🚀 Crypto LIVE: Bitcoin & Ethereum Defend Key Supports as CeFi Tokens Explode - August 21, 2025 Market Pulse

Bitcoin and Ethereum cling to critical technical levels while institutional demand shows unexpected cooling—just as centralized finance tokens stage a spectacular rally against all conventional wisdom.

Market analysts scratch heads at the divergence between blue-chip consolidation and altcoin frenzy. Trading volumes suggest whales are rotating into CeFi plays rather than stacking more BTC.

Traders report leveraged positions getting liquidated across perpetual swaps—proof that volatility hasn't gone anywhere despite the sideways action. Options flows indicate growing skepticism about near-term upside.

Meanwhile, CeFi tokens like BNB and FTT rip double-digit gains while DeFi counterparts stagnate. The irony isn't lost on veterans who remember last cycle's 'decentralization narrative.'

Regulatory whispers from the FSA about potential stablecoin frameworks get shrugged off—traders care more about momentum than policy these days. Typical finance: ignore the rules until they're enforced with penalties.

Smart money's playing range-bound strategies while retail FOMO chases the shiny objects. Same old story—just with fancier charts and bigger numbers.