Binance Market Watch: Ethereum’s Price Correction Sparks Debate Amid Bullish Trends
Ethereum's recent 9% price decline to $3,500 has disrupted its bullish momentum, raising questions among traders about whether this is a natural market correction or a result of strategic manipulation. This pullback follows a significant 55% rally in July, which saw ETH nearly reach $3,700—a level last observed in November 2024. Market analysts are drawing comparisons to similar price movements in December 2024, noting uneven trading volumes that suggest potential market manipulation. As the crypto community debates the implications, all eyes remain on Binance and other major exchanges for signs of the next major move in Ethereum's price trajectory.
Ethereum Price Correction Sparks Market Debate: Natural Pullback or Strategic Maneuver?
Ethereum's recent 9% decline to $3,500 has fractured its bullish momentum, leaving traders questioning whether this represents a healthy correction or coordinated market manipulation. The retreat follows a stellar 55% July rally that saw ETH test $3,700 levels last observed in November 2024.
Market observers note suspicious parallels to December 2024's price action, with uneven trading volumes suggesting possible accumulation strategies by institutional players. Binance's order book activity has drawn particular scrutiny, with analysts speculating about deliberate long liquidations to create buying opportunities at depressed levels.
Arthur Hayes Predicts BTC at $100K and ETH at $3K Amid Macroeconomic Strain
BitMEX co-founder Arthur Hayes has re-emerged with bold price predictions for Bitcoin and ethereum as macroeconomic tensions escalate. His analysis hinges on impending U.S. tariff legislation and softening labor data, which he believes will catalyze a crypto breakout. Hayes anticipates Bitcoin testing $100,000 and Ethereum reclaiming $3,000, framing this as an institutional accumulation opportunity.
On-chain activity reveals strategic maneuvering: Hayes transferred 2,373 ETH ($8.3M), 7.76M ENA ($4.6M), and 38.86B Pepe ($414.7K) to Binance and decentralized exchanges within six hours. These moves—whether portfolio rebalancing or hedging—coincide with his WebX Asia keynote announcement, where he promised deeper insights into monetary strategy.
Crypto Market Sees $700M Liquidation Storm Amid Global Tariff Turmoil
A brutal $700 million liquidation wave swept through cryptocurrency markets on July 31, triggered by U.S. tariff hikes against Canada and other nations. The sell-off marked the largest single-day liquidation event this year, with 165,000 traders caught in the storm.
Ethereum led the carnage with $250 million in forced position closures, followed by Dogecoin, XRP, Solana, and ENA. Binance recorded the largest single liquidation—a $4.45 million ETH-USDC order—as over 77% of wiped positions were bullish bets placed before the correction.
Despite the bloodbath, institutional conviction remains unshaken. Japanese firm Metaplanet plans to raise $3.7 billion for Bitcoin acquisitions, aiming to expand its BTC holdings from 17,132 to 210,000 by 2027.
BNB, Solana, and Tron Price Predictions for August 2025
The cryptocurrency market cap surged to $3.96 trillion in July 2025, only to dip slightly to $3.69 trillion by early August. Despite the pullback, top-tier assets like BNB, Solana (SOL), and Tron (TRX) exhibit resilient price action, underpinned by robust fundamentals and bullish technical setups.
BNB has overtaken solana in market capitalization, currently trading at $752.01 with a $104.91 billion valuation. July's all-time high was fueled by surging transaction volume and DEX activity. A retest of the 50-day EMA could springboard the token toward $900 this month, with a potential breakout target at $1,290.51 if bullish momentum sustains.
Solana faces headwinds as on-chain data reveals declining network activity. The asset retreated from July's $205 peak amid shrinking daily active addresses and DeFi participation. Market watchers await signs of renewed institutional interest to reignite upward trajectory.
Which Top Crypto Presale Will Hit $1 First? BlockchainFX, Pepescape, and TOKEN6900 Emerge as Contenders
Early investors in Binance and Solana reaped monumental gains by entering at presale prices below $0.10. BlockchainFX ($BFX) now presents a similar opportunity, priced at $0.017 with a confirmed $0.05 launch target. The project has already secured $4.4 million in funding and five exchange listings.
Unlike speculative presales, BlockchainFX operates a live multi-asset trading platform with 10,000+ daily users. CertiK-audited smart contracts distribute 70% of trading fees to token holders, with staking APYs reaching 90%. The platform supports trading across crypto, stocks, forex, and commodities.
Market traction separates BlockchainFX from typical whitepaper projects. Daily USDT rewards and 4-7% daily yields for early participants demonstrate functional tokenomics. With exchange listings imminent, the window for presale participation is narrowing rapidly.