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#AsiaMorningBriefing : $ETH #UpdateAlert ETH Bulls Eyeing $5K as Flows Strengthen Ethereum’s outperformance over Bitcoin is being reinforced by institutional flows, new altcoin narratives, and rising market odds of a $5K test, with macro data now set to challenge that conviction. What to know: Ethereum's chances of reaching $5,000 this month have increased to 26% on Polymarket, driven by institutional accumulation and shifting BTC-ETH flows. Market observers note a structural reallocation of liquidity across the crypto landscape, with Ethereum maintaining a central role due to institutional conviction. Bitcoin's momentum is fading with $940 million in liquidations, while Ethereum has outpaced Bitcoin by gaining 20% over the past 30 days. $ETH ETH's chances of hitting $5,000 this month climbed to 26% on Polymarket, up from 16% just a few days ago, as traders priced in momentum from institutional accumulation and shifting BTC-ETH flows. Ethereum’s recent strength is mainly showcased by the level of flows into it, where a major liquidity floor has been built by institutions,” said March Zheng,
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#xrp #UpdateAlert Jumps 6% to Top Market Gainers as Bitcoin Retakes $111K Solana, dogecoin, and ether also rallied, while CME crypto futures hit $30B in open interest, signaling growing institutional demand. XRP led a broad crypto rebound Tuesday, gaining 6% as traders jumped back in after Monday’s sell-off. CME crypto futures hit $30B in open interest, with XRP becoming the fastest contract to cross the $1B mark. Analysts warn of overheated sentiment ahead of Friday’s PCE inflation data, a key signal for the Fed's next move.$SOL $ETH $DOGE Altcoins bounced back sharply on Tuesday after a steep sell-off over the prior 48 hours, with traders seizing lower prices as an opportunity to re-enter the market.
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$BONK Rallies Despite Market Volatility as Safety Shot Commits $25M in Token Financing The Solana-based meme coin consolidates near $0.0000205 after a corporate financing deal boosts market confidence. What to know: BONK traded between $0.0000197 and $0.0000212 on Aug. 25–26, an 8% range. Safety Shot Inc. funded $25 million of its $30M financing in BONK tokens, signaling corporate adoption. Despite a sharp 5% decline early, BONK regained stability above $0.0000203. BONK, the Solana-based meme token, endured sharp price swings during the last 24 hours, reflecting both selling pressure and large accumulation. The token moved within an 8% range between $0.0000197 and $0.0000212, ultimately consolidating near $0.0000205. The heaviest selling occurred during the Aug. 25 evening, when BONK fell about 5% from $0.0000208 to $0.0000197 on trading volume exceeding 1.8 trillion tokens, substantially above daily averages, according to CoinDesk Research's technical analysis data model. Technical Analysis Range: $0.0000197–$0.0000212 (8% volatility). Correction: 5% decline during the evening of Aug. 25. Volume Spike: 1.81 trillion tokens exchanged during selloff. Support Zone: Established near $0.0000197. Consolidation: Prices held between $0.0000203–$0.0000205. Momentum: 1% gain during rally supported by 17.5B tokens.
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exiting longs
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#XRP Futures Set Open Interest Record at CME, With $3.70 Eyed Next Derivative milestone comes as spot XRP weathers sharp $2.96–$2.84 swing on 217 million volume and institutional flows step back in.What to know: CME Group's crypto futures suite has surpassed $30 billion in notional open interest, with SOL and XRP futures each crossing $1 billion. XRP became the fastest contract to reach $1 billion in notional open interest, achieving this milestone in just over three months. Despite regulatory pressures in the U.S., corporate adoption and pilot remittance programs keep XRP in focus, with institutional flows supporting its price action. Price Action Summary XRP traded through a 5% range between $2.98 and $2.84 in the 24-hour session ending August 26 at 14:00. The steepest move occurred on August 25 during evening hours, when XRP dropped from $2.96 to $2.84 on 217.58 million tokens — triple its 72.45 million daily average. The token rebounded to $2.92, with the $2.84 level emerging as critical support as institutional flows stepped in. In the final hour of trading, XRP rose 0.7% from $2.90 to $2.92 on more than 5.7 million volume, signaling fresh corporate and fund participation. Technical Analysis Support confirmed at $2.84 with high-volume absorption of sell pressure. Resistance remains at $2.94–$2.95, with repeated profit-taking capping upside attempts. RSI climbed from oversold 42 back into mid-50s, suggesting stabilizing momentum. MACD histogram tightening, indicative of potential bullish crossover in coming sessions. Weekly momentum divergence patterns point to compressed volatility, setting up for a directional breakout. Order books show concentrated institutional bids above $3.60, signaling strategic positioning ahead of regulatory catalysts. $XRP
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