After last Friday's strong rise, global stock markets entered a consolidation phase on Monday, with investor sentiment turning cautious and the focus shifting to the upcoming NVIDIA earnings report. Meanwhile, the crypto assets market experienced a significant pullback, with Ether and Bitcoin both retreating from their highs, highlighting the market's sensitivity to macroeconomic signals. This article will delve into the latest dynamics of major global markets, including U.S. stocks, Asian stocks, European stocks, as well as commodities and crypto assets, providing investors with a comprehensive market overview.

Pi Coin is currently facing a severe bearish cycle, with prices continuously dipping and approaching the ATL. This article delves into the increasing correlation between Pi Coin and Bitcoin prices, and, combined with the RSI technical indicator, reveals the challenges it may face in the short term. At the same time, we will explore potential turning points to provide decision-making references for Crypto Assets traders and long-term holders. This article aims to help Pi Network community members and crypto enthusiasts gain a comprehensive understanding of the latest market dynamics of Pi Coin and insight into the underlying logic behind its price movement.

On-chain monitoring shows that a mysterious whale purchased $2.5 billion worth of ETH in a single transaction through the Hyperliquid platform and immediately staked it, causing a surge of 450,000 in the validators queue. Meanwhile, a group of long-term Bitcoin holders has for the first time made a large-scale transfer to ETH holdings, pushing the ETH/BTC exchange rate to a one-year high of 0.042. This article combines data from Arkham Intelligence, changes in exchange flow, and staking dynamics to deeply analyze the market turning signals behind whale movements.

With the implementation of the US GENIUS Act, stablecoin issuers are required to disclose reserve details monthly, and both TradFi and encryption institutions are adjusting their compliance strategies. Tether (USDT), while maintaining a 60% market share as the leader, has become passive due to the quarterly disclosure mechanism and historical regulatory penalties. This article analyzes the compliance advantages and technical characteristics of three major competitors: USDC, DAI (USDS), and RUSD, interpreting the structural changes occurring in the $288 billion stablecoin market.

The listed company SharpLink, known in the industry as the "ETH version of MicroStrategy," has exhibited a rare market signal — its total market capitalization ($3.24 billion) has fallen below the value of the ETH it holds on its books ($3.29 billion), creating a NAV (net asset value) discount phenomenon. Crypto assets analysts point out that this historic signal has previously been identified by legendary traders as a "buy the dip reference line," which may indicate a significant market turning point for Ethereum is imminent. This article combines the buyback plan, institutional movements, and on-chain data to deeply analyze the potential impact of this phenomenon on ETH prices.

Fundstrat co-founder Tom Lee released the latest prediction for Ethereum, believing that the bottom for ETH price will form within hours. Meanwhile, BitMine Immersion Technologies increased its holdings by 4,871 ETH (worth $21.28 million), bringing its total open interest to 1.72 million ETH (worth $7.65 billion). This article combines Technical Analysis, institutional holdings dynamics, and on-chain data to provide an in-depth interpretation of the short-term bottom signals for Ethereum and the potential path to break the $6,290 target in the medium to long term.

On August 25, BlackRock's Ethereum ETF (ETHA) recorded a massive inflow of $315 million, reversing the continuous outflow trend of the previous week. At the same time, the total open interest of the spot Ethereum ETF reached 6.6 million ETH (valued at $29.23 billion), accounting for 5.45% of the circulating supply. Tom Lee, co-founder of BitMine, analyzed that the ETH price may be nearing the bottom, with significant institutional accumulation signals. This article synthesizes capital flow data, expert opinions, and on-chain holdings changes to interpret the latest trends in the Ethereum market for encryption users.

In the past 24 hours, the total market capitalization of the crypto assets market has fallen by 3.83%, evaporating to $3.86 trillion, triggering nearly $1 billion in liquidations, mostly from long positions. Bitcoin has fallen below the $110,000 mark, while Ethereum has experienced a big dump of 7.29%, causing panic in the market. However, whales and institutional funds continue to buy the dip, with on-chain data showing a continuous influx of large buy orders, highlighting that long-term confidence in the market has not been significantly shaken.

The open interest (OI) of altcoin futures surged by $9.2 billion in a single day on August 22, reaching a total scale of $61.7 billion, setting a historical record. Meanwhile, the Altcoin season index climbed to 61 (the first test of this threshold since 2025) but quickly fell back to 56. Despite the explosive demand for leverage, capital rotation remains weak, and Bitcoin's dominance still holds at 57%, indicating that this cycle is still dominated by BTC. Historical data shows that similar leverage bubbles have led to a 50% slump in altcoins in Q1 2025, and investors need to be wary of the risks of volatility cycles.

Bitcoin suddenly fell below the key support of $110,000 on August 26, dipping to a low of $109,000, triggering a single-day liquidation of $940 million in the global crypto assets market (of which $826 million was long positions). The total market capitalization evaporated by $200 billion, retreating from a high of $4 trillion to $3.8 trillion. Although Fed Chairman Powell's dovish signals at the Jackson Hole meeting had previously driven Bitcoin up to $117,000, the favourable information effect quickly vanished, and the market fell back into a state of high fluctuation.

On the early morning of August 26, a fake CR7 (Cristiano Ronaldo) meme coin project appeared again on the Solana Blockchain. The token's market capitalization skyrocketed to 5 million USD within 6 hours before instantly crashing to zero. This is the second recent eyewash utilizing Cristiano Ronaldo's name; a similar scheme previously created a market capitalization of 143 million USD before experiencing a big dump of 98%. Blockchain analysts warn that celebrity-related token scams on the Solana chain are showing explosive rise, and investors need to carefully identify official partnership projects.

After failing to hold the support at 0.2320 USD, DOGE has initiated a new round of dip, currently trading below 0.2150 USD and breaking below the 100-hour moving average. The hourly chart has formed a descending trend line resistance at 0.2160 USD. If this resistance cannot be broken, it may further dip to the psychological level of 0.20 USD. Both MACD and RSI indicators show that short positions are dominant, and a break below key support could open up downward space to 0.188-0.182 USD.

Recently, the US dollar index (DXY) has weakened, triggering renewed discussions in the market about the "end of dollar hegemony theory." However, according to analyses by the Mises Institute and several economic observers, these claims of "the dollar is dead" are greatly exaggerated, as one key question remains unanswered: what is the alternative to the dollar?

Pi Network (PI) continues to oscillate near the key support level of $0.33, testing this position multiple times to form a potential triple bottom pattern. If this support holds effectively and is accompanied by higher trade volumes, it may trigger a rebound to $0.85. However, the moving average still suppresses the price, and a breakthrough of the Point of Control (POC) is needed to reverse the long-term downtrend. Investors need to closely follow changes in trading volume and the fundamental improvement signals brought by the Stellar protocol upgrade.

ETHZilla Corporation (NASDAQ: ETHZ), a cryptocurrency financial company backed by PayPal co-founder and billionaire investor Peter Thiel, announced a stock buyback plan of up to $250 million on August 25, which was initially seen as significant Favourable Information. However, the market reaction was unexpected—after briefly surging to $3.75, the stock price quickly reversed, falling more than 16%. This sudden change has raised investor concerns: is it a market profit-taking scenario, or are ETH-related assets facing deeper pressures?

XRP failed to hold the 3.12 USD resistance level and has continued to pull back, currently trading below 2.95 USD and breaking the 100-hour moving average support. The hourly chart shows that the rising channel has broken, with key support moving down to 2.78 USD. If it cannot recover the 2.98 USD resistance level, it may further dip to the 2.65 USD target range. Both the MACD and RSI indicators show that short positions are dominant, suggesting that encryption investors closely follow market sentiment changes after the evening opening of the US stock market.

Ripple (XRP) encountered selling pressure on August 26 after a strong rebound over the weekend, with the price falling back to around $2.95, breaching the $3.00 round number. On-chain data shows a surge in the amount of XRP transferred to exchanges by large holders (Whales), suggesting that profit-taking behavior is accelerating. Currently, XRP is at a critical node of tug-of-war between bulls and bears: will it hold above $2.95 and rebound, or will it break below support and initiate a deep pullback?

As of August 26, Pepe (PEPE) has fallen for three consecutive days, and after a big dump of nearly 9.88% at the start of this week, it has briefly rebounded by about 1%, but it is still below the critical psychological level of $0.00001000. On-chain and derivation data are synchronously releasing bearish signals, indicating that this meme coin may face further dumping pressure in the short term.

Despite the recent bullish price movement of Cardano (ADA), on-chain indicators suggest that there may be a risk of profit-taking in the market, which could suppress the upward trend in the short term. Notably, the slow rise in Mean Coin Age indicates that network-level accumulation activity is starting. As of August 25, 2025, ADA is still attempting to challenge the psychological $1 level in the context of a Bitcoin pullback, and if it successfully breaks through, the next target could point to $1.2 (based on Fibonacci extension levels).

The price of Tron (TRX) has shown a significant fall after reaching an annual high of $0.370, breaking below the rising trend line that has been maintained since June 22 this week. On-chain and derivation data indicate that bearish sentiment is rising, and technical indicators also suggest that TRX may face a short-term correction.