August 14, 2025 Market Analysis
124,474 USD, Bitcoin ATH; 865.68 USD, BNB new high; 142.88 USD, OKB price doubled in a single day and set a new high. These are phenomena that only occur in a bull market, possibilities that only exist in a bull market, and I believe that Ethereum, closely following, is about to break its historical high of 4,868 USD. Currently, the high point is less than 100 USD away from the ATH, and for a strong Ethereum, 100 USD is basically just a minor fluctuation. Looking at the daily trend, after breaking through the 4,000 point resistance, there are no signs of stopping, so it is very likely to achieve a new high very soon, perhaps today or tomorrow.
If Ethereum's rally caused some panic, then today's collective rise is the strongest signal of a full-scale offensive from bull market funds. Not only the previously mentioned, but SOL also once again stands above 200 USD. Here, it is worth mentioning that the rally of OKB benefited from massive token burns; in other words, it is actually a modification of the token model. Last night, OKEX suddenly announced the destruction of 65.25 million OKB, leaving only 21 million in total, which is the same quantity as BTC's total supply. According to previous rumors, OK is on a path to going public, so the modification of the burn model might be related to this. However, I want to say that regardless, OK's operation is clearly seeing the market in a bull phase; only in this way can they not worry about market criticism and not worry about no one to drive the price up.
Speaking of Ethereum, the speed of this rally is too fast; I thought it would take until next week to possibly break the historical high. Looking at the current progress, the probability of it being completed this week is over 90%. The result of Wall Street funds frantically buying is continuous price increases, and as the market's selling pressure is gradually consumed, subsequent rallies will become even more intense. This is also why the daily candlesticks have mostly closed as bullish over the past week. The next step is the most crucial point of this round of market, the 5,000 mark. Breaking this historical high to some extent means that a true turnover has been completed. However, we must also be prepared for this level to consolidate for a while. Previously, BTC also consolidated around the 65,000 pressure zone for a long time, but I think once it breaks through, the subsequent space can be fully opened up. BTC can double, and for ETH, which has a lower market cap, the dream of reaching 8,000 to 10,000 is not impossible theoretically.
Finally, let me interject a little story. During this round, many people witnessed my steadfastness towards Ethereum, and couldn't help but wonder why, when Ethereum was almost about to be publicly executed, I still didn't give up. I once said that a big reason was Vitalik Buterin. Recently, this technological genius, who holds over 1 billion USD worth of ETH, surprisingly felt that a 4 USD laundry fee at a hotel was not worth it and chose to wash his own underwear. Just imagine or compare, someone of such wealth taking the subway; renting an apartment for 5,000 to 6,000 SGD; efficiently working for hours with a cup of coffee almost every day; if you don't believe him, who else can you trust? Those who criticized him for being in a relationship because of Vitalik, how could they be so heartless!
Thank you for your attention and likes.
