PANews August 25 news, according to Coindesk reports, multiple analysts stated that ETH has broken through $4,900 and maintains a bullish momentum. Crypto Rover indicated that exchange reserves are shrinking at a record pace, suggesting that demand is rising and prices continue to face upward pressure. Analyst Miles Deutsher pointed out that BTC's momentum has stagnated near recent highs, while ETH has just broken through the price discovery phase, with strong buying activity on dips. Typically, when BTC is weak, traders tend to turn to relatively strong assets (ETH).