Crypto Circle Morning Report | August 25, 2025
Market Overview
In the past 24 hours, the cryptocurrency market experienced significant volatility. Bitcoin plummeted from $115,000 to $110,600, triggering over $300 million in long position liquidations, affecting 130,000 traders. Ethereum broke through the new high of $4,900 but faced resistance at $5,000, retracing to the $4,700-$4,800 range. Currently, Bitcoin is around $112,800 (down 2.05% in 24 hours), and Ethereum is about $4,750 (down 0.23% in 24 hours). Market sentiment is cautious, with leverage risks and capital rotation being closely watched.
$BTC Plunge Analysis
A massive whale sold over 24,000 BTC (around $2 billion), triggering the plunge, with some funds flowing into Ethereum, leading to a chain liquidation of long positions. After hitting $110,600, the price rebounded but remains weak in the short term. If it holds above $110,000, it may enter a consolidation phase; otherwise, it could drop to $108,000. From a long-term perspective, this is seen as a bull market correction, with institutions accumulating on dips, but low liquidity amplifies volatility.
$ETH New High Highlights
Ethereum broke through $4,900, driven by ETF inflows (over $2.79 billion in August), with strong institutional interest. Funds are rotating from Bitcoin to Ethereum, with the next target at $5,000, but caution is advised for a potential retracement. Compared to Bitcoin's weakness, Ethereum appears stronger, which may suggest an altcoin rally is starting.
