General Market Overview

Bitcoin (BTC): $BTC

We are witnessing strong positive momentum, supported by rising institutional demand and advanced price levels that led to a breakthrough above $118,000 and a rebound towards $121,964.

The data shows that major investors from the 'long-term holders' are beginning to realize profits but at a moderate pace, which may indicate the continuation of upward momentum.

Ethereum (ETH): $ETH

Remarkable performance over the past month (+41%), outperforming the market overall (+9%), while rising by 59.3% over 3 months.

In the session on August 12, ETH opened at around $4,312 and rose to nearly $4,480 before closing at around $4,473.

The technical advantage is clear, as it has surpassed important psychological levels and shows bullish signals in the short term.

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Recent Analyses and Forecasts

Standard Chartered Opinions:

They raised their price target for Ethereum to $7,500 by the end of 2025, and $25,000 by 2028, driven by the growth of the stablecoins sector and the expansion of Ethereum usage.

Fundstrat Opinions (via Tom Lee):

Ethereum is considered a long-term macro opportunity, expecting to reach $10,000 by the end of 2025.

Driving Factors:

The U.S. Congress passed the GENIUS Act to regulate stablecoins—this is the first comprehensive federal regulation for this sector, which enhances confidence and increases demand for ETH as a network currency.