BTC experienced significant volatility after setting a new all-time high. The price quickly reversed, signalling a possible bull trap, leading everyone to question, what is the best crypto to buy now? In all likelihood, BTC is set to experience sideways consolidation for a while within the $116 to $124k range.<\/p>\n
Bulls pushed BTC to a new peak of $124.4k, but heavy selling pressure ensued and trapped late entrants. It is now back in the 118k range. Maintaining this level is important for the bull cycle to remain in effect. A rebound from the 118k level is a sure sign that the bullish trend will continue.<\/p>\n
On the four-hour chart, BTC\u2019s recent moves reflect a classic liquidity sweep. It broke through its previous all-time high, triggering breakout buys and stop-losses, only to reverse sharply.<\/p>\n\n
(BTCUSD<\/a>)<\/p>\n It then followed up by sharply declining below the previous swing low.<\/p>\n Currently, BTC is trading between the range of 116k to 124k. Without a convincing breakout, analysts are expecting the price action to remain volatile.<\/p>\n Do you see the current $BTC<\/a> chart structure after the fourth halving? It\u2019s moving in a steady straight line, unlike the parabolic curve structures of the past. This is BlackRock and other institutions, with their algorithms, controlling the price. Instead of the parabolic moves\u2026 https:\/\/t.co\/OJSa5xjFJb<\/a> pic.twitter.com\/CRPLFCfqLw<\/a><\/p>\n \u2014 RG8 (@RG8XBT) August 17, 2025<\/a><\/p>\n\n In the meantime, traders have zeroed in on liquidity pockets on both ends of the range.<\/p>\n EXPLORE<\/strong>:\u00a09+ Best High-Risk, High-Reward Crypto to Buy in August 2025<\/a><\/p>\n Binance\u2019s seven-day mean inflow is spiking as we speak and has reached one of its highest levels seen in recent times.<\/p>\n This metric tracks the average number of BTCs entering the exchange and has historically coincided with preparation for selling, margin collateralization or institutional rebalancing.<\/p>\n The spike indicates a steady influx of BTCs into Binance\u2019s trading accounts from external wallets. Historically, spikes like this, when not met by enough spot demand, have resulted in short-term selling pressure.<\/p>\n\n Additionally, Binance\u2019s netflow has turned positive, indicating inflows outpacing outflows.<\/p>\n Without buyers absorbing the BTC, the imbalance could result in near-term volatility.<\/p>\n EXPLORE<\/strong>:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/p>\n BlackRock has acquired more than $12B worth of ETH in just 30 days, surpassing its BTC purchases by more than 15X in the same period, signalling a strong institutional pivot to the altcoin king.<\/p>\n\n BlackRock ETH Holdings<\/a><\/p>\n BlackRock-controlled and managed iShares Ethereum Trust ETF<\/a> (ETHA), launched in 2024, has already gathered $15B in assets, highlighting its commitment to ETH\u2019s long-term value.<\/p>\n Due to its proof-of-stake model and EIP-1559 burn mechanism that permanently removes ETH from circulation, its net issuance has dropped to an all-time low in 2025.<\/p>\n Based on the trend on the 1-hour chart, ETH has exited the downtrend zone. Given that it’s the weekend, there are two possible scenarios: \u2014 Nice Day Bray (@niceday0901) August 17, 2025<\/a><\/p>\n\n Now that BlackRock is on an ETH buying spree, supply is surely going to tighten further, reducing liquidity and sparking price volatility.<\/p>\n Analysts predict that ETH could reach $5000 to $7000 in 2025, driven by institutional demand and clogged-up supply.<\/p>\n EXPLORE<\/strong>:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/p>\nWhat Does The On-Chain Data Show?<\/h2>\n
$12B BlackRock Bet Rattles ETH Supply, Still The Best Crypto To Buy Now?<\/h2>\n
1. The price will begin to reverse direction & start uptrend
2. The price will move sideways, waiting for confirmation of the next trend pic.twitter.com\/HoJ5C2RVFR<\/a><\/p>\n