Bitcoin (BTC) faced significant selling pressure on August 25, with large whale transactions contributing to the decline. A whale entity deposited 22,769 BTC ($2.59 billion) on Hyperliquid and subsequently purchased a large amount of ETH, indicating a shift in investor capital from BTC to ETH [1]. This contrasts with Michael Saylor’s MicroStrategy, which added 3,081 BTC to its holdings, bringing the total to 632,457 BTC [2]. Bitcoin bulls are currently defending the $110,530 support level, but the bears remain aggressive, with a potential drop to $105,000 if this support fails [3].
Ether (ETH) showed resilience despite a pullback from its all-time high of $4,956. The price retreated to the 20-day EMA at $4,349, and a strong rebound from this level could push the price back above $5,000. Conversely, a break below the 20-day EMA could see the price fall to $4,060 [4]. Meanwhile, BNB (BNB) reached a new all-time high, breaking above $900 after a pullback to $861. A retest of this level could signal further upward momentum toward $1,000 [5].
XRP formed a descending triangle pattern, and a break below $2.73 could push the price to $2.33. A rejection above the downtrend line could see the price rise to $3.66. Solana (SOL) remains stalled at $210, with the potential to break out to $265 if bulls take control. However, a break below the uptrend line could see the price fall to $155 [6].
Dogecoin (DOGE) rebounded from $0.21 but failed to maintain gains above $0.26. A sustained break above this level could push the price to $0.35, while a drop below $0.21 could lead to a decline to $0.16. Cardano (ADA) remains in a consolidation phase near the 20-day EMA at $0.86, with a break above $1.02 needed to resume its uptrend. A drop below the 20-day EMA could lead to a correction toward $0.70 [7].
Chainlink (LINK) is under bearish pressure near $27, with a target of the 20-day EMA at $23.37. A strong rebound from this level could see the price test $31, while a break below the EMA could push the price to $20.84.
The S&P 500 Index (SPX) showed a sharp rebound above the 20-day EMA at 6,392, signaling strength on pullbacks. A move above 6,581 could see the index rally to 6,696, although a negative RSI divergence suggests weakening bullish momentum. A drop back below the 20-day EMA could trigger a decline to 6,147 [8].
The US Dollar Index (DXY) rose above key moving averages but faces selling pressure. A drop below 97.50 could see the index fall to 96.37, while a rebound above 99 could push it toward 100.50 and potentially 102 [9].
Overall, the crypto market remains mixed, with ETH and BNB showing relative strength amid broader BTC outflows. Investors are closely watching key support and resistance levels across major assets for signs of trend continuation or reversal.
Source: [1]Price predictions 8/25: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK (https://cointelegraph.com/news/price-predictions-8-25-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-link)
