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08-12

๐Ÿ“ˆ Bitcoin Blasts Past $121K, Ethereum Hits $4,315 ๐Ÿš€ โ€” $150K Next?

Crypto is on fire again. Bitcoin (BTC) surged +2% intraday to $121,000, marking its highest level since December 2021. Ethereum (ETH) joined the party, rallying to $4,315, also a post-2021 high.

Altcoin sentiment is turning risk-on, with capital flowing into majors first โ€” a pattern that often precedes wider market breakouts. The big question now: Is this just another step in the bull runโ€ฆ or are we about to hit the ceiling before $150K BTC?

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๐Ÿ“Š Market Snapshot โ€” Crypto & Stocks Riding the Wave

This rally isnโ€™t staying in the crypto charts โ€” itโ€™s spilling into equities:

MSTR (MicroStrategy): +7.2%

COIN (Coinbase): +4.5%

GBTC: +3.9%

BMNR: +24.59% ๐Ÿš€

BTCS: +11.11%

Risk appetite is clearly back โ€” traders are positioning for higher highs.

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๐Ÿ” How This Compares to 2021โ€™s Peak

The last time BTC and ETH were here, the macro backdrop was very different:

2021: Near-zero interest rates, QE in full swing, retail frenzy post-COVID.

2025: Rates are still elevated, inflation cooling but sticky, and institutional adoption is driving flows more than meme hype.

Another big difference: on-chain data shows stronger HODL conviction now. Dormant wallets are holding tight, and ETF inflows are providing a steady bid floor that wasnโ€™t there in the last cycle.

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๐Ÿ’ก Catalysts Driving the Surge

Hereโ€™s whatโ€™s fueling this leg higher:

ETF Inflows: Spot BTC and ETH ETFs are attracting consistent capital from wealth managers and pensions.

Macro Tailwinds: USD weakness and softer economic data are boosting risk assets.

Institutional Adoption: BlackRock, Fidelity, and other giants are deepening crypto integration.

On-Chain Strength: Exchange balances for BTC are at multi-year lows โ€” supply squeeze in action.

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๐Ÿ“ˆ Technical Picture โ€” Where Could We Go Next?

For BTC:

Support: $116K (previous breakout zone)

Resistance: $125K, then $130K โ€” a clean break could open the path to $150K.

Momentum: RSI approaching 75 (overbought but strong).

For ETH:

Support: $4,050

Resistance: $4,500, then $4,800.

Pattern: ETH is riding the 20-day EMA like a pro โ€” a sign of sustained trend strength.

Volume is confirming the breakout โ€” this isnโ€™t a thin, illiquid spike.

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โš ๏ธ Risks to Watch

Even in bull runs, there are potholes:

Regulatory Curveballs: US or EU policy shifts could shake sentiment.

Macro Shocks: A hotter-than-expected inflation print could send yields higher and pressure risk assets.

Overheated Sentiment: Funding rates on perpetual futures are climbing โ€” too much leverage could trigger a washout.

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๐Ÿš€ Scenarios โ€” $150K BTC & $5K ETH?

Bullish path:

BTC clears $130K with conviction, ETF inflows stay hot, and macro remains supportive โ€” $150K could hit before year-end.

ETH follows with a breakout above $4,800, potentially testing $5K+ on DeFi/Layer 2 hype.

Bearish path:

Profit-taking at $125K/$4,500 caps momentum.

Macro or policy shocks trigger a swift 15โ€“20% correction โ€” shaking out leveraged longs before another leg up.

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๐Ÿง  Investor Takeaway

The difference in 2025โ€™s rally is the depth of institutional capital and the maturity of crypto infrastructure. But that doesnโ€™t mean price discovery will be smooth โ€” expect violent pullbacks even in a bullish trend.

Long-term holders: Still a buy-the-dip market as long as ETF inflows remain solid.

Short-term traders: Watch $125K BTC and $4,500 ETH for potential resistance plays.

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๐Ÿ’ฌ Your Turn

BTC at $121K and ETH at $4,315 โ€” are we on track for $150K BTC and $5K ETH this cycle, or is this rally running too hot?

Drop your call below โฌ‡๏ธ โ€” are you buying the breakout, waiting for a dip, or taking profits here?

@TigerWire  @TigerEvents  @Daily_Discussion  @Tiger_comments  @TigerStars  

What Should You Watch When Investing in Crypto Stocks?
Recently, the hype around crypto-related stocks has cooled, but some believe that the crypto bull market is not yet over during Trumpโ€™s term. However, the performance of crypto stocks has diverged significantly. With BMNRโ€™s lock-up shares set to be released on 9/2, should investors exit early? What key points should be considered when selecting crypto stocks?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Astrid Stephen
    08-12
    Astrid Stephen
    2021 vs 2025: HODLers + ETFs = stronger floor. $150Kโ€™s possible, not guaranteed.
  • Athena Spenser
    08-12
    Athena Spenser
    Overbought? Sure. But this rallyโ€™s got legsโ€”donโ€™t short the institutional wave yet.
  • Myfuture
    08-12
    Myfuture
    buying the breakout would be goos
  • LisaEffie
    08-12
    LisaEffie
    Buy the dip
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