Trading Moment

PANews|Aug 27, 2025 06:18
: Ethereum eyes a solid breakout above 4700, Bitcoin faces a daily showdown at 112K, holding strong at 108.8K
Yesterday, Trump announced the dismissal of Federal Reserve Governor Lisa Cook and claimed he would soon have a 'majority' on the board supporting significant rate cuts, sparking widespread legal and political controversy.
For Bitcoin, most analysts remain cautious. Among the bearish long-term voices, asset management firm Diaman Partners predicts, through cyclical analysis, that the bottom of this cycle might appear in 2026, ranging between $60K and $80K. Economist Peter Schiff is even more pessimistic, pointing out that Bitcoin has dropped 13% from its peak to below $109K and predicting it could fall as low as $75K.
As for Ethereum, analysts generally hold a more optimistic outlook, especially after its strong performance relative to Bitcoin. Although there is short-term profit-taking pressure in the market, most analyses suggest the overall bull market trend remains intact. On price support, analyst Amr Taha notes that if Ethereum fails to hold above $4,700, the price may fluctuate between $4,350 and $4,700 or even fall back to $4,000.
In broader market dynamics, the token XPL on Hyperliquid saw a 200% surge in 5 minutes before crashing, leading to $17.1M in liquidations over the past 24 hours. Two whale addresses collectively profited $27.5M.
BTC mid-to-long-term trend channel: Upper boundary ($115,277.81), Lower boundary ($112,995.08)
ETH mid-to-long-term trend channel: Upper boundary ($4,514.58), Lower boundary ($4,425.18)
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