Market Daily Report for August 11, 2025

I. Market Overview

Bitcoin and Ethereum prices continue to rise, approaching historical highs. Bitcoin increased by 3.33% in 24 hours, breaking through $122,000; Ethereum rose to $4,350, reaching a new high since December 2021, with a 78% increase in July. The total market capitalization of cryptocurrencies has once again surpassed $4 trillion.

2. Ethereum Market Analysis

(1) Factors Driving the Increase

1. Macroeconomic Policy: The U.S. Senate advances a bipartisan stablecoin legislative framework, and the Trump administration's support for the crypto industry has created a favorable policy environment.
2. Capital inflow: sbet launches the Ethereum treasury strategy, similar to MicroStrategy's approach that led institutions to buy Bitcoin, prompting other institutions to follow suit, resulting in a large inflow of capital into the Ethereum market.
3. Technological Breakthrough: Breaking through the 8-week consolidation range, with large trading volume and significant weekly closing price, entering a historically sparse price area, reducing upward resistance.

(2) Analysis of Selling Pressure and Support

After Ethereum broke through $4300, the entire network achieved a profit of 1 billion USD, with increased selling pressure and intensified long-short battles. The main selling pressure comes from the 2500 - 2800 USD accumulation zone. The 3800 - 3900 USD range has been tested multiple times, and the breakthrough indicates that the consortium has accumulated sufficient chips. The 4100 position will be tested repeatedly in the future; although there may be pullbacks, it will be difficult to break the 4000 position without significant negative news, and overall support will gradually strengthen.

3. Analysis of Altcoin Market

Bitcoin and Ethereum are approaching historical highs, but most altcoins are still at the bottom, with holders not swapping and remaining in a loss state. The reason is that investors' thinking is still stuck in the four-year bull-bear cycle, believing that altcoins will follow Bitcoin's new highs, without realizing that the market logic has changed. Currently, Bitcoin is being bought heavily by traditional institutions (about 12%), becoming more like the U.S. stock market and controlled by consortiums; the proportion of Ethereum purchased by institutions is only 4 - 5%, leaving significant room for growth, expected to increase to 10% in the second half of the year. Previously, altcoins had no consortium support and lacked liquidity, but starting from the second half of this year, consortiums are beginning to get involved, which is a strong signal for the market.

4. Key points to pay attention to in this week's market trends

1. Economic Data: On Tuesday, the U.S. July CPI data will be released. If it rebounds beyond expectations, it may trigger a reversal in market sentiment, leading to a price correction.
2. Trade Negotiations: Tuesday marks the deadline for the U.S.-China trade truce, and the outcome of the negotiations has a significant impact on market sentiment.
3. Political Meeting: Trump will meet with Putin on Friday, and the outcome may affect market risk appetite and cryptocurrency price trends. Unless there are significant surprises, the market may continue its upward trend.