Trading Recommendations on Binance – Week of August 15 to 22
This week the crypto market is moving with special attention to the CPI data in the United States, published on August 13. If inflation turns out to be lower than expected, we could see a bullish impulse in $BTC , $ETH , and several altcoins. On the other hand, if the data surprises to the upside, it is likely that the market will cool down temporarily, especially in the more volatile tokens.
Bitcoin continues to show strength, remaining above $117,000. If it manages to break $120K with good volume, we could be at the start of a new bullish phase. Ethereum, for its part, is in an interesting accumulation zone. Rumors about the possible approval of a spot ETF could be the catalyst that pushes it above $6,000 in the coming weeks.
Binance Leads Bitcoin Spot Volume: A Sign of a Rally?
During the second week of August 2025, Binance once again surpassed all other exchanges in Bitcoin spot volume ($BTC ). This seemingly technical data could have profound implications for the market. Historically, when Binance dominates spot volume, the price of BTC tends to show a bullish bias in the following weeks.
Spot volume refers to direct purchases of Bitcoin, not derivatives or futures. This indicates that investors are accumulating $BTC with the intention of holding it, which reduces selling pressure and improves liquidity. In other words, there is more confidence in the asset, and less short-term speculation.
After a promising July, the cryptocurrency market enters August with a mix of optimism and caution. Bitcoin ( ), the leading cryptocurrency, has been fluctuating in a narrow range between $115,000 and $118,000 USD, creating an atmosphere of quiet accumulation. Although the attempt to surpass $120,000 in mid-July did not prosper, many analysts believe that this calm could be the prelude to a significant movement. According to Abbas Abdul Sater, head of sales at Capital.com, periods of low volatility like the current one often precede major breakouts. If BTC manages to strongly surpass the $120,000 threshold, the next technical target could be $140,000 or more. However, if it fails to maintain the current level, we could see a short-term pullback.