On August 9, Ethereum (ETH) did what it hadn\u2019t done since last December: it breached the $4,000 mark and has held steady above $ 4,100. However, does the case present for it to be the best crypto to buy now?<\/p>\n
It climbed 6.38% throughout the day and at one point reached $4332, before sliding down to $4208, where it is currently trading<\/p>\n
What\u2019s more, some crypto analysts are now anticipating ETH to climb back to its November 2021 all-time high of $4,878, making it the best crypto to buy now, with crypto trader Ted sharing on X that a breakout is imminent.<\/p>\n
I told you that the $ETH<\/a> breakout is coming.<\/p>\n And it happened exactly as predicted.<\/p>\n Ethereum has smashed through its resistance and is now heading higher.<\/p>\n It feels like a new ATH is just a matter of days now. pic.twitter.com\/XCxetoP0Ku<\/a><\/p>\n \u2014 Ted (@TedPillows) August 9, 2025<\/a><\/p>\n\n Further to this, CoinGlass\u2019s data <\/a>reveals that a short squeeze might be up on the horizon since a move to the $4,500 mark will end up putting almost $1.35 billion in short positions at risk.<\/p>\n The momentum of institutional purchase of the ETH has only grown over the last couple of weeks, with Arkham noting <\/a>on an X post,\u201d ETFs yesterday had total flows of $461M for ETH but only $404M for BTC.\u201d<\/p>\n Moreover, Farside\u2019s data <\/a>over the last week highlights ETH inflows overshadowing BTC, with US spot-based ETH EFTs boasting $326.6 million in inflows compared to BTC\u2019s $253.2 million<\/p>\n This has been a momentous turn of events for Ether\u2019s founder, Vitalik Buterin, too. After a long stretch out of the spotlight, he\u2019s back, once again as an on-chain billionaire, a title he first earned at age 27 in May 2021!<\/p>\n Explore<\/strong>:\u00a0Best Meme Coin ICOs to Invest in August 2025<\/a><\/p>\n Bitcoin has climbed back above the 180k mark after closing at $115.95k on 9 August 2025, a slip of 0.48% after Friday\u2019s 0.83%. To BTC\u2019s credit, it avoided breaking below the $150k support level.<\/p>\n As seen over the last couple of days, BTC\u2019s ETF inflow trailed behind ETH, prompting a rotation to ETH despite BTC\u2019s bullish technicals.<\/p>\n Technical indicators for the BTC\/USD indicate that the crypto king is still looking bullish, sailing above the 50-day and 200-day EMAs. If the BTC manages to break the $120k threshold again, it stands the chance to attack the $122k level that it achieved on July 14 of this year.<\/p>\n update \u2013 btc has found support <\/p>\n I suspect the last pump which does come is quite fast to suck people in <\/p>\n so maybe 120k then drop back down a couple of k then final pump https:\/\/t.co\/vEiaXiA76O<\/a> pic.twitter.com\/0qqzNPzYbd<\/a><\/p>\n \u2014 ax Price (@Max1milianPrice) August 10, 2025<\/a><\/p>\n\n A sustained momentum above the $122k mark could carry forward to to $130k mark.<\/p>\n\n There are a couple of key factors that affect BTC\u2019s future bullish outlook, including the CLARITY Act\u2019s progress, the soon-to-be-made-public economic data, including the US CPI Report, Retail sales and Jobless claims.<\/p>\n Explore<\/strong>:\u00a0Top Solana Meme Coins to Buy in August 2025<\/a><\/p>\n There are no live updates available yet. Please check back soon!<\/p>\n<\/div>\n<\/div>\n<\/div>\n The post [LIVE] BTC Holds Steady Above $17K, ETH Tops $4.2K, Anticipates New ATH: Best Crypto To Buy<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" On August 9, Ethereum (ETH) did what it hadn\u2019t done since last December: it breached the $4,000 mark and has held steady above $ 4,100. However, does the case present for it to be the best crypto to buy now? It climbed 6.38% throughout the day and at one point reached $4332, before sliding down […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87227","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87227"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87227"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87227\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Is BTC The Best Crypto To Buy Now Despite ETH Momentum?<\/h2>\n