Shiba Inu price has dropped below the mid-range level of $0.00001328 and is likely to test range support near $0.0000105. Short-term support sits at $0.00001184; a decisive break below $0.0000116
Concerns are rising among Bitcoiners over institutions doing "institutional-like things" with Bitcoin, Preston Pysh said in a recent podcast interview.
On-chain analytics firm Glassnode has revealed how the Bitcoin price often forms local bottoms when this holder group shows capitulation. Bitcoin STHs Are Currently Participating In Mild Loss Realization In a new post on X, Glassnode has talked about how short-term price action is often dictated by the top buyers’ reaction to post-ATH drawdowns. As the price slides down, these holders quickly get into losses and can become prone to making panic moves. Related Reading: Altseason Things: Ethereum Perps Volume Sets New Record Against Bitcoin Bitcoin is currently in such a phase, with a notable amount of supply having a cost basis in the zone between the latest spot price and $120,000, as the below chart shows. The indicator in the graph is the Cost Basis Distribution, which tells us, as its name suggests, how much of the BTC supply last changed hands at the various price levels. From the metric’s data, it’s apparent that investors have slowly been building up a dense supply cluster below $120,000 as the asset has been trading inside the range since early July. The recent Bitcoin price plunge naturally put these investors underwater, so the question is: how have these holders been reacting? An indicator that can help shed light on the matter is the Spent Output Profit Ratio (SOPR). This metric compares the amount of profit and loss that the investors as a whole are realizing on the network. When the value of the SOPR is greater than 1, it means the average holder is selling their coins at a profit. On the other hand, it being below the threshold suggests loss-taking is dominant on the network. In the current discussion, the SOPR of the entire market isn’t of interest, but rather that of a specific part of it: the top buyers. These would be the investors who got into the cryptocurrency over the last three months. Here is the chart shared by Glassnode that shows the trend in the Bitcoin SOPR for the investor cohorts falling in this age range: As is visible in the above graph, the Bitcoin SOPR has dropped for all three of 1 day to 1 week, 1 week to 1 month, and 1 month to 3 months groups following the price decline. The indicator is now floating between 0.96 to 1.01 across these cohorts, indicating these investors have started selling at a mild loss. “If pressure builds, local bottoms often form when this group capitulates, typically when SOPR drops below ~0.9,” notes Glassnode. Related Reading: This Bitcoin Volume Signal Nailed The Top & Bottom: Analytics Firm For now, though, it seems Bitcoin may not have to wait for this capitulation signal, as its price has seen a rebound in the past day. BTC Price At the time of writing, Bitcoin is trading around $116,000, down 2% over the past week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
The crypto market is once again testing the nerves of investors, with Bitcoin, Ethereum, and other major coins pulling back after their recent highs. For some, this downturn sparks fear of further losses. For others, it represents a golden opportunity. Savvy investors know that volatility has always been part of the game – and those who buy during the dips are often the ones who end up with the biggest gains. While established assets like BTC and ETH continue to show resilience, new projects such as MAGACOIN FINANCE are catching attention as rare early-entry opportunities during this waiting period before the next altcoin boom. Why Buying the Dip Still Works The idea of “ buying the dip ” is simple but powerful: accumulate assets when prices fall, and profit when they rebound. In crypto, this strategy has proven successful across multiple cycles. Each major crash has historically been followed by fresh all-time highs as adoption grows and new narratives take over. With Bitcoin ETFs now approved and Ethereum’s ongoing upgrades strengthening its fundamentals, the long-term trend remains bullish – even if short-term moves spark fear. Smart Strategies for Investors Jumping into the market without preparation can be risky. That’s why seasoned investors stick to strategies such as: Doing solid research (DYOR): Strong fundamentals and real-world use cases separate lasting projects from short-lived hype. Using dollar-cost averaging (DCA): Spreading investments over time helps smooth out volatility. Following sentiment indexes: Extreme Fear has historically been a strong buy signal, while Extreme Greed often signals overheated conditions. Exploring altcoins cautiously: While Bitcoin and Ethereum form the backbone of most portfolios, carefully selected altcoins often outperform in bull runs. How This New Altcoin Takes the Market by Storm While investors are patiently waiting for the altcoin boom, MAGACOIN FINANCE is positioning itself as a rare opportunity for those who get in early. The project has already raised millions , drawn a fast-growing community, and completed audits, making it one of the few newcomers that is consistently compared to some of the top tokens . Early adopters have seen major returns, and many believe this could just be the beginning as future exchange listings unlock wider access. In a market where timing is everything, MAGACOIN FINANCE is fast becoming a name that forward-thinking investors don’t want to overlook. The Bigger Picture Despite the short-term volatility, institutional interest in crypto continues to grow, and blockchain technology is embedding itself deeper into global finance. If history is any guide, today’s dip will one day look like a massive discount. The key is patience, strategy, and the courage to act when others hesitate. In summary, while the crypto market may look uncertain now, the current pullback could prove to be one of the most profitable buying opportunities of this cycle. And with emerging projects like MAGACOIN FINANCE offering unique early-entry potential, investors who prepare today could be the ones celebrating tomorrow. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: The Current Crypto Dip Could Be Your Golden Ticket — Here’s How Buying Now Could Make You Rich
There were two key support zones below Shiba Inu that could offer a buying opportunity for traders.
Introduction: FOMO Returns to the Crypto Stage Fear of missing out has been a strong sentiment in every big crypto cycle. As Bitcoin hit $20,000 for the first time in 2017, retail investors rushed into Ethereum and Ripple. In 2021, meme tokens like Dogecoin and SHIBA INU reached crazy high prices, not because of their fundamentals but because of the excitement of the community and viral stories. By the middle of 2025, early evidence point to the FOMO wave coming back. Bitcoin has already reached new highs, institutional demand through ETFs is steady, and retail interest is slowly coming back into search trends, forums, and trading volumes. But as we’ve seen in the past, the real fun doesn’t start until FOMO spreads to other cryptocurrencies besides Bitcoin and Ethereum. That’s when altcoins take center stage and initiatives with compelling stories and community support start to grow. MAGACOIN FINANCE is one of the names that has already caught the attention of several analysts. It is being called one of the best altcoins to buy in 2025 , with ROI predictions of over 45x. Understanding the Power of FOMO People frequently say that FOMO is just emotional trading, but it has caused some of the biggest crypto rallies in history. When investors think they’re going to miss out on “the next big thing,” money flows in at an alarming rate. It was Ethereum’s ecosystem in 2017. It was meme coins and NFTs in 2021. Analysts say that by 2025, FOMO may be further spread out, with real-world asset tokenization, smart contract platforms, and new ventures with cultural branding all playing a role. The main point is that the same assets don’t usually lead cycles twice. New leaders come to power when stories that captivate people’s imaginations at the perfect time come out. Bitcoin and Ethereum: Anchors of the Market Bitcoin is what starts the FOMO wave. Its dominance is still the guide for the rotation of liquidity. When Bitcoin reaches a new high and then settles down, traders start looking for chances in altcoins. Ethereum is the first to benefit since it keeps getting better with updates that make staking more efficient, wallets easier to use, and the network bigger. Every cycle is built on these two stable assets. But because their market caps are so big, the kind of spectacular growth that retail investors look for is less likely. Historically, smaller-cap altcoins that have a lot of hype about them, are hard to find, and have novel stories are what really drive FOMO. MAGACOIN FINANCE: Scarcity Meets Narrative MAGACOIN FINANCE has made a name for itself here. Analysts and trading models are already saying that it is one of the best cryptocurrencies to buy before the next bull run. It’s easy to see why. There aren’t many presale slots available, and rounds have sold out rapidly, which shows that people are really interested. The project’s branding, which is politically relevant and community-driven, offers it cultural staying power that most new tokens can’t match. Most crucially, ROI predictions are now over 45x , thanks to the presale momentum, whale accumulation, and the structural rotation that should happen when Bitcoin’s supremacy starts to fade. This mix of scarcity and story is similar to what happened in the beginning that made Dogecoin and SHIBA INU famous. Solana and Ethereum may be the most talked about cryptocurrencies in technical circles, but MAGACOIN FINANCE is getting a lot of attention in the areas where retail enthusiasm really thrives: stories and identity. Timing the Wave: Why Preparation Matters One thing is evident from history: if you wait for mainstream FOMO headlines, you will likely be too late. The people that got in before the hoopla started were the ones who made the most money in each round. By 2021, meme tokens were all over the news, and early adopters had already made their positions bigger. That involves keeping a tight eye on Bitcoin’s dominance in 2025. Once it settles down, liquidity usually moves into Ethereum, then Solana, and finally into other altcoins. This is when presale projects like MAGACOIN FINANCE frequently make their big break. People who plan ahead might take advantage of the market’s natural rhythm instead of reacting to it after the fact. Global Ripple Effects of Crypto FOMO Crypto FOMO isn’t just a problem in crypto markets anymore; it affects the whole world. In 2021, more money flowed into meme tokens from U.S. retail investors than into traditional stock funds. By 2025, when institutional adoption is the norm and governments are trying out digital asset reserves, the effects could be substantially worse. As liquidity cycles move across asset classes, a fresh spike driven by FOMO could affect everything from the prices of tech stocks to commodities hedging. This interconnectedness makes it necessary for investors all across the world to grasp crypto, not only as a hobby. Conclusion: Preparing for What’s Ahead As 2025 goes on, the question isn’t if bitcoin will have another FOMO wave, but which assets will do the best on it. Bitcoin and Ethereum will always be important, but history shows that the biggest stories emerge from other places. MAGACOIN FINANCE is one of those rare candidates that has a forecasted ROI of more than 45x and a presale scarcity that makes people want to buy it right away. It can grow like crazy at the core of altseason by using cultural branding, community enthusiasm, and intelligent timing. Established giants couldn’t do that. The message is clear for investors who are getting ready now: expect the FOMO before it happens and get in where the momentum is growing. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance
COINOTAG News on August 23 cites Onchain Lens monitoring showing prominent whale known as Big Brother Whale, Huang Licheng, has exited several long positions at a loss, notably in BTC,
VanEck filed for Solana staking ETF reflecting growing interest in blockchain-based assets. JitoSOL ETF to reflect price and staking income, appealing to SOL investors. Continue Reading: VanEck Submits Bold Application for Solana Staking ETF The post VanEck Submits Bold Application for Solana Staking ETF appeared first on COINTURK NEWS .
Ethereum ETFs recorded a $287.6 million net inflow on August 22, 2025, reversing four days of outflows; BlackRock’s iShares led with $233.5 million and Fidelity added $28.5 million, indicating renewed
COINOTAG News on August 23, citing Coinglass data, reports that total position liquidations across the crypto network reached $526 million over the prior 12 hours, with long liquidations at $96.9