On August 9th, Ethereum (ETH) did something that he hadn’t done since December last year. It violates the $4,000 mark and is stable above $4,100. But does this case exist because it is the best cipher to buy now?
It rose 6.38% throughout the day, reaching $4,332 at one point, then down to $4,208, and is currently trading
Additionally, some crypto analysts now expect ETH to return to its all-time high of $4,878 in November 2021, making it the perfect cipher to buy now with the Crypto Trader Ted share, which shares the imminent breakout on X.
I told you the $eth breakout was coming.
And it happened as expected.
Ethereum was destroyed through its resistance and is now heading higher.
I feel that the new Ass is just a matter of a few days now. pic.twitter.com/xcxetop0ku
– Ted (@tedpillows) August 9, 2025
In addition to this, Coinglass data reveals that a short aperture could be on the horizon as the transition to the $4,500 mark is at risk nearly $1.35 billion.
The momentum of ETH’s institutional purchases has grown over the past few weeks, with Arkham looking at X-Post.
Additionally, last week’s Farside data highlights the ETH influx covering BTC, with US spot-based ETH ETTS boasting a $326.6 million influx compared to BTC’s $253.2 million.
This was an important event shift for Ether founder Vitalik Buterin. After a long stretch from the spotlight, he’s once again returned as on-chain billionaire, the title he first won at the age of 27 in May 2021!
Explore: Best Meme Coins to Invest in August 2025 ICOS
Is BTC the best code to buy now despite the momentum of ETH?
Bitcoin closed at $115.95K on August 9, 2025 and returned above the 180K mark with a 0.48% slip after 0.83% on Friday. Due to BTC credits, they avoided falling below the $150,000 support level.
As seen over the past few days, the BTC ETF influx has been driven behind ETH, prompting a rotation into ETH despite BTC’s bullish technology.
Technical indicators for BTC/USD show that the Crypto King is still looking bullish and sailing through EMA for 50 and 200 days. If BTC can once again break the $120,000 threshold, it would be an opportunity to attack the $122,000 level it reached on July 14th of this year.
Update – BTC found support
I think the last pump coming is very fast to suck people
So, 120K lowers the number of k and then the final pump https://t.co/veiaxia76o pic.twitter.com/0qznpzybd
–
AX Price (@max1milianprice) August 10, 2025
The sustained momentum beyond the $122,000 mark could be carried over to $130,000.
There are several important factors that will affect the future bullish outlook for BTC. This includes economic data that will soon be released, including Clarity Act progress, US CPI reports, retail sales and unemployment claims.
Exploration: Top Solanamime Coins to buy in August 2025
Snort Presale explodes over $3 million as Telegram Bot Eyes multi-chain domination
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In the world of Altcoin, things are moving like crazy as ETH has now come to the best test of all time. Once all eyes gather on the altcoin, investors are looking for the next breakout opportunity.
Among many, Snorter Bot (Snort) stands out as a rising competitor for the microcap, gaining traction as Q3 unfolds among the hype generated for the Yephoric Q4.
It’s a fresh, crazy six-figure daily influx from the cool $3 million ICO milestone. But what exactly is that?
Well, Snort is a new telegram-based trading bot built for Solana, boasting ultra-low rates and Lightning-Fast execution. Furthermore, unlike the Solana-only Bonkbot and Trojan, the Snorter Bot has been multi-chain-enabled since its launch and plans to expand to Ethereum, BNB Smart Chain, Base and more.
Its trading fees are competitive at 0.85%, weakening rivals like Maestro, Banana Gun and Bonkbot.
Also for those looking to earn passively, Snort offers staking at a generous 149% APY during its pre-sale stage.
Please see this Snort
Is altcoin season already here? Analyst DarkFost thinks it isn’t
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Altcoins have recently won big profits in ETH and XRP, but analyst DarkFost has insisted that the true Altcoin season hasn’t started yet.
He suggests that altcoins still perform less than Bitcoin.
AltSeason hasn’t actually started yet.
Looking at this chart comparing BTC, large caps (top 20), and medium/small caps, we currently see the weakest Altcoin performance of this cycle.
The strongest movement, it was much more similar "truth" Altseason happened in early 2024…pic.twitter.com/ps3afrwztj
– DarkFost (@darkfost_coc) August 8, 2025
Using moving average comparisons, DarkFost shows that Bitcoin’s market capitalization growth outweighs both the large cap and the mid-cap Altcoins.
He said the last true altcoin season in which altcoins surpassed BTC will be early 2024.
According to DarkFost, the current Altcoin momentum is still weak, so the capital turnover from Bitcoin to Altcoins has not yet been fully embodied, and this is just a warm-up phase.
(Price Shelt)
Altcoin’s market capitalization is above $1.55 trillion, a 12% increase over the past week, but it still continues behind BTC’s control.
Exploration: 10+ Cryptographic Tokens that can hit 1000X in 2025
Top Crypto Performers of the Week
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Crypto Market temporarily surpassed its second time this week in two weeks.
ETH is clearly the winner of the week, closing at around $4,215 with over 21%, poised to retest the all-time high of $4,878. At the same time, the enthusiastic people will see Altcoin reaching $10,000 by the end of the year.
While immersed in ETH’s glory and return to its form, don’t forget that ChainLink led profits among its first 20 digital assets, surged 36.6% in a week.
It climbed to a high of $21.22 before eased to just $21.14 on August 7th, marking a break on the $20 mark for the first time since February this year.
(Link price chart)
Other outstanding performers of the week include Dogecoin (Doge). This jumped over 24%, while Stellar (XLM) rose 20.4%. It rose 17.3% following the hype.
But more dramatic movements came from lesser known tokens such as Myx. This was a surge in a staggering 1,439%, with trolls at trolls and quickly lagging behind at 273.2% and 159%.
Explore: Top 20 Cryptography to Buy in August 2025
Post-BTC is stable at over $17,000, with ETH above 4.2K and we expect the new ATH: Best Crypto, which first appeared in 99 Bitcoin.
