Quantum X Labs

$LINK
Market Structure & Multi-Timeframe Technicals: Chainlink has recently broken out of a long-term consolidation. On the 1-week chart, LINK/USD cleared a multi-year symmetric triangle by reclaiming the $23 levelbitget.com. This breakout coincided with a 17% surge to about $27.6 on Aug 23bitget.com, signaling a shift from accumulation to a bullish cycle. On the 1-day chart, price is now near its 2025 high ($27.8)coinlore.com and comfortably above key moving averages (50-day ~$19.3, 100-day ~$16.7, 200-day ~$14.7, all “Buy” signals)coincodex.com. The 4-hour chart shows a pullback into the $24–25 support zone, where the daily RSI has dipped into oversold territory (~33)investing.com while MACD turned slightly negativeinvesting.com. In sum, higher timeframes (1D/1W) are bullish, but near-term momentum is cooling off, suggesting a possible bounce or consolidation at support.

Key Trendlines & Patterns: Chainlink was bound by a bullish “triangle/flag” pattern for yearstradingview.com. The recent move above $23 also exits that patternbitget.com. A cup-and-handle pattern has been noted in charts, projecting upside targets (e.g. ~$34.6 and beyond)tradingview.com. However, caution is warranted: one analyst flagged a 5-year flag with gaps and waning volume, hinting at overheating and a possible pullback to supporttradingview.comtradingview.com.
Support & Resistance: The $23–25 area is now major support. In particular, $21.6 corresponds to the 0.618 Fibonacci retracement of the prior rally and is a key stop-loss zonebitget.com. Below that lie lower supports near $20.0 (psychological) and ~$16–17 (prior gap areatradingview.com). On the upside, $27.8 (recent high) is the next resistance. Above that, $30.0 is a psychological/technical barrierbitget.com, followed by the 0.786 Fib at ~$31.9 and then higher extensions. Analysts are eyeing ~$30–32 as the first upside zone, with more ambitious targets up to ~$46–52 if momentum holdsblockchainreporter.netbitget.com.
Indicators (RSI, MACD, Volume): On daily bars, RSI (~33) is oversold, suggesting short-term relief may be dueinvesting.com. MACD (12,26) is slightly negativeinvesting.com, consistent with the pullback. Volume surged on the breakout (recent daily volumes ~$3B, highest since Dec’24ainvest.com), indicating strong buying interest. On weekly charts, momentum remains solidly up: RSI is in neutral/upper range (no extreme overbought), and MACD trend is still positive. In summary, higher-timeframe indicators favor bulls (trend is up), while short-term indicators show some exhaustion (oversold RSI) that could prompt a bounce.
On-Chain Sentiment & Metrics

Whale Activity: On-chain analytics show large-scale accumulation. Santiment reports a 7-month peak in whale transfers (transactions >$100k) and an eight-month high in active LINK addresses as price holds mid-$20sblockchainreporter.net. Notably, roughly 2 million LINK were withdrawn from exchanges in a 48-hour window recentlyblockchainreporter.net. A single wallet even pulled ~1.04M LINK (≈$24.6M) from Binance in three daysainvest.com. Such off-exchange moves typically signal intent to hold (not sell), reducing circulating supply and buoying price.
Exchange Flows: Exchange-held LINK has steadily declined. Over the past 6–8 weeks, on-chain data show a ~9–10% drop in LINK supply on exchangesainvest.com. This lower on-exchange liquidity, combined with continued whale inflows, implies reduced sell pressure. AInvest notes these flows drove LINK to “reclaim $24” and fueled FOMOainvest.com. The upshot: major holders are net buyers, and supply on exchanges is tighteningblockchainreporter.netainvest.com.
Staking & Supply: Chainlink’s token unlock schedule is complete (no large future unlocks)tokenomist.ai. Circulating supply is ~678M LINK (≈68% of total)coinbase.com. The new staking regime (Economics 2.0) offers ~4.75% yield, but only ~4% of circulating LINK is staked so farmedium.com. Low staking ratio means most LINK is still liquid, but the yield and staking path add a modest bullish fundamental.
Social Sentiment: Social analytics have turned positive. LINK’s social sentiment (e.g. bullish vs bearish comments) is trending bullishblockchainreporter.net. Combined with low realized profit-taking (per AMBCrypto)ainvest.com, there is currently more buying “fear-of-missing-out” than panic selling.

News & Fundamental Drivers

Chainlink’s broader fundamentals remain strong. The network now secures over $90B of value (TVS) across 60+ blockchainsainvest.com, up ~90% since early 2025. Partnerships keep growing: for example, Intercontinental Exchange (ICE) and SBI Group (Japan) are integrating LINK – ICE for cross-asset data feeds and SBI for tokenized real-world assetsainvest.comcoinbase.com. CoinGecko notes LINK’s institutional narrative: Strategic deals (SWIFT, Visa/Mastercard) and a shrinking supply on exchangesainvest.com.

Notably, Chainlink’s Reserve program (a treasury fund) has been buying LINK – recently adding 150,770 LINK ($1.0M)coinbase.com. This corporate demand adds another layer of accumulation. On the flip side, broader crypto factors (e.g. macro risk, Bitcoin trend) will of course impact LINK; currently, Bitcoin/crypto markets are mostly neutral-to-bullish, which helps LINK’s case. Importantly, Chainlink has no imminent token unlocks (all vesting completed by 2024)tokenomist.ai, so sudden supply spikes are unlikely. Overall, both chain adoption metrics and tokenomics align with a bullish medium-term outlook.

Trading Strategy (Long-Bias Futures)

Entry: Target a long entry near $25.0–$25.5, ideally on a confirmed bounce off the $24–25 support zone. This area just above the breakout pivot ($23–24) offers a favorable risk entry. One could also scale in around $23–24 if price retests that level as support.
Stop-Loss: Place stop-loss around $21.5 (just below the critical $21.60 Fib supportbitget.com). A drop below ~$21.5 would invalidate the recent breakout, so use that as the cut-off.
Take-Profit Targets: Plan multiple profit targets. TP1 at $30.0 (near prior all-time resistance) is an initial goalbitget.com. TP2 around $35.0 (next resistance/fib zone) allows capturing mid-cycle gains. TP3 is an extended target near $46–52 (full measured move from the triangle)bitget.com. In practice, one might scale out partly at ~$30–32 and hold the rest for ~$45+.
Leverage: Use moderate leverage (e.g. 5–10×). Since this is a position held weeks/months, avoid extreme leverage that could liquidate on normal swings. At 5–10×, a 10–20% move in LINK is manageable with sound stops.
Risk/Reward: With entry ~$25.0 and stop $21.5 (risk ≈3.5), TP1 ($30) offers 5 points gain (R≈1.4), TP2 ($35) 10 points (R≈2.9), and TP3 ($46) ~21 points (R≈6.0). Aim for at least 3:1 R/R on the final target. If using only TP1/TP2, ensure partial risk is reallocated or stops are trailed to lock in a 1.5–3:1 ratio per scale.
Position Sizing: Risk only a small fraction of capital per trade (1–2%). For example, risking 1% at a 5-point stop (≈$3.5) means sizing so that 1% loss equals 3.5-points. Always adjust size according to actual stop distance and desired risk.
Key Levels & Targets: The table below summarizes the main support/resistance and target levels.

Price (USD)Significance~$21.6Major Support – 0.618 Fib retracementbitget.com~$23.0Breakout Zone – former resistance now supportbitget.com~$25.0Near-term Pivot/Support~$27.8Recent High/Resistance~$30.0Resistance/TP1 – psychological barrierbitget.com~$35.0Target/TP2 – next Fibonacci zone~$46–52.0Extended TP3 – Fibonacci extension zonebitget.com

Summary: Chainlink’s chart structure and on-chain data lean bullish. The $23 breakout, supportive indicators (moving averages, volume), and strong whale accumulation suggest the next few weeks favor higher pricesbitget.comblockchainreporter.net. A disciplined long entry around $25 with a stop below $21.5 offers a favorable risk-reward. Success depends on LINK holding above the ~$21.6 support; failure back below could signal re-tests of low-$20s. Otherwise, a rally to $30+ (and potentially $35–50) remains the base case, especially in a bullish crypto environmentbitget.comblockchainreporter.net.

#Chainlink

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.
San Antonio, Texas--(Newsfile Corp. - August 25, 2025) - HIVE Digital Technologies Ltd.  (FSE: YO0) (the "Company" or "HIVE"), a diversified multinational digital infrastructure company, today announced that it has surpassed 16 Exahash per second ("EH/s") of global Bitcoin mining hashrate, marking another major milestone in its journey toward 25 EH/s by U.S. Thanksgiving.
This progress has lifted HIVE's daily Bitcoin output above 8 BTC, doubling the Company's production from May of this year.
"Our rapid deployment in Paraguay is precision execution at scale and a true testament to the tenacity, velocity, and vision of our team," said Luke Rossy, HIVE's Chief Operating Officer.
Rossy continued, "With over 5 EH/s of next-generation Bitmain S21+ Hydro miners already energized in Phase 2 at Yguazú, and new machines arriving weekly, our team, under the phenomenal leadership of Country President of Paraguay Operations, Gabriel Lamas, is working around the clock to install new machines as quickly as they arrive."
Deployment will then begin at the Phase 3 Valenzuela site in September, the final stage of HIVE's fully funded path to 25 EH/s. At which point, HIVE's daily Bitcoin production is projected to reach 12 BTC per day (based on current Bitcoin network difficulty), with HIVE having a global fleet efficiency of approximately 17.5 J/TH, representing nearly 3% of global supply at current network difficulty. The Company's expansion demonstrates the benefits of scale and energy efficiency, with the latest generation ASICs allowing HIVE to improve unit economics by generating more hashrate per joule of energy consumed, realizing additional revenue without additional labor or corporate overhead.
"The team continues to be laser-focused on executing our ambitious growth strategy. After scaling from 6 EH/s to 16 EH/s so far this year, we expect to complete Phase 2 at Yguazu on schedule, and reach 18 EH/s in the coming weeks," added Aydin Kilic, President & CEO. "Clean, green, and funded by our operations, our purpose is clear: to build resilient, decentralized infrastructure that secures the future of Bitcoin while generating robust, lasting cash flow for our shareholders."
Bitcoin mining economics are straightforward. Miners can calculate the value of each incremental exahash with simple math based on the global network difficulty. At today's network Difficulty of 129T, one exahash generates approximately 0.50 BTC per day, including block rewards and transaction fees. This means that adding just 2 EH/s of new capacity translates into the addition of roughly 1.0 BTC per day. Similarly, in the previous epoch when Difficulty was 127T, one exahash generated approximately 0.51 BTC per day, including block rewards and transaction fees. This data is publicly available from Bitcoin block explorers, which make mining data available (https://www.blockchain.com/explorer/charts#mining%20information is one example) . The daily revenue potential is a function of multiplying the amount of BTC mined per day by the then announced price of BTC. From that revenue, the analyst subtracts costs to determine mining margin. The costs associated with our mining operations are approximately 80-90% electricity, depending on the site. Cost factors that vary include staff, real estate costs, and operating and maintenance expenses. Electricity, our primary cost, varies by usage (mining) which means that it is tied to revenue.
This transparency is what makes the mining industry unique. Unlike many industry sectors where pricing power is uncertain or revenue forecasting is complex, Bitcoin miners know how each unit of computational power converts into economic output. The variables are public. They include the block reward, the level of network difficulty, the global hashrate and the market price of Bitcoin. Each exahash deployed represents a measurable contribution to daily Bitcoin production and revenue. With disciplined capital allocation and access to low-cost energy, miners can translate scaling into predictable cash flow. In short, Bitcoin mining economics are not a mystery-they are mathematically determined, with all data being available through the Bitcoin blockchain network statistics, widely available through many popular Bitcoin block explorers. In today's environment, every exahash matters. We strongly encourage investors in our industry to become familiar with the economic framework of Bitcoin mining. We especially encourage investors to examine our operating costs, as reflected in our quarterly and annual filings.
Once Phase 2 at the Yguazú site is fully complete in the coming weeks, HIVE expects to surpass 11.5 EH/s of capacity in Paraguay, with a global total operating hashrate of 18 EH/s, while improving global fleet efficiency to approximately 18.4 Joules per Terahash ("J/TH"). This energy efficiency is a measure of unit economics, representing how much energy the Company uses to produce one Terahash of Bitcoin compute. Because electricity is our primary cost, this indicator is central to understanding the profitability of HIVE's operations. With Bitcoin price at $113,000 and Difficulty at 129T, the Bitcoin network hash price is approximately $55 per PH/s per day, with a global fleet efficiency of 18.4 J/TH, and HIVE's mining margin after electrical costs* would be approximately 60%. One resource to reference Bitcoin hash price is the Bitcoin Hashprice Index (https://data.hashrateindex.com/network-data/bitcoin-hashprice-index).
* As used herein, "Mining Margin" is calculated by dividing the mining profit (revenue generated from mining activities minus power costs related to those activities) by the total revenue generated from mining activities and expressed as a percentage. In mining, the most significant expense is power costs, in this estimate we are assuming an average of 5 cents per KWHR for indicative purposes. "ARR", as a metric, represents revenue only, and does not represent profitability. ARR is presented here as a measure of growth. These non-GAAP measures should be read in conjunction with and should not be viewed as alternatives to or replacements for measures of operating results and liquidity presented in accordance with GAAP in HIVE's quarterly and annual financial statements. All financial projections reflect current market sentiment and public disclosures as of August 2025; actual outcomes may vary. Investors should conduct their own due diligence.
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure data centers, powered exclusively by renewable hydroelectric energy. With a global footprint in Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.
For more information, visit hivedigitaltech.com, or connect with us on:
X: https://x.com/HIVEDigitalTech
YouTube: https://www.youtube.com/@HIVEDigitalTech
Instagram: https://www.instagram.com/hivedigitaltechnologies/
LinkedIn: https://linkedin.com/company/hiveblockchain
On Behalf of HIVE Digital Technologies Ltd.
"Frank Holmes"
Executive Chairman
For further information, please contact:
Nathan Fast, Director of Marketing and Branding
Frank Holmes, Executive Chairman
Aydin Kilic, President & CEO
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: the construction of the Company's in Yguazú, Paraguay and its potential specifications and performance upon completion, the timing of it becoming operational; business goals and objectives of the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the receipt of government consents; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Factors that could cause actual results to differ materially from those described in such forward looking information include, but are not limited to: the inability to complete the construction of the Paraguay acquisition on an economic and timely basis and achieve the desired operational performance; the ongoing support and cooperation of local authorities and the Government of Paraguay; the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company's ability to utilize the Company's ATM Program and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company's profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of pandemics on the business of the Company, including but not limited to the effects of pandemics on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.
The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events will occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263712

$HIVE

$SOL

VanEck’s recent ETF filing has reignited debate over whether staking yields or raw price performance matters more for long-term investors.
The firm, which has been at the forefront of the push for more digital asset exchange-traded funds (ETFs), filed with the SEC for the first spot Solana ETF fully backed by a liquid staking token (LST)—JitoSOL.

Analysts Debate Staking Yield vs Price Action
If approved, the VanEck JitoSOL ETF would become the first 100% LST-backed ETF in the US. This would mark a new stage in the institutionalization of staking-based products.
The announcement immediately fueled discussion among analysts. While community sentiment reflected optimism, one user noted that staked SOL outperformed Ethereum, Solana, Bitcoin, and Staked Ether since Solana launched.
Against this backdrop, researcher Tom Lombardi questioned the relevance of staking yield for JitoSOL. This is in terms of its impact on the Solana price.
More closely, the analyst highlighted the mismatch or potential disconnect between short-term price momentum and long-term staking benefits.
“SOL is up 13.6% in one day. Staking yield is 0.02% in one day. Sooooo why does yield matter again? Lombardi stated.
However, according to Matthew Sigel, VanEck’s Head of Digital Assets Research, investors should focus on the long-term compounding advantage of staking rather than immediate price impact.
“During a 50% drawdown, 6% yield won’t save you. But when SOL returns to ATH, the staker is well above breakeven while the non-staker is not. That’s the quiet power of compounding. Always overlooked. Preps your portfolio for drawdowns and dilution,” Sigel posted.
Meanwhile, the debate suggests a broader divide. On the one hand, short-term traders focus on price swings.
On the other hand, asset managers, among other investors, increasingly focus on compounding yield as a risk buffer during market cycles.
Has the SEC Opened the Door for LST ETFs?
Jito, the Solana-focused staking protocol behind JitoSOL, framed the ETF filing as a milestone after almost a year-long pursuit.
“This filing represents a culmination of 8 months of collaborative work with SEC staff to establish clear regulatory frameworks for Liquid Staking Tokens,” the team announced.
The SEC’s 2025 guidance, recognizing LSTs as technical receipts representing staked assets plus rewards, has effectively cleared the compliance path.
Jito emphasized that ETFs’ advantages include liquidity discipline, investor-friendly economics, clean NAV mechanics, and closer network alignment. Notably, all these are critical elements for winning institutional trust.
“We’ve long said a 100% staked ETF will offer investors the best product, and we’re excited to see VanEck pushing forward here,” wrote Lucas Bruder, co-founder and CEO of Jito Labs.
For VanEck, the JitoSOL ETF is part of a strategy to bring staking economics into regulated wrappers. The financial instrument bridges the gap between emergent blockchain infrastructure and traditional allocators.
With Solana gaining traction as an institutional-grade blockchain, the ETF could offer exposure that blends yield, liquidity, and compliance.
Whether investors ultimately prioritize staking yields or pure price action, the filing signals that staking-based products are moving squarely into the regulated mainstream.

#solana #vaneck #SolanaETF

$BTC $SHIB

Blockchain wallet tracker Shibburn has shared a recent update regarding the recent transactions to dead-end wallets on its website.
A four-digit increase in token burns has been achieved after the recent activity of the SHIB community.
SHIB burns jump 2,196%
Data published by the aforementioned source has revealed that over the past 24 hours, the community of the second-most-popular meme coin, SHIB, has managed to dispose of a significant amount of tokens. Within the past day, they have transferred 1,606,561 Shiba Inu to unspendable blockchain addresses. This led to an increase of 2,196.63% in this metric. The largest amount of SHIB burned today has been 1,192,392 SHIB so far.
As for weekly burns, a recently published tweet shows a 29% tumble here, while a lot more coins have been torched — 72,264,101 SHIB.

SHIB price tumbles by 13%
Over the past week, the largest cryptocurrency on the market, Bitcoin, has demonstrated a decline of around 8.32%, pulling the whole market along with it. Following Bitcoin’s price trajectory, SHIB has gone down by roughly 13% since last Thursday after reaching a local top of $0.00001417.
At press time, Bitcoin is changing hands slightly under $114,000, and Shiba Inu is trading at $0.00001226. The decline over the past 24 hours has constituted approximately 3.22%.


#CryptoRally #BTC走势分析 #SHIB #Shibarium

Key points:
Bitcoin approaches the weekly close with $114,000 in focus as late-week gains fizzle.Ether remains the center of attention after its latest all-time highs, with whales swapping BTC for ETH.BTC price action enjoys a CME futures gap to the upside, providing a new short-term target.
Bitcoin  circled a “key” price level into Sunday’s weekly close as markets continued to fade earlier gains.

ETH price rally steals the spotlight as Bitcoin settles
Data from Cointelegraph Markets Pro and TradingView showed drifting toward $114,000.
The weekend saw little volatility for the pair after a Friday surge to nearly $117,500 courtesy of external news.
This came courtesy of Jerome Powell, Chair of the US Federal Reserve, who during his speech at the annual Jackson Hole economic symposium hinted that interest-rate cuts would resume in September.
Crypto joined risk assets in a broad rally, with the largest altcoin Ether even making new all-time highs.

Given the current market structure, commentators remained focused on ETH as a result.
“$ETH is attempting a strong weekly close above $4,600. This'll be a major confirmation that it's not a bull trap,” popular trader BitBull told X followers in his latest analysis. 
“If ETH manages a weekly close above $4.6K, that'll mark the highest weekly close ever. Also, it'll set the stage for the next leg up towards $5,200-$5,500 by next week.”

Citing data from crypto intelligence firm Arkham, X analytics account Lookonchain observed multiple transactions involving long-dormant BTC being swapped for ETH.

BitBull described whale appetites for Ether as “aggressive.” 
“Despite the ETH rally of 300%+ in 4 months, whales aren't slowing down,” part of another X post concluded. 
“It seems like the rally isn't done yet.”
Ether, Bitcoin tackle new round of CME gaps
Elsewhere, popular trader and analyst Rekt Capital noted that  had filled an open gap in CME Group’s Ether futures market.

On the radar for Bitcoin, meanwhile, was the gap resulting from weekend price action.
“$BTC Slow weekend in general which was to be expected after Friday's massive rally across the board. If BTC were to open up like this tomorrow, we'll have a pretty sizeable gap,” trader Daan Crypto Trades summarized. 
“You've probably seen the track record these gaps have been on where we've closed pretty much all of them on Monday or didn't even open up with a gap in the first place.”

Last week, Rekt Capital called the $114,000 mark “key” for Bitcoin as a weekly close level.
As Cointelegraph reported, some market perspectives see a correction hitting Ether in September, based on historical patterns.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

$ETH

Crypto analyst CobraVanguard has suggested that the Solana-based meme coin MYRO could be the next to reach a $1 billion market cap. This follows his prediction that the meme coin could enjoy a 200% price surge from its current level. 
Why MYRO Could Enjoy A 200% To $0.2
CobraVanguard mentioned in a TradingView post that the meme coin is forming a falling wedge on the daily timeframe. He claimed that MYRO could enjoy massive upside moves if it breaks out from its current resistance. The analyst added that he expects the price to go up to the Fibonacci line of 0.618, which is at $0.2. 
A rise to $0.2 means that the Solana meme coin could rise above a market cap of $200 million. Based on CobraVanguard’s prediction, MYRO will likely enjoy further moves to the upside, potentially placing a $1 billion market cap in sight. Crypto analyst SwallowPremium also provided a bullish outlook for the mem coin, stating that a breakout above the $0.2 level will lead to further moves to the upside. 
It is worth mentioning that MYRO’s current all-time high (ATH) is at $0.4, a price level reached in March earlier this year. As such, a run up to its current ATH will likely be on the cards if the Solana meme coin reaches $0.2. A run to its current ATH will put it above a $400 million market cap, further strengthening the community’s belief that the coin could reach a $1 billion market cap. 
The Price Breakout Will Soon Happen
Crypto analyst Yzzz also stated in an X post that the MYRO price breakout will soon happen. The analyst noted that if Bitcoin moves to the upside, the meme coin will surely “run hard.” He added that the chart has been primed for a while, seeing as it bottomed and the time-based capitulation has happened. 
Meanwhile, Yzzz also cited that MYRO was already listed on Binance and Bybit for perpetuals trading. He noted that this is the Solana meme coin with the lowest market cap to achieve this feat. As such, he expects the coin to go higher, seeing how much attention it already has through the largest centralized exchanges (CEXs). 
Interestingly, the crypto analyst boldly claimed that MYRO would soon outperform the foremost Solana meme coin, Dogwifhat (WIF). He revealed that both meme coins have traded closely for some time now. However, he expects that to change soon enough, with MYRO coming out on top. In line with this, he advised market participants to place their bets and believe in something. 
At the time of writing, MYRO is trading at around $0.08, up over 15% in the last 24 hours, according to data from CoinMarketCap. 

$SOL

Key points:
Bitcoin heads back below $113,000 at the Wall Street open as bulls fail to clinch support.BTC price manipulation is one explanation for the downside, with exchange order-book bid liquidity in focus.More crypto market volatility is expected from the Federal Reserve’s Jackson Hole event.
Bitcoin sought new local lows at Wednesday’s Wall Street open as bulls struggled to halt a repeat US sell-off.

Bitcoin price pressure brings back “Spoofy the Whale”
Data from Cointelegraph Markets Pro and TradingView followed  as it sank below $113,000 after initially reclaiming it after the daily open.
Bid liquidity was being taken on exchanges at the time of writing, with $112,300 now a level of interest, per data from CoinGlass.
“$BTC Took out a bunch of liquidity on both sides for the past 6 weeks, as it ranged around this same price region,” popular trader Daan Crypto Trades summarized on liquidity conditions in his latest post on X. 
“The biggest cluster in close proximity now sits at around $120K and of course the local range low at $112K is still in play. Keep an eye out of those areas as they often act as local reversal zones and/or magnets when price gets close to them.”

Keith Alan, co-founder of trading resource Material Indicators, suggested that more bid liquidity appearing lower down the order book — including “plunge protection” at $105,000 — could be a form of price manipulation.
Alan referred to entities for whom he coined the phrases “Spoofy the Whale” and the “Notorious B.I.D.” — both apt to artificially influence price action in recent months.
“Too soon to make any assumptions, but the influence on price direction will be the same,” he concluded.
“Bids moving lower invites price to move lower.”

Continuing, popular commentator TheKingfisher warned that Bitcoin could “bleed” further, which would have significant consequences for altcoins.
“Altcoins currently show a balanced skew. We might see a minor retrace aimed at liquidating high-leverage shorts. Momentum remains steady,” part of an X post read on the day.
“Still, we could see a gradual bleed, cascading block by block. While majors remain stable, a 5% BTC move could trigger 10–30% drops in alts.”

A silver lining came from popular trader and analyst Rekt Capital, who compared current price action to previous bull-market corrections.
“One of the most positive things about this current pullback is that this same type of retrace took place at this same moment in the cycle in both 2017 and 2021,” he told X followers.
“In both 2017 and 2021, each of those retraces preceded upside to new All Time Highs.”
All eyes on Fed’s Powell at Jackson Hole
With the minutes of the US Federal Reserve’s July Federal Open Market Committee (FOMC) meeting due, trading firm QCP Capital looked to Friday’s speech by Chair Jerome Powell.
Under heavy pressure to cut interest rates, Powell will take to the stage at the Fed’s annual Jackson Hole economic symposium. 
As Cointelegraph reported, last year saw Powell channel details about forthcoming rate cuts. His language will be watched by markets looking for confirmation that September’s meeting will yield that outcome.
“The stakes are high: setting the path of monetary policy as markets balance easing inflation against rising labour risks,” QCP wrote in its latest “Asia Color” update on Wednesday. 
“Markets are currently pricing an 80–95 % probability of a 25‑basis‑point cut at the 17 Sep FOMC, yet incoming data could shift expectations quickly.”

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

$BTC $USDT

$LINK $ETH

Chainlink began a strong upward trajectory in July, along with the rest of the crypto market. The altcoin recently hit a seven-month high. In the past 30 days alone, LINK has climbed by almost 30%.
Behind the resurgence, the network is seeing an increase in wallet creation and network activity. New Wallet Growth
According to Santiment, Chainlink has strengthened its standing among altcoins with a breakout above $26. This level was last seen in January this year. More telling than the price jump are the network forces fueling it. On Sunday, 9,813 distinct addresses engaged in transfers, and Monday brought 9,625 brand-new wallets, both setting 2025 highs.
These metrics suggest organic growth and increasing confidence in the project’s ecosystem. If participation continues at these peaks, the crypto analytic platform said it could validate the upward trajectory and open the door for LINK to challenge $30, thereby establishing an even stronger foothold in the current altcoin market. Market commentatorsarguethat LINK’s breakout is more than a short-term bounce.
For instance, a trader observed that the token is on the verge of breaking a four-year resistance trend around the $30 level. They argued that if LINK manages a clear breakout above this zone, it could ignite a parabolic rally, and its price acceleration could resemble steep upward moves seen in past crypto cycles. This surge could ultimately propel LINK toward the $200 mark.Chainlink Treasury: A Catalyst?
Michael van de Poppe, founder of MN Trading Capital, said in a recent post on X that Chainlink’s long-standing downtrend has come to an end. According to him, the asset has now shifted into an upward trajectory, in what appears to be a clear change in market structure.
Van de Poppe added that LINK is emerging as “one of the strongest assets in the space,” and attributed the renewed momentum to the announcement of the Chainlink Reserve. The development, he added, could provide a foundation for continued growth as the project gains further traction within the market.
Chainlink Reserve was unveiled earlier this month. It’s a new on-chain mechanism that aims to channel enterprise demand directly into the LINK token. The reserve will accumulate LINK through revenue generated from institutional service fees as well as on-chain usage fees from decentralized applications.
The initiative is intended to boost the sustainability and long-term growth of the Chainlink network by creating steady buying pressure and aligning institutional adoption with token demand.

$BTC

Key points:
Bitcoin’s RSI shows weakening momentum despite previous price gains, raising concerns about trend strength.MVRV model outlines critical support at $112K, $91K, and $70K amid recent pullback.First-time buyers added 50K BTC during the dip, suggesting quiet accumulation despite bearish signals.
Bitcoin Price and Market Movement
Bitcoin was trading below $114,000 at press time, down 5% over the past week. After reaching a 24-hour peak of $117,000, the price has pulled back slightly as the market enters a period of consolidation.
Crypto analyst Ali Martinez shared an update on Bitcoin’s support levels based on MVRV Pricing Bands, which measure how far the current price deviates from the average cost basis of holders.
Based on this model, the next major support levels are at $112,800, $91,400, and $70,000. These are levels where Bitcoin has historically found strong demand during corrections.
At the time of analysis, Bitcoin was trading between the +0.5σ band ($112,830) and the +1.0σ band ($134,250). This range is often seen during elevated but stable conditions in the market.
MVRV Pricing Bands point to $112,800, $91,400, and $70,000 as the next big support levels for Bitcoin $BTC .
— Ali (@ali_charts) August 20, 2025
RSI Divergence and Trend Shift Signs
On the technical side, Martinez noted a pattern forming on the weekly RSI. While the price has continued to rise, the RSI has been making lower highs since March 2024. This is known as a divergence and often appears when buying strength does not match price gains.
In a post on X, Ali wrote,
“Since March last year, Bitcoin $BTC weekly RSI has been making lower highs… I wonder what will happen next.”
This suggests momentum may be fading, even if the price is near recent highs.
Another market watcher, Captain Faibik, pointed to a rising wedge breakdown and added that the daily candle closed below the EMA50, which is near $114,900. He stated that “Bitcoin is now very close to the $111,880 support level. If bulls fail to defend it, the next target will likely be around 108k.”
He also added that holding above $112,000 could allow for a possible recovery and retest of the moving average. The current setup suggests that sellers are still in control, unless a bounce occurs soon. Buyer Activity and Accumulation
As CryptoPotatoreported, over the last five days, wallets tagged as “First Buyers” have added roughly 50,000 BTC, raising their total holdings from 4.88 million to 4.93 million BTC. This shows some new interest entering the market, even as prices have pulled back.
While Bitcoin has lost ground in the short term, this kind of steady accumulation could offer some stability. It’s not a guarantee, but it’s a sign that some investors are still buying when prices dip.
Meanwhile, the key level to watch now is $112,000. If that floor gives way, prices could start moving toward the next zones around $91,400 and $70,000. These levels have seen heavy buying in the past and may do so again.
Right now, Bitcoin is still trading just above the first support band. If it stays there, it could open the door for a bounce. If not, traders will likely look lower on the chart for the next move.