{"id":39946,"date":"2025-08-01T11:02:33","date_gmt":"2025-08-01T11:02:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39946"},"modified":"2025-08-01T11:02:33","modified_gmt":"2025-08-01T11:02:33","slug":"ethereum-eth-price-decline-recent-cardano-ada-predictions-and-more-bits-recap-august-1","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39946","title":{"rendered":"Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"222\">\n<p data-start=\"2\" data-end=\"222\">ETH slumped by 6% amid the broader market correction, but whale accumulation, a nine-year low in exchange balances, and steady ETF inflows hint at a possible rebound in the near term.<\/p>\n<\/li>\n<li data-start=\"224\" data-end=\"423\">\n<p data-start=\"226\" data-end=\"423\">ADA dropped even more, yet analysts remain bullish, with some predicting a surge beyond $4 if the asset clears key resistance at $0.92.<\/p>\n<\/li>\n<li data-start=\"425\" data-end=\"630\" data-is-last-node=\"\">\n<p data-start=\"427\" data-end=\"630\" data-is-last-node=\"\">BTC briefly dipped below $114,500, but an RSI near 30 suggests oversold conditions, while optimistic traders eye a breakout to $145K-$150K.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-406849\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Recap_CB-17-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>ETH Heads South<\/h2>\n<p><span data-preserver-spaces=\"true\">The past several hours have not been pleasant for the cryptocurrency market, which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/600m-in-longs-wiped-as-btc-crashes-to-3-week-low-on-trump-tariff-shock\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">has registered<\/span><\/a><span data-preserver-spaces=\"true\"> a significant pullback following the latest tariffs implemented by the Trump administration. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ethereum (ETH) is among the losers with its price dropping by 6% on a daily scale to around $3,600 (per CoinGecko\u2019s data). Historically, August has tended to be a bearish month for the asset, with gains recorded only in 2017, 2020, and 2021. It will be interesting to see if this year proves to be among the exceptions.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_406853\" aria-describedby=\"caption-attachment-406853\" style=\"width: 923px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-406853\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns.png\" alt=\"ETH Monthly Returns\" width=\"923\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns.png 1297w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns-300x130.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns-1024x444.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns-768x333.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Monthly-Returns-50x22.png 50w\" sizes=\"auto, (max-width: 923px) 100vw, 923px\"><\/a><figcaption id=\"caption-attachment-406853\" class=\"wp-caption-text\">ETH Monthly Returns, Source: CoinGlass<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">On the other hand, some key factors suggest that this might be only a temporary correction, followed by another rally. Whales have<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/220000-eth-in-48-hours-ethereum-price-rally-on-the-way\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\"> scooped up<\/span><\/a><span data-preserver-spaces=\"true\"> thousands of ETH in the past days, signaling strong confidence and reducing the amount of coins available on the open market.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, the number of tokens stored on crypto exchanges plummeted to a nine-year low of under 19 million. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> means that investors have shifted from centralized platforms toward self-custody methods, which reduces the immediate selling pressure.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_406848\" aria-describedby=\"caption-attachment-406848\" style=\"width: 803px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-406848\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve.png\" alt=\"ETH Exchange Reserve\" width=\"803\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve.png 1540w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve-300x149.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve-1024x510.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve-768x383.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve-1536x765.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-Exchange-Reserve-50x25.png 50w\" sizes=\"auto, (max-width: 803px) 100vw, 803px\"><\/a><figcaption id=\"caption-attachment-406848\" class=\"wp-caption-text\">ETH Exchange Reserve, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The flow of capital into spot ETH ETFs <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/sosovalue.com\/assets\/etf\/Total_Crypto_ETH_ETF_Fund_Flow?page=usETH\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">remains<\/span><\/a><span data-preserver-spaces=\"true\"> solid, while those interested in exploring more bullish factors and optimistic price predictions can refer to our article <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/1000000-eth-in-30-days-here-comes-the-next-explosion\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">here<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">ADA\u2019s Next Targets?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Cardano\u2019s native token has performed even worse than ETH in the past 24 hours, slipping by 8% to approximately $0.72 (its lowest point since mid-July).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite the downtrend, many analysts foresee a renewed uptrend knocking on the door. The popular X user, Ali Martinez, believes ADA\u2019s current price structure resembles that of the last bull cycle, which <\/span><span data-preserver-spaces=\"true\">was later followed<\/span><span data-preserver-spaces=\"true\"> by a massive rally.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Cardano <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ADA<\/a> is showing the same price structure as the last cycle, only this time, it\u2019s unfolding more gradually. And it feels like we\u2019re right at the beginning of an explosive move. <a href=\"https:\/\/t.co\/xbg3phaz6x\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/xbg3phaz6x<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1951199724054388873?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Hardy and Smith are also among the optimists. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/top-cardano-ada-price-predictions-as-of-late-6\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> ADA\u2019s bull run has yet to begin, while the latter argued that the valuation could skyrocket to a new all-time high above $4 once it surpasses the breakout target of $0.92.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What About BTC?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The primary cryptocurrency briefly dipped under $114,500 before recovering some of the losses. <\/span><span data-preserver-spaces=\"true\">As of this writing, it trades at around $115,000, representing a 3.2% <\/span><span data-preserver-spaces=\"true\">drop on a<\/span><span data-preserver-spaces=\"true\"> daily <\/span><span data-preserver-spaces=\"true\">basis<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Its negative performance coincides with the broader correction of the cryptocurrency market, as well as the actions of retail investors who appear to have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/retail-dumps-bitcoin-btc-whales-go-heavy-on-ethereum-eth\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">shifted<\/span><\/a><span data-preserver-spaces=\"true\"> into selling mode.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, many members of the crypto community believe BTC\u2019s bull run is far from being over. X user CRYPTOWZRD <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1951008770743738596\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">forecasted<\/span><\/a><span data-preserver-spaces=\"true\"> a pump to $145,000 if it breaks $120,000, whereas Grypto GEMs <a href=\"https:\/\/x.com\/cryptogems555\/status\/1951183029121974402\" data-wpel-link=\"external\" target=\"_blank\">set<\/a> a target of $150,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bitcoin\u2019s Relative Strength Index (RSI), which measures the latest speed and magnitude of price changes, supports the bullish thesis. Currently, the ratio is hovering around 30, meaning the asset is oversold and may be due for a resurgence. Conversely, anything above 70 could <\/span><span data-preserver-spaces=\"true\">be interpreted<\/span><span data-preserver-spaces=\"true\"> as a precursor of a pullback.<\/span><\/p>\n<figure id=\"attachment_406847\" aria-describedby=\"caption-attachment-406847\" style=\"width: 2348px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-406847\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI.png\" alt=\"BTC RSI\" width=\"2348\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI.png 1180w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-300x51.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1024x174.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-768x131.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-50x9.png 50w\" sizes=\"auto, (max-width: 2348px) 100vw, 2348px\"><\/a><figcaption id=\"caption-attachment-406847\" class=\"wp-caption-text\">BTC RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-price-decline-recent-cardano-ada-predictions-and-more-bits-recap-august-1\/\">Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR ETH slumped by 6% amid the broader market correction, but whale accumulation, a nine-year low in exchange balances, and steady ETF inflows hint at a possible rebound in the near term. ADA dropped even more, yet analysts remain bullish, with some predicting a surge beyond $4 if the asset clears key resistance at $0.92. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39946","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39946"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39946\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}