Basic Points:
-
Bitcoin approached weekly closely with $ 114,000 dedicated to the late-week getting fizzle.
-
Ether remains the center of attention after the latest all time high, with whales that change BTC for ETH.
-
BTC price action is satisfied with a CME futures space upside down, providing a new short -term short -term target.
Bitcoin (Btc) Rotating a “key” price level weekly near the week as markets continue to fade earlier gains.
ETH price rally steals spotlight while Bitcoin has arranged
Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD transiently to $ 114,000.
The weekend saw a bit of volatility for the pair after a climbing Friday at the nearly $ 117,500 exterior of the outdoor news.
It has been a beauty Interest rate cuts will continue in September.
Crypto joins risk assets at a wide rally, with the largest Altcoin Ether (Eth) even making New all-time highs.
Due to the current market structure, commentators have remained focused on the ETH as a result.
“The $ eth tests a strong weekly near above $ 4,600. It will be a major confirmation that it’s not a bull trap,” famous businessman Bitbull said X followers of his latest review.
“If the ETH manages a weekly close to the top of $ 4.6K, it will mark the highest weekly close. Also, it will set the stage for the next leg up to $ 5,200- $ 5,500 next week.”
Data from Crypto Intelligence Firm Arkham, X Analytics Account lookonchain has noted that many transactions involving long BTC have been replaced for ETH.
Bitcoin OG has moved another 6,000 $ Btc($ 689.5m) to buy $ Eth.
So far, he bought 278,490 $ Eth($ 1.28B) at an average price of $ 4,585, and still holds a 135,265 $ Eth($ 581m) long position.https://t.co/vto2lqoilc pic.twitter.com/47puhvqgeb
– lookonchain (@lookonchain) August 24, 2025
Bitbull described Whale appetite for the ether as “aggressive.”
“Despite the ETH rally of 300%+ in 4 months, whales do not slow down,” part of another X post ended.
“The rally doesn’t seem to have finished.”
Ether, bitcoin tackle new rotation of CME gaps
Everywhere, the popular businessman and analyst Capital rect has noted that the ETH/USD is filled with an open gap in the CME Group’s Ether Futures market.
Related: Bitcoin won’t go below $ 100k ‘this cycle’ as $ 145k target remains: analyst
Ethereum successfully filled the weekly CME (green) space and upside down#Eth #Crypto #Ethereum https://t.co/vukczhppbi pic.twitter.com/qnanwgbbrw
– Rect Capital (@rectcapital) August 22, 2025
On the radar for Bitcoin, meanwhile, is the gap resulting from the weekend price action.
“$ BTC slow weekend generally expects after a massive Friday rally across the board. If the BTC will open like this tomorrow, we will have a relative Summary.
“You’ve probably seen the track record that these gaps went to where we closed most of them on Monday or not even open a space in the first place.”
Last week, capital reaches Called $ 114,000 Mark “Key” for bitcoin as a weekly close level.
As the Cointelegraph reported, some market views see a Correction of Hitting Ether In September, based on historical patterns.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
