The Crypto Feed

A recent market forecast suggests that Bitcoin's current bull run could be officially over if its price falls and fails to hold the critical $100,000 support level. This new warning comes as Bitcoin has already seen a significant pullback of over 15% from its recent all-time high of over $125,000.

The $100,000 Key Level

According to a popular trader known as Roman, losing the six-figure price point would be a major bearish signal. This view is based on the fact that Bitcoin has already broken its prior uptrend and lost the key $112,000 support area. The next logical support is in the $98,000 to $100,000 range. A decisive move below this level would, in his words, "officially confirm the bull run being over."
This sentiment is echoed by other analysts who have noted signs of market exhaustion, such as low trading volume at recent highs and a bearish divergence on the daily Relative Strength Index (RSI), which indicates that upward price momentum is weakening.

Conflicting RSI Signals

While the long-term outlook appears shaky, there are some conflicting signals in the short term. The RSI, a momentum indicator, is showing a bullish divergence on the 4-hour chart. This pattern often suggests that a trend reversal is imminent and could signal a return to an uptrend.
Some traders, like ZYN, believe that if Bitcoin can hold its current level, a new all-time high could be on the table within the next four to six weeks. This optimism is based on a bullish structure identified on the weekly RSI. Another analyst, Michaël van de Poppe, views the current dip as a prime opportunity for investors to accumulate positions, particularly in the $102,000 to $104,000 range.

Broader Market Context

Despite the recent price drop, Bitcoin's performance in August was relatively strong compared to previous years. Data shows that the cryptocurrency was only down about 6.5% for the month, which is better than its historical average for August. The market remains at a critical juncture, with competing bullish and bearish technical signals. How Bitcoin's price reacts to the crucial $100,000 level will likely determine the direction of the market in the weeks and months to come.
As always, readers should remember that cryptocurrency markets are highly volatile, and this analysis is for informational purposes only. Every investment decision carries risk, and independent research is essential.#BTCUSD #BTCUSDT

Daily Chart Perspective
On the daily timeframe, the market is in a sustained downtrend, having broken below a major descending channel, the $110,000 support zone, and the 100-day moving average that coincided with it. The loss of these crucial levels points to an increased chance of a deeper correction. Potential downside targets are the $104,000 fair value gap or the 200-day moving average, which is close to the significant psychological level of $100,000. Additionally, the Relative Strength Index (RSI) remaining under 50 indicates that momentum is currently in favor of sellers, reinforcing the likelihood of continued price drops.

4-Hour Chart View
The 4-hour chart shows a clear bearish trend, with the price consistently forming lower peaks and troughs within a narrow descending channel. The support levels at $117,000 and $110,000 have been definitively breached and subsequently retested, making the $104,000 fair value gap the next logical target. The RSI, sitting below 50, confirms the bearish momentum. The price is also nearing the Fibonacci golden zone, with the 78.6% retracement level aligning with the $104,000 fair value gap. This area is a key target and could be a point of potential recovery, and how the market responds to this level will be a significant factor in determining the future direction over the coming weeks.

On-Chain Metrics: Exchange Holdings
The chart on exchange reserves illustrates the quantity of Bitcoin held on trading platforms, shown by the purple line, alongside its USD price, represented by the white line. A notable trend is the continuous reduction in exchange reserves since the beginning of the year. This signifies that investors are moving their Bitcoin off exchanges and into secure cold storage, reducing the amount of supply readily available for trading.
From a fundamental supply and demand standpoint, this is a very important trend. As the supply of Bitcoin on exchanges diminishes, the market becomes tighter. If demand remains stable or grows, this supply-side pressure could drive prices higher in the long run, as has been seen with Bitcoin's recent surge to a new all-time high. However, short-term price adjustments, such as the recent pullback, can still occur if demand weakens or broader economic conditions shift.
#BTCEUR #BTCGBP #BTCUSDT

At the Bitcoin 2025 Asia conference, Eric Trump, co-founder of American Bitcoin (ABTC), confidently stated that Bitcoin will "no question" reach $1 million in the next several years. He explained his bullish stance by highlighting the massive demand from powerful players, including nation-states, Fortune 500 companies, and influential families, all of whom are now treating Bitcoin as a legitimate digital store of value. Despite this trend, Trump believes the market is still in its early stages because the vast majority of the public has yet to fully grasp the future of digital finance.

This positive long-term outlook comes amidst significant corporate developments and market volatility. Shareholders of Gryphon Digital Mining recently approved a reverse merger with Trump's ABTC, a deal that will see the combined company trade on the Nasdaq under the ABTC ticker in September. News of the merger has caused Gryphon's stock to surge over 231% since May. However, this corporate success is set against a minor Bitcoin market correction, with the cryptocurrency's price dropping nearly 13% from its recent all-time high of $124,500 and dipping below its 50-day exponential moving average (EMA). While this technical signal could suggest more short-term pressure, industry executives remain optimistic about Bitcoin's long-term price trajectory.#BTCUSD #BTCUSDT

A recent market downturn has seen Bitcoin (BTC) continue its bearish trend, with technical indicators signaling further downward momentum. The cryptocurrency, which had an intraday high of over $111,000, has since fallen to the $108,000 range, prompting concerns among investors about its potential bottom.
Renowned crypto analyst Michaël van de Poppe suggests that the short-term outlook for Bitcoin is likely to remain bearish. He attributes this to an ongoing corrective phase and anticipates the price could drop further, potentially finding a bottom near the $103,000 level. Van de Poppe sees the current price action as a sign of weakness, indicating the correction is not yet complete. A key resistance level for Bitcoin to overcome is $112,000, which has proven to be a significant barrier.1 The asset's recent failure to break past this point suggests that sellers are still in a position of control, hindering any upward movement.

This bearish sentiment is compounded by reported profit-taking from large holders. A notable Bitcoin whale reportedly realized a $4 billion profit in just 48 hours, a move that could impede a quick price recovery and lead to a weak upward momentum, as highlighted by Van de Poppe.
Despite the current market slump, there is a glimmer of hope in the form of institutional demand. VanEck, a New York-based financial firm, recently noted a significant increase in corporate and institutional Bitcoin accumulation. Companies have reportedly added 638,617 BTC to their holdings this year alone, a figure that has already quintupled the total of 120,290 BTC accumulated in 2024. This consistent institutional interest could provide a strong foundation for future price stability and growth.
At the time of this report, Bitcoin was trading at approximately $108,576.49, a decline of 1.23% in the last 24 hours. However, trading volume has increased by 11.37% to $72.66 billion, indicating heightened market activity despite the price drop.
#BTCUSD #BTCUSDC #BTCUSDT.

Today's cryptocurrency headlines reveal a mix of strategic shifts and compelling statistics, beginning with the Ethereum Foundation's decision to temporarily pause open grant applications. Faced with an overwhelming influx of submissions, the organization is pivoting its Ecosystem Support Program to a more proactive and strategic funding model. This change comes after a period of significant giving, with the foundation distributing nearly $3 million across 105 projects in 2024 and an impressive $32.6 million in the first quarter of 2025 alone. The new approach, with more details expected in the fourth quarter, aims to better align funding with the ecosystem’s core needs.

Meanwhile, the Avalanche blockchain has emerged as a leader in network activity, experiencing a remarkable 66% jump in weekly transactions, reaching 11.9 million. This surge in user engagement is fueled by major catalysts, including the US government's adoption of its technology and renewed ETF filings tied to its native AVAX token, solidifying investor confidence.

A separate and eye-opening report from the US Treasury’s FinCEN has shed light on traditional finance, revealing that American banks were responsible for moving an astounding $312 billion for Chinese money launderers between 2020 and 2024. This staggering figure, which facilitates a symbiotic relationship with Mexico-based drug cartels, dwarfs the entire cryptocurrency space’s illicit transaction volume, which totaled a lesser but still significant $189 billion over the same five-year period.

#ETHUSD #ETHUSDT #BTCUSD #BTCUSDT

Despite a significant milestone with its new battle royale game, Pudgy Party, reaching over 50,000 downloads on the Google Play store and securing a spot in the top 10 on Apple's App Store, the Pudgy Penguins' native token, PENGU, experienced a notable decline on Friday, slipping by nearly 4%. This downturn is not an isolated event for the project, as the PENGU token has fallen by over 20% in the last 30 days, according to CoinMarketCap. The price retracement for Pudgy Penguins is a reflection of a broader, more challenging period for the NFT market. This sector-wide slump has also impacted other major blue-chip NFT collections. For instance, Bored Ape Yacht Club (BAYC) and Doodles both registered double-digit losses throughout August, indicating widespread investor apprehension.

The NFT market's struggles are directly linked to the performance of the Ethereum network, which hosts the majority of NFT trading activity. Following Ether’s recent retreat from its all-time high of approximately $4,957, the NFT market cap has taken a significant hit, plummeting from $9.3 billion at the beginning of August to a mere $7.4 billion at the time of writing. This strong correlation with ETH prices underscores the dependency of the NFT market on the underlying blockchain's health. While most projects suffered, the CryptoPunks collection demonstrated a surprising resilience, rising by nearly 3% during August. Meanwhile, BAYC recorded losses exceeding 11% and Pudgy Penguins experienced a decline of over 20% in US dollar terms. Despite these price fluctuations, Pudgy Penguins continues to cement its status as a cultural phenomenon, leveraging its physical merchandise to appeal to a mass audience beyond traditional crypto users.

#ETHUSD #ETHUSDT

Ethereum is currently experiencing a notable downturn, having fallen by \$130.92, or 2.94%, to a trading price of \$4326.09. This marks a significant drop, as it represents the lowest 5 p.m. level seen since August 21, 2025, when it traded at \$4239.59. The 2.94% decrease is the largest single-day percentage drop since August 28, 2025, when the cryptocurrency's value fell by 2.99%.
This decline is part of a larger trend, as Ethereum has been down for two consecutive days, with a cumulative loss of 5.83% during this period. On a weekly basis, the performance is even more pronounced, with a 10.71% decrease, making it the worst weekly performance since the week ending April 11, 2025, when it saw a 13.47% fall.
Despite the recent setbacks, Ethereum's performance over longer periods remains strong. It is up 15.81% month-to-date and has gained 29.34% year-to-date. Compared to its value 52 weeks ago on August 30, 2024, when it was trading at \$2517.73, the cryptocurrency has gained a remarkable 71.83%. Additionally, it is up a staggering 207.67% from its 52-week intraday low of \$1387.85 on April 9, 2025.
Ethereum's recent volatility is highlighted by its intraday trading. Today, it traded as low as \$4269.95, representing a 4.20% drop from its opening price. The current price of \$4326.09 is 12.70% below its all-time intraday high of \$4955.23, which was achieved on August 24, 2025. This recent downturn indicates a period of market correction, even as the overall long-term trends remain positive for the digital asset.
#ETHUSD #ETHUSDT