead to strong selling pressure from investors to take profits.
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