A landmark executive order allowing crypto investments in 401(k) retirement plans is cited as a major sentiment booster for the market.
The US SEC’s clarification that liquid staking tokens are not securities, and renewed ETF inflows (like $91.5M into BTC and $35M into ETH ETFs), are fueling institutional confidence. Category Key Insight
Bitcoin (BTC) Pushed above $117K; breakout target at $122.8K if resistance breached. Ethereum (ETH) Broke $4,000, rallying 5–7%; bullish momentum intact. Altcoins Overall outperforming BTC; Chainlink up ~12%, altcoin rallies gaining traction. Sentiment & Flow Regulatory tailwinds and ETH ETF inflows are driving renewed optimism.#CryptoIn401k #Notcoin #BinanceHODLerPROVE #USFedNewChair #BinanceHODLerPROVE
Ethereum (ETH) surged 5–7%, reclaiming the $4,000 level. Analysts noted strong bullish momentum following the momentum breaking through resistance zones.
Altcoins have outperformed Bitcoin for 31 consecutive days, signaling potential early signs of an altcoin season in motion.
Bitcoin (BTC) rallied approximately 2%, climbing above $117,000 on the back of favorable regulatory developments, including an executive order enabling crypto to be included in 401(k) plans.
Bullish A push above $116K could signal new momentum—watch for stronger volume. Rangeplay BTC remains range-bound between $114K–$116K—ideal for cautious, tactical trades. Macro catalyst Regulatory clarity and ETF flows are providing positive support for the market’s next move. #Notcoin #IPOWave #BinanceHODLerPROVE #Succinct #CFTCCryptoSprint
The U.S. GENIUS Act was officially signed, providing the first comprehensive regulatory framework for stablecoins and boosting institutional confidence.
In a similar stride, the CFTC has approved spot crypto trading on registered futures exchanges under coordination with the SEC's Project Crypto, marking a meaningful policy shift.
Bitcoin (BTC) is trading at $115,000, up about 0.8%—buoyed by renewed investor optimism after President Trump’s tariff announcements lifted broader risk sentiment.
Market capitalization for the crypto sector rose to around $3.77 trillion, a solid 1.3% gain in 24 hours.
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Sector Highlights & Market Dynamics
Inflow signals are strengthening: analysts note improving institutional sentiment and key technical levels hinting at a potential BTC breakout.
XRP: Trading around $3.03, facing resistance at $3.14–$3.34. Recovery needs moving averages flip to support.
Altcoins gaining traction: Keeta Crypto (KTA) is emerging as a top Layer-1 bet this month.
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⚖️ Bottom Line
Bitcoin remains range-bound between $113K and $115K, absorbing profit-taking pressures while waiting for new triggers. With macro uncertainty high and ETF flows tilted bearish, it's a tenuous setup—failure to break higher could edge BTC to retest support toward $110K or lower. #BitcoinTreasuryWatch #BinanceHODLerTOWNS #ProjectCrypto #BinanceHODLerPROVE
Support $113,000 Critical short-term floor Upper Support $112,000–$113,000 Loss below may erode bullish setup Resistance $115,000–$120,000 BTC has stalled here recently Breakdown Risk Below $105,000 Could trigger institutional sell-off
Macro pressure is building due to weaker-than-expected U.S. ISM PMI data, raising fears of stagflation and dampening risk appetite across crypto markets.
On-chain analytics show long-time holders (average cost ≈ $39K) remain patient, while new institutional buyers (≈ $105K average cost) hold at a critical breakeven mark. A fall below $105K could trigger risk sentiment shift.
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💵 ETF Flows & Regulation
BTC spot ETFs saw net outflows of $196 million on August 5—the fourth straight day of withdrawals.
Ethereum ETFs experienced a record single-day outflow of $465 million, breaking a nearly 20-day inflow streak.
Current Price: BTC is trading around $114,063, down ~0.3% over the past 24 hours, with a trading range from $112,700 to $115,093. Total volume is approximately $59 billion.
Market capitalization: ~$2.26 trillion.
Despite minor declines, BTC is holding above critical support near $113,000, where long-term holders are watching closely.
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📌 Drivers & Sentiment
Macro pressure is building due to weaker-than-expected U.S. ISM PMI data, raising fears of stagflation and dampening risk appetite across crypto markets.
This is a trading plan used by traders to decide when to enter or exit the market within the same day (intraday)
Faran khan 240
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🎯 Bitcoin (BTC) Intraday Trading Setup
🟢 Bullish Scenario (Long Setup)
Entry Point (Breakout): Above $116,200
Target 1: $119,000
Target 2: $121,800
Stop-Loss: Below $114,000
Rationale: If BTC breaks above $116.2K with volume, it could trigger a breakout toward $120K+. ETF inflows and rate-cut optimism support upside moves.
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🔴 Bearish Scenario (Short Setup)
Entry Point (Breakdown): Below $112,500
Target 1: $110,000
Target 2: $107,000
Stop-Loss: Above $114,200
Rationale: If BTC fails to hold $112.5K support, short-term sentiment could flip bearish, potentially leading to a larger retracement. #BinanceHODLerPROVE #BinanceHODLerTOWNS #BTCReserveStrategy #ProjectCrypto #TrumpTariffs