BTC Bulls helped a quick recovery on August 7, 2025, recovering 117K levels after a brief dward stent under the Bollinger Band Sport, a textbook “Head Fake” to analysts is calling the feelings of prank again as the best crypto as the best crypto.
Now that the Bulish seniors have ruled, the traders have looked at the 119K mark as the next major resistance area. In addition, according to BTC Heatmap data, liquidity cluster between $ 117.5K and 118k suggests that a potential piece may be high as traders continue to reduce less positives.
In addition, the daily CME Future Gap is filled, which establishes a new support near $ 114K. In the background, there is a deviation between the spot price action and ETF flow. Bollinger has marked the setup as a magnificent trap for the overwhelming bear.
For the hemorrhage data of coinglass, BTC is facing increasing resistance on flip, negative dialects are accumulating around 114K, a level reinforced from the completion of cme futus GAP.
(Coinglass Heatmap Data)
This lead has history.
$ BTC The liquidity map shows the major tall cluster at ~ 116000 (left) and short clusters at ~ 118000 (right). These values act as magnets, potential voltality drivers. Config: Optical_opti pic.twitter.com/ijdczuolzg
– TheKingfisher (@Kingfisher_BTC) August 9, 2025
Analysts suggest that if the BTC may extend the 119K mark, both psychological and technically become a big target.
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Ethereum eyes $ 4500! Is it the best crypto to buy now?
In the last 24 hours, Eth witnessed $ 229.49 million in futures liquidation, with a craving of covingles $ 22.24 million and performed $ 207.25 million from shorts. Ath closed support near $ 3,470 last week and has increased by 15% since the first recurs of $ 4000 mark since 2024.
As a moment, Eth is facing resistance at the level of $ 4100, the historic sales marked by the president and marked by a descending trendline that goes back to its November 2021 all-time height.
A breakout above the count of a $ 4100 mark and the result in another bullish run and a major resistance field that is a major resistance field that is a major resistance field, a major resistance field that is all time, $ 4,868.
Meanwhile, it must define your $ 3470 support to preserve the speed of this speed. This level triggers a decline towards a weekly $ 3220 under this level follicle, and if it fails, the $ 3000 psychological support area may come into the game.
RSI indicators such as Momentum Indicators, are red glowing as overbott area, which has been overbott by Stocchist Osilator since June. While the indications currently indicate a speeding speed, the possibility of a short -term coldness should not be rejected.
$ Eth: Looks really good here, it reached the highest price since December 2021. The support can be tested again as 5K and then again. https://t.co/kdv98ayjvm pic.twitter.com/1qdpl7yaid
– Christian OTT (@Chrisott) August 9, 2025
On a bright note, Eth has been given more than 180% severely severe $ 180% of $ 180% in April and has questioned more than 60% in the previous month. A strong procurement protection from corporate institutions moving towards Ath Treasury has promoted this recent performance.
In addition, it was a boost to a regulator from securities (securities and exchange commissions) on 5 August 2025, when the regulatory body clarified that liquid stacking of crypto assets does not cause a securitous law.
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The Post (Live) BtC breaks above 117k, the eyes 119k next, breaks a mark of $ 4000: the best crypto to buy now appeared for the first time on 99bitcoins.
