🚨 $ETH SMASHES ALL-TIME HIGH Jerome Powell speaks, | Frhn Trader on Binance Square

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🚨 $ETH SMASHES ALL-TIME HIGH 
Jerome Powell speaks, markets move - and $ETH explodes. $245M in shorts nuked, $5B in options expiry fuelled the pump.
$ETH isn’t just pumping… it’s challenging Bitcoin’s dominance. Altseason? It’s knocking. 👀
#Ethereum  #ETH  #WiseCrypto  #AltcoinSeason  #Bitcoin❗  
ETH
3,252.3
+1.64%

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Bitcoin ($BTC ) is experiencing volatility, with its price around $111,570, down 3.31% over the past week. Hong Kong-based Boyaa Interactive bought 290 BTC for $33 million, signaling institutional interest. Market sentiment is mixed, with a Fear & Greed Index at 47 (neutral). Technical indicators suggest a bearish short-term trend but a bullish longer-term outlook, with predictions for BTC to reach $126,020 by September 2025. #MarketPullback

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Bitcoin News Update: August 24, 2025 Bitcoin Price Movement: As of today, Bitcoin ($BTC ) is trading around $115,100, showing a modest recovery after dipping toward the $112,000 support zone earlier this week. The price broke out of a descending channel on the 4-hour chart but faces resistance near $116,000, aligning with the 38.2% Fibonacci retracement level. Technical indicators suggest a neutral to slightly bearish market sentiment, with the Relative Strength Index (RSI) at 42.14 and the Money Flow Index (MFI) at 57, indicating balanced liquidity. Net outflows of $108.82 million from exchanges on August 23 point to short-term profit-taking by traders. Market Sentiment and Predictions: Analysts forecast Bitcoin’s price to fluctuate between $113,724 and $119,441 in August 2025, with a potential peak of $131,705 by September. The Fear & Greed Index stands at 50 (Neutral), reflecting mixed sentiment. While the daily chart shows bullish signals with a rising 50-day moving average, the 4-hour chart indicates a bearish tilt due to a falling 200-day moving average since August 19. Traders are debating whether the recent bounce signals a broader reversal or a temporary rally. Broader Market Context: The crypto market remains volatile amid macroeconomic concerns, including uncertainty over a potential Federal Reserve rate cut in September. Bitcoin’s recent pullback from a high of $124,496 last week was accompanied by over $500 million in long liquidations, driven by profit-taking and macro-driven sell-offs. Despite this, support from Bitcoin ETFs and institutional adoption continues to bolster confidence, with $547 million in net inflows to $BTC ETFs last week. #BTC #CryptoRally

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$BTC at ~$116K, up 2.41% in 24h after Powell's dovish Jackson Hole remarks sparked $300M in futures. Bulls defend $115K support, eyeing $120K resistance. 📈 #Bitcoin #CryptoMarket

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Bitcoin Update, August 22, 2025 $BTC is trading at $113,000, recovering from an overnight dip to $112,000. Market sentiment hinges on Fed Chair Powell’s upcoming Jackson Hole speech for hints on interest rate cuts. Trading volume remains moderate, with resistance near $115,000. #BTC #bullish

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