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Can ETH Break 4800 Again?

There is a possibility for ETH to break through 4800 USD again, and here is the specific analysis:

Technical Trend Support: From a technical analysis perspective, ETH has completed its pullback and re-entered an upward trend. The key resistance level is at 3936 USD. If this level is broken, ETH will open up upward space, targeting the 4175 USD Fibonacci extension level. Currently, ETH is in the early stages of the (v) wave of Elliott Wave Theory, and if the upward momentum continues, it may challenge the historical high of 4891 USD reached in November 2021.

Market Sentiment and Capital Inflow: From July 14 to 20, 2025, the spot trading volume of ETH reached 25.7 billion USD, surpassing Bitcoin, indicating strong bullish expectations for ETH in the market. If the U.S. approves a staking-based ETF for ETH, institutional funds will flow in further, driving prices up. In addition, on August 9, the cryptocurrency market rose across the board, with ETH surpassing 4200 USD, an increase of more than 8% within 24 hours, and the total market capitalization exceeding 500 billion USD, with strong market sentiment beneficial for further price increases.

Ecological Development Support: After the Ethereum Cancun upgrade, Gas fees dropped to below 1 USD, and activities in DeFi and NFTs have warmed up, with on-chain TVL exceeding 80 billion USD. Additionally, Ethereum plans to launch a cross-chain liquidity integration project by the end of 2025. If successful, it will significantly enhance the capital utilization efficiency of DeFi protocols, promote synergy between the mainnet and L2, improve the capital utilization rate and overall performance of the Ethereum ecosystem, increase ETH demand, and drive prices up.

Institutional Optimistic Forecasts: Several institutions are generally optimistic about Ethereum's price forecast for 2025, with target ranges concentrated between 8000 and 20000 USD. For instance, Steno Research predicts that the price of ETH will rise from 3400 USD to at least 8000 USD by 2025, while CoinMarketCap forecasts a target of 26200 USD, believing that technological upgrades and ecological expansion will drive ETH to become a core investment target for institutions. #ETH

Today's Real-time Summary

BNB Evening Strategy

From the BNB price chart, the price has rebounded from a low of 781, experiencing multiple fluctuations, and once surged to 827. Although a pullback has occurred recently, the current price is around 800, but overall it still shows a trend of gradually rising bottoms, indicating that bullish strength is providing some support, establishing a foundation for a bullish trend.

Intraday Operation: Go long between 790-800, target 830, if broken look at 850.

Ethereum Evening Strategy

Ethereum's price has significantly risen since hitting a low of 3890, experiencing some pullbacks but overall maintaining a trend of upward oscillation, peaking at 4349. Currently, the price is fluctuating around 4250, indicating a certain level of market tug-of-war between bulls and bears, but the foundation for the overall upward trend remains, providing trend support for bullish strategies.

Intraday Operations: Buy Ethereum at 4150-4200, target 4350, and look to 4500 if it breaks above.

Big Cake Evening Strategy:

The price of Big Cake experienced low-level fluctuations and bottoming out in the early stage, followed by a strong upward trend, reaching a maximum of 122331. Although there has been a short-term pullback, the overall rising trend has not been broken, showing a rhythm of "Bottoming - Surge - Pullback Confirmation," which provides a foundation for bullish positioning.

Intra-day operation: Buy at 119500-120000, target 123000.

According to the afternoon strategy, enter long on Ethereum pullback at 4180, exit at 4316, with a 140-point space, securing 22,000 USDT.

BNB can break through $1000

BNB has the potential to reach $1000. From the perspectives of technical trends, ecosystem development, and market demand, there are several favorable factors, as detailed below:

Bullish technical trend: According to an analysis report by TradingView cryptocurrency expert Unichartz, BNB's price trend has broken through a long-standing downtrend resistance line, recovering the historical support-resistance area around $460-$535. The 50-day moving average has repeatedly acted as dynamic support for BNB's price during pullbacks, and technical signals suggest it could soar to $1000.

Healthy ecosystem development: BNB Chain has surpassed Solana and Ethereum in daily DEX trading volume, reaching $2.13 billion. The dominance of PancakeSwap, successful meme coin launches, and technical upgrades like the Pascal hard fork have all provided support for BNB's price.

Increased market demand: As the native token of the Binance exchange, BNB can be used for paying transaction fees, staking, and participating in token sales. With the development of the Binance exchange, the demand for BNB is also increasing. Additionally, Binance's quarterly burn mechanism will reduce the supply of BNB, which, under stable or rising demand, helps drive prices up.

However, BNB also faces some uncertainties. Global regulatory scrutiny of centralized exchanges is becoming increasingly stringent, and Binance has withdrawn operations in several jurisdictions. Any enforcement actions could negatively impact the usability or accessibility of BNB. At the same time, decentralized competitors like Arbitrum and Solana are rapidly developing. If the adoption of BNB Chain stagnates, the demand for BNB based on utility may weaken.

The pancake has pulled back from a high position, take this opportunity to short at a high position and make a big profit.

On August 11, Bitcoin's performance was outstanding.

The price of Bitcoin surged rapidly for a short time, breaking through $121,000; it then continued to rise, at one point increasing by 3.2% to exceed $122,000, reaching a new high since July 18. As of around 5:30 PM, the price of Bitcoin was $121,452, up 2.63%; as of the time of this report, the price of Bitcoin was $121,583, up 3.13%; as of the Shenzhen Commercial Daily report, Bitcoin was quoted at $121,223.6 per coin, rising nearly 4% within 24 hours.

Market Impact

Other cryptocurrencies: As Bitcoin's price rose, other major cryptocurrencies also experienced upward trends. Among them, Ethereum's price broke through $4,300 on the same day; ENA briefly touched 0.837 USDT, with an increase of 11.35%; ZORA briefly broke through $0.13, with an increase of 27.35%, continuing to set a new historical high.
- Investor liquidations: Amidst the dramatic fluctuations in cryptocurrencies, the number of liquidations has risen sharply. According to the latest data from CoinGlass, in the last 24 hours, a total of 113,100 people worldwide faced liquidation, with a total liquidation amount reaching $373 million, of which the liquidation amount for long positions was $170 million, and for short positions was $218 million, with the largest single liquidation occurring on OKX-BTC, valued at $9.144 million.

Analysis of the Reasons for the Rise

Institutional Investor Push: Continuous buying by institutional investors is a significant factor. According to Coingecko data, a publicly listed financial company focused on accumulating crypto assets currently holds Bitcoin reserves worth $113 billion. Institutional funds are continuously flowing into corporate bonds and U.S. spot ETFs, and large-scale purchases are continuously reducing the liquidity of Bitcoin on trading platforms.

Market Sentiment Shift: Following the U.S. imposition of new tariffs on imported gold bars, market sentiment has shifted. Against the backdrop of supply bottlenecks and policy risks facing gold, Bitcoin, as a borderless and tariff-free value storage vehicle, is gaining favor among an increasing number of investors.

Macroeconomic and Market Expectations: The global macro interest rate cut cycle and the traditional financial system's accelerated acceptance of crypto assets have significantly tilted the holding structure of Bitcoin and Ethereum towards bullish options expiring in September and December, with investors betting on the timing of macro rate cuts and the ongoing acceptance of cryptocurrencies by the traditional financial system. Additionally, positive macroeconomic prospects continue to support risk assets, including cryptocurrencies.

Ether 4220 long position, reached 4310, 90 points of space, cashed out 17,000 USDT.

Last night around 4150 Ethereum, target 4350, perfectly reached the profit-taking point, 200 points of space.

Ethereum Afternoon Strategy

From the candlestick chart, the price shows an overall upward trend. After a relatively long period of bottom consolidation and gradual rise, the price broke through the previous range of fluctuations, reaching a high of 4349. Although there has been a certain degree of pullback, it remains at a relatively high level, indicating that bullish forces are dominating the market, and pullbacks present buying opportunities.

Intraday Operations: Buy on pullbacks to 4150-4200, with a target of 4350, and if it breaks above, look for 4500.

Pancake Afternoon Strategy

After experiencing a bottom consolidation, BTC has made a clear upward breakout, with a strong bullish trend indicated by a large upward candle accompanied by small cycle corrections. The overall bullish trend is strong, and short-term upward momentum has not shown obvious signs of exhaustion, making pullbacks a buying opportunity.

Intraday operation: Buy on pullbacks to 121000-121500, target 123000, and if it breaks, continue to look at 125000.

The pancake has risen sharply, buy around 118000, exit at 121000, 3000 points of space, successfully pocketed 50,000 U.

The morning pancake starts to rise, perfectly confirming Xinyang's strategy from yesterday. Entered long at 118000 yesterday, currently at 121800, over three thousand points earned.

The Future of Altcoins: Finding a Path Amid Differentiation

The future direction of altcoins is influenced by multiple factors including the market, technology, and regulation, showing an overall trend of differentiation.

On the market level, capital is accelerating towards leading assets like Bitcoin, and most altcoins are facing marginalization pressure; some mid and small-cap token indices have seen a decline of up to 50% this year. However, in specific market conditions, hot narratives (such as MEME, AI, DeFi) or ecosystem explosions (like Solana, Base) can still drive certain altcoins to lead, indicating that local opportunities still exist.

Technically, most altcoins struggle to break through application limitations due to a lack of core innovation and obvious performance bottlenecks; a few projects with real scenarios (such as tokens related to active DeFi protocols) still have growth potential thanks to technological iterations and ecosystem support.

Regulation is a key variable. Against the backdrop of tightening global regulations, the compliance difficulty for altcoins is much higher than that for Bitcoin, and some projects may be eliminated for failing to meet the requirements; if a regulatory framework is clear, compliant and high-quality projects may usher in regulated development space.

In the future, altcoins lacking application support will ultimately be eliminated by the market, while quality coins with technological innovation, real scenarios, and a compliance foundation are expected to establish themselves in niche areas and even embrace new opportunities through technological integration (such as with AI and the Internet of Things), but competition and challenges coexist.

ETH may surpass BTC in some aspects in the future, but completely surpassing it as a whole faces many challenges and is highly uncertain.

- Application Scenarios: BTC primarily focuses on value storage and transfer, with a single scenario; ETH relies on the Ethereum ecosystem, supporting diverse applications such as stablecoins, DeFi, and NFTs, with greater potential for user growth and may surpass BTC in terms of applications and users.
- Technological Development: BTC has slow transaction speeds and high fees, with slow progress in improvement; ETH has an aggressive technology roadmap, such as zkEVM, and if upgrades are implemented, it will enhance competitiveness and facilitate technological breakthroughs.
- Market Supply and Demand: BTC has a fixed total supply; ETH has no total supply limit but has a burning mechanism, and its inflation rate is already lower than BTC's. If utilization increases, the deflationary effect may become an advantage.
- Institutional Recognition: ETH ETFs are attracting strong funds, with significant recent inflows, while Bitcoin ETFs have net outflows, suggesting that continued institutional optimism may drive its market capitalization to approach or even surpass that of BTC.
- Regulation and Status: ETH faces greater regulatory pressure due to its complex financial attributes (e.g., the EU lists it as high-risk); BTC, as the pioneer, has a strong first-mover advantage and a stable "digital gold" status, with strong market inertia, and ETH needs to break through cognitive barriers.

BTC Trend: Finding Direction Amidst Volatility

As the benchmark of cryptocurrencies, BTC's price trajectory has always been dramatic. Looking back at history, it started from just a few cents, experiencing multiple surges and crashes: it first broke $20,000 in 2017, soared to a peak of $69,000 in 2021, and then significantly fell back due to tightening regulations and liquidity contraction, illustrating a cycle of 'bull and bear'.

The core factors currently influencing its trend are still clearly identifiable:
On the macroeconomic level, global liquidity tightening and risk appetite directly affect capital flows—during easing cycles, BTC is often seen as an inflation hedge attracting funds; whereas tightening policies like the Federal Reserve's interest rate hikes can easily trigger sell-offs.
Regulatory policies are crucial variables, with significant divergence in attitudes across different countries: some regions recognize its legitimacy and even incorporate it into payment systems; others, due to risk control, impose trading restrictions and ban mining, which has a noticeable short-term impact on market sentiment.
On the supply-demand front, BTC's fixed total supply and 'halving mechanism' create a deflationary attribute, but if early holders engage in concentrated sell-offs, it can still suppress prices; meanwhile, institutional entry and the expansion of ecological applications (such as the Lightning Network enhancing usability) continuously create demand.

The future trend is hard to conclude: optimists believe that as traditional financial institutions further expand their presence and the technical ecosystem improves, BTC may gain broader recognition; however, regulatory uncertainties and the volatility of market sentiment could still trigger severe fluctuations. For investors, understanding its inherent high volatility is more important than predicting specific price points.

In recent days, the pancake has also been following a long strategy. The strategy is laid out here, and I hope the brothers can keep up.