Bitcoin Magazine CEO: There Will Be No More Bitcoin Bear Markets in the Coming Years

On August 25th, based on HTX market data, Ethereum surpassed $4900 and reached a new all-time high with a 24-hour percentage change of 3.27%.

On August 25th, based on on-chain data, a two-bitcoin ancient whale has staked all the ETH it obtained from selling BTC in the past four days to increase its holdings. The total stake is 275,500 ETH, which is worth $1.3 billion.

On August 25th, Mike Novogratz, the founder and CEO of Galaxy Digital, responded to Ryan Watkins, the co-founder of Syncracy Capital. Watkins tweeted about "the BTC spot trading volume of the Hyperliquid platform in the past 24 hours exceeding the sum of Coinbase and Bybit." Novogratz said, "Impressive work. For full disclosure, we hold a long position in the HYPE token."

On August 25th, as per Cointelegraph, analyst BitBull stated, "ETH is trying to achieve a weekly close above $4,600. If it succeeds, this will be an important confirmation that this is not a bull trap." He also pointed out: "If ETH can manage to close above $4,600 on a weekly basis, it will set a new all-time high for the weekly closing price. Meanwhile, this will lay the foundation for the next upward phase, with a target price of $5,200 - $5,500 in the next week."

On August 24th, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana launchpad market share ranking, pump.fun held the top position with 76.8%, Letsbonk came in second with 8.43%, and Meteora DBC took the third place with 8.2%.

On August 24th, based on Coinglass data, if Ethereum surges above $4900, the total short liquidation intensity of mainstream CEXs will amount to $1.393 billion. Conversely, if Ethereum drops below $4700, the total long liquidation intensity of mainstream CEXs will reach $1.121 billion. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the strength. Therefore, the liquidation chart shows the extent to which the target price reaching a certain level will be influenced. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity avalanche.