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Despite the broader market showing signs of fatigue, the BNB price train is still on track. Over the past 24 hours, Binance Coin has slipped 1.5%, now trading at $877. Given its relentless performance, this pullback, however, looks more like a scheduled pause than a derailment.

In the past month alone, BNB has gained 15%, while three-month returns sit at 30%, and the yearly swing is an impressive 51%. At just 2% below its all-time high of $899, the token is still within striking distance of a breakout that could carry it into four-digit territory for the first time.

Spot Demand Builds Through HODL Waves

Supporting this steady climb is the expansion across multiple HODL wave cohorts: a metric that tracks the percentage of circulating supply held across different holding periods.

Between July 24 and August 23, three key cohorts all grew their holdings: one-year to two-year wallets rose from 6.55% to 7.52%, three-month to six-month holdings surged from 1.62% to 7.30%, and one-month to three-month wallets ticked slightly higher from 2.29% to 2.306%.

These increases confirm that both long-term and mid-term investors are buying into strength rather than waiting for dips, adding fresh fuel to the BNB price train.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Futures Open Interest Keeps Momentum Alive

It isn’t just spot markets that are feeding the rally. BNB futures open interest has been climbing steadily alongside prices, hitting a three-month peak of $1.27 billion on August 22. The current levels are still around the same zone.

Rising open interest means leveraged traders are piling in, amplifying the potential for both upward surges and sudden squeezes. If momentum favors the bulls, short liquidations could accelerate the move past $899 and unlock higher price discovery levels.

On the flip side, a sudden long squeeze could trigger volatility and pullback, but the current alignment of spot and derivatives suggests the bias remains upward.

Futures open interest measures the total number of outstanding futures contracts that have not been settled, showing how much capital is tied to derivatives.

BNB Price Action: $898 Is the Gateway to Four Digits

BNB is testing critical resistance zones that could define its next move. The token recently pulled back from $898, which aligns with the 0.618 Fibonacci extension, often seen as the strongest barrier in an uptrend. The BNB price is currently trading a notch under another key resistance level of $882.

With $898–$899 marking its historical high and one of the toughest resistance zones, a decisive candle close above that level could open the tracks toward $922 and $952.

Once BNB breaks past $898 strongly and into price discovery, the first four-digit target stands at $1,038. If spot and derivatives momentum holds, this may only be the beginning of a longer rally, where $1,000 is less a destination and more a milestone on the journey.

However, if the BNB price breaks under $812, a key retracement zone, it would invalidate the bullish hypothesis in the short term. That would momentarily put a halt to the BNB price train.

TL;DR

Fed Rate Cuts to Pump XRP?

The Jackson Hole speech took place on Friday as the crypto market had braced for impact with a week-long correction that drove BTC from over $118,000 to under $112,000, ETH from above $4,800 to $4,100, and XRP dumped below $2.8 to market a multi-week low.

Although Powell failed to specify whether the Fed will indeed cut rates at its next FOMC meeting in September, his words were perceived as promising by investors, who poured billions of dollars into the ever-volatile, risky crypto market. BTC jumped beyond $117,000, albeit briefly, while ETHrocketedto a new all-time high of almost $4,900.

Another sign that the market will now anticipate a rate reduction in September came from Polymarket as the odds for such a Fed move went from under 60% to almost 80% within hours. Consequently, CryptoPotato explored the potential effects on the two largest cryptocurrencies by market cap, more on which canbe found here, and we have now shifted our focus to the third-biggest.

We asked ChatGPT about its take on the matter, and the AI solution explained that lower rates mean that borrowing becomes cheaper and money flows more easily into risk assets, at least in theory. History shows that rate cuts have boosted stocks, gold, and cryptocurrencies, as investors seek higher returns.

For XRP in particular, this could mean more speculative inflows from traders reallocating from bitcoin or even other traditional assets into well-known and established altcoins, such as the second-largest.

It also explained that lower rates weaken the US dollar, which often strengthens bitcoin first but “altcoins like XRP typically follow with a lag – sometimes explosively once capital rotates.”ETF Exposure and Potential Risks

With roughly ten filings made by different companies to launch their own spot XRP ETFs, Ripple’s community is frequently speculating when such financial vehicles will finally be approved in the US, following those for BTC and ETH. ChatGPT believes the right timing ofpotential approvals of Ripple ETFscould be massive for the underlying asset.

“A lower interest rate environment makes yield-bearing Treasuries less attractive. Institutions may look harder at crypto ETFs (including pending XRP ETF filings) as a way to diversify.

If an XRP ETF is approved around the same time, rate cuts could supercharge inflows.”

However, the AI chatbot also outlined potential short-term risks. If rate cuts occur due to recession fears, risk appetite will initially decline, which includes bitcoin and the altcoins. As such, it warned that investors might “exit risk assets (including XRP) until confidence in economic recovery returns.”

Overall, though, ChatGPT was bullish on XRP if the US Federal Reserve indeed cuts the rates. It outlined a positive medium-term path for the asset, and a highly bullish run if the ETF stars align.

“Bullish Medium-Term: Fed rate cuts are generally positive for XRP because they boost liquidity, weaken the dollar, and increase demand for alternative assets.

Catalyst Combo: If rate cuts coincide with an XRP ETF approval or favorable legal clarity, XRP’s upside could accelerate toward — or beyond — its all-time high.”

Bitcoin’s (BTC) momentum has cooled down in recent weeks as investors persist in locking in profits. Slowing demand has also contributed to the cool down, with current figures about two-thirds less than last month’s records.

According to the weekly report from CryptoQuant, the Bitcoin market has moved from an extra bullish to a bullish cooldown phase.Bitcoin Momentum is Cooling Down

During this cool-down phase, Bitcoin’s apparent demand has fallen from a Julypeakof 174,000 BTC to 59,000 BTC today. Institutional BTC buyers have slowed down in their accumulation – they are still buying, but not as much as before. The business intelligence firm, Strategy, which is the lead BTC buyer, has seen its purchases tumble from a November 2024 high of 171,000 to 27,000 over the past 30 days.

Spot Bitcoin exchange-traded funds (ETFs) are also seeing their lowest inflows in four months. Their 30-day net purchases currently hover around 11,000 BTC, a level not seen since late April.

“This broad-based decline in demand growth suggests fading momentum, which likely contributed to the recent price correction. Continued softness in demand could keep Bitcoin in a consolidation phase,” CryptoQuant stated.

Moreover, on-chain indicators are flashing weaker signals, which reveal that the market remains constructive, but withfadingbullish momentum. The CryptoQuant Bull Score Index moved from the “Extra Bullish” to “Bullish Cooldown” phase after BTC rallied past $120,000. Current market conditions tally with the ongoing price decline.

“The transition to a bullish cooldown typically precedes sideways movement or mild corrections. Without a return to strong demand signals, further upward momentum may remain limited in the near term,” the analytics firm added.Support at $110K?

Furthermore, new whale investors have been taking profits. This cohort of investors has led a spree that has realized at least $74 billion in profits since July 4. Notably, the market recorded its largest daily profit so far this year ($9 billion) on that same day.

Since then, the investors have not relented in taking profits – August 16 saw new whale investors realize up to $2 billion in gains.

Meanwhile, bitcoin’s price hovered around $116,000 at the time of writing, but with reduced downside risk. CryptoQuant analysts believe the leading digital asset may find support near $110,000, which is the Trader On-chain Realized Price. This level often acts as support during bull cycles, and traders’ unrealized profit margin goes to zero, discouraging more selling.

TL;DR

200K ETH Out of Exchanges

It was less than five months ago when the second-largest cryptocurrency plunged to $1,400, erasing years of gains. The overall market situation was grim due to Trump’s tariff policy, but ETH seemed to be taking the correction the worst.

However, the landscape changed big time in the following months, as etherskyrocketedto almost $4,900 last Friday to mark a new all-time high – nearly four years after its previous peak.

Different types of investors continue to accumulate the token, ranging from smaller and retail to institutions,corporations, andwhales. The ETFs are back in the green after a brief four-day hiatus, while even this Bitcoin OG swapped a big portion of their BTC holdings for spot and long ETH positions.

Ali Martinez provided more promising data for Ethereum’s short-term future, as investors using centralized crypto exchanges had pulled 200,000 ETH out of those platforms within just two days. Such withdrawals reduce the immediate selling pressure, which should, in theory, be bullish for the underlying asset if demand increases or even stays the same.

200,000 Ethereum $ETH withdrawn from exchanges in just 48 hours! pic.twitter.com/XJ3EQuLxEd

— Ali (@ali_charts) August 24, 2025

From a USD perspective, this amount is worth close to $1 billion, given ETH’s current price tag of almost $4,800.CME Gap Filled, Altseason to Begin?

The crypto market, being open 24/7, often performs faster than the traditional financial industry, and this leaves some weekend (or holiday) gaps for digital assets that trade on legacy platforms. Due to ETH’s surge in the past few weekends, it left a gap on the CME futures, and many analysts believe it had to be closed before the asset could resume its rally.

According to Rekt Capital, the weekly CME gap (in the green) has been filled and ETH has “reversed to the upside from it.”

$ETH

Ethereum has successfully filled its Weekly CME Gap (green) and reversed to the upside from it#ETH #Crypto #Ethereum https://t.co/VuKCZhPPbI pic.twitter.com/qnaNWGbbrW

— Rekt Capital (@rektcapital) August 22, 2025

Satoshi Flipper also weighed in on ETH’s recent performance, especially against the market leader. After observing the 3 Day ETH/BTC chart, the analyst concluded that the “eagle has landed,” as it’s shaping up for a “glorious” altcoin season.

$ETH / $BTC 3 DAY

The eagle has landed, I repeat, the eagle has landed

Position wisely and don’t get caught sidelined, this is all shaping up for a GLORIOUS ALT SEASON + ENDING to the cycle

(4 years we have waited for this moment) pic.twitter.com/QQbHhCkWif

— Satoshi Flipper (@SatoshiFlipper) August 24, 2025

Michael Saylor kept his latest update short as the Strategy co-founder posted an AI photo of himself riding a bright orange scooter and wrote just two words: "Bitcoin delivers." This new message came as the company’s Bitcoin holdings reached new heights in both size and value.

And this figure may increase further, if the usual Monday announcement hits the press tomorrow.

For now, according to filings, Saylor-led Strategy holds 629,376 BTC, to buy which it spent about $46 billion, averaging $73,320 per Bitcoin. At current levels, the stash is valued at $72.24 billion, putting the company more than 56% on paper.

Not to forget that Strategy is a public company and trades under the ticker MSTR with a $98 billion market capitalization, of which Bitcoin accounts for roughly 74%. Still, the enterprise value is listed at $115 billion, and its stock recently traded at around $344.

Strategy's Bitcoin and MSTR business

As all eyes are on Monday, let's remember that on Aug. 11, Strategy disclosed the purchase of 155 BTC. Then, on Aug. 18, the software provider purchased another 430 BTC.

Insider trading reports meanwhile show busy activity around the MSTR stock. Over the last three months, there have been 31 transactions: 13 open-market purchases and 18 sales. Over the last year, insiders have executed a total of 69 trades, buying 286,132 shares and selling 474,471.

TL;DR

Double-Bottom Structures in Play

Bitcoin has printed another double-bottom pattern, according to ZYN. Similar setups earlier this year were followed by sharp rallies.

In April, BTC rose by more than 50%, moving from about $86,000 to over $125,000. A second pattern in June triggered a 25% climb, lifting the price from near $100,000 back to $125,000.

$BTC double-bottom just printed.

April: +50% pump. June: +25% rally.

Even half that move now sends Bitcoin above $127K before Q3 ends.

This isn’t a chart pattern, it’s a launchpad. pic.twitter.com/rOMGmrYhyd

— ZYN (@Zynweb3) August 22, 2025

Notably, the latest structure is forming near $112,000, as BTC slipped to that level on Friday before it bounced off to over $117,000. So far, the asset’s price action is holding within a $112,000 to $124,000 range, reflectingconsolidationafter recent swings.Inverse Head and Shoulders Formation

A chart shared by Merlijn The Trader shows Bitcoin completing an inverse head-and-shoulders. The left shoulder was formed in December 2024, the head in April 2025, near $70,000, and the right one in June 2025.

The neckline, which slopes upward, has now been broken and retested near $113,000. Holding above this zone is marked as confirmation of the breakout. Based on the scale of the setup, the pattern points toward higher levels if momentum continues.Futures Market Sentiment Turns Positive

Data from CryptoQuant analyst Darkfost shows BTC futures sentiment has moved back intopositive territoryafter five days of negative readings. The sentiment index, which combines net taker flows, open interest, and long/short volumes, reflects short-term positioning in the derivatives market.

In early August, sentiment followed a similar path when the ratio dropped below -1 before recovering into positive territory. That shift coincided with a price rebound—the current bounce from -0.7 signals that bearish pressure has eased in recent sessions.