币姥爷
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BTC returns to 120,000, confidence in ETH's continued rise comes
August 11, 2025
As ETH continues to refresh its second-high price and heads towards a historical new high, the best scenario would be for BTC to perform well, reclaiming the 120,000 integer mark, and ideally breaking its own record again. Yesterday, I provided a market expectation, and unexpectedly, it was achieved today, which is definitely a small surprise for Ethereum. According to the betting information from the largest decentralized prediction market, Polymarket, the probability of Ethereum reaching a historical new high this year is 74%. In my view, the probability of reaching a new high and hitting 5000 points is even greater, as it only requires an increase of about 10 points to achieve it. Is 10 points difficult for an asset that has already rebounded 3 times from its lowest point?
As ETH continues to refresh its second-high price and heads towards a historical new high, the best scenario would be for BTC to perform well, reclaiming the 120,000 integer mark, and ideally breaking its own record again. Yesterday, I provided a market expectation, and unexpectedly, it was achieved today, which is definitely a small surprise for Ethereum. According to the betting information from the largest decentralized prediction market, Polymarket, the probability of Ethereum reaching a historical new high this year is 74%. In my view, the probability of reaching a new high and hitting 5000 points is even greater, as it only requires an increase of about 10 points to achieve it. Is 10 points difficult for an asset that has already rebounded 3 times from its lowest point?
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ETH
4,755.77
+2.46%