{"id":43962,"date":"2025-08-25T14:46:55","date_gmt":"2025-08-25T14:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43962"},"modified":"2025-08-25T14:46:55","modified_gmt":"2025-08-25T14:46:55","slug":"btc-usd-feels-the-pressure-as-big-players-shift-to-ethereum-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43962","title":{"rendered":"BTC USD Feels the Pressure as Big Players Shift to Ethereum: What\u2019s Next?"},"content":{"rendered":"
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After months of underperforming compared to BTC USD, Ethereum crypto is now in focus. Not only has it been resilient, absorbing selling pressure, but after the disappointment in H1 2025, the coin is on the cusp of breaking 2021 highs. At spot rates, ETH USD is trading above $4,500 after surging to over $4,900 over the weekend. Although prices were rejected and fell to current levels, the uptrend remains.<\/span><\/p>\n

From the daily chart, BTC USD has found key support around the $110,000 level. Notably, the drop seen in the past few hours today is a continuation of the sell-off posted on August 24, when bears completely reversed the gains of August 22. Technically, as long as BTC USD is capped below $118,000, bears are in control, and they may pierce through $110,000 in a bear trend continuation, confirming losses from August 14.<\/span><\/p>\n

\"BTC<\/p>\n

(Source: <\/span>TradingView<\/span><\/a>)<\/span><\/p>\n

Meanwhile, ETH USD bulls are optimistic. Based on <\/span>Coingecko data<\/span><\/a>, Ethereum crypto is up 22% in the past month and an impressive 67% in the last year of trading. Despite the shakeout in Bitcoin over the weekend, ETHUSDT is up nearly 8% in the last week of trading. <\/span><\/p>\n

Technically, the gains of August 22 define the short-term price action. Buyers have the upper hand as long as prices trend above $4,200, the low of August 22. Once $4,900 breaks, ETH USD will enter new territory, possibly setting a solid foundation for a leg up to $10,000.<\/span><\/p>\n

DISCOVER: <\/span>The 12+ Hottest Crypto Presales to Buy Right Now<\/span><\/a><\/strong><\/p>\n

Bitcoin Bulls Dominate as Liquidity Dries Up<\/span><\/h2>\n

While confidence is high among Ethereum holders, traders should be cautious, considering <\/span>Bitcoin\u2019s high market dominance<\/span><\/a>. As of August 25, Bitcoin controls 56% of the total crypto market, while ETH crypto has risen to 14%. This high market dominance means that if Bitcoin drops below critical support levels, such as $110,000, the odds of BTC USD dragging other altcoins, including some of the <\/span>top Solana meme coins<\/span><\/a>, are high.<\/span><\/p>\n

The odds are stacking up against Bitcoin. According to Glassnode, as of August 25, all Bitcoin cohorts, from small retail holders to whales, are in distribution mode, selling or preparing to sell. Analysts note that those holding between 10 and 100 BTC are leading the charge.<\/span><\/p>\n

\"BTC<\/p>\n

(Source: Glassnode via X<\/a>)<\/p>\n

Multiple factors, including profit-taking after the recent surge to new all-time highs, could drive this broad sell-off. Macroeconomic uncertainties, such as softening labor markets and rising inflation, are also considerations. Though the Federal Reserve might consider slashing rates in September, BTC USD could face immense selling pressure from holders in the short term.<\/span><\/p>\n

As holders sell, onchain data shows that Bitcoin liquidity is also falling. The Spent Volume metric, which measures the total value of BTC transacted daily, is shrinking, averaging 529,000 BTC in the last week. This drop suggests that downside momentum may wane, though analysts advise traders to proceed cautiously.<\/span><\/p>\n

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GM!<\/p>\n

Spent Volume (BTC)- the total volume of coins spent per day. This metric reflects liquidity flow, though it remains sensitive to internal transfers by exchanges and services. This week, its average value dropped to a minimum of 529K BTC per day. <\/p>\n

This indicates that the\u2026 pic.twitter.com\/h390vBjFCj<\/a><\/p>\n

\u2014 Axel \"\ud83d\udc8e\"\"\ud83d\ude4c\" Adler Jr (@AxelAdlerJr) August 23, 2025<\/a><\/p>\n<\/blockquote>\n