Gate latest crypto assets market analysis (August 12, 2025): BTC approaches historical highs again, ETH reaches a new high this year, BCH, UNI, and LDO become the focus.

On August 12, the crypto market continued its high fluctuation trend, with BTC once again approaching historical highs, and ETH entering consolidation after hitting a new yearly high. The altcoin zone surged and then fell back, with popular tokens such as BCH, UNI, and LDO becoming the focus due to news and capital driving. Gate's market data shows that market sentiment has entered the "greed" zone, and there is a need to be cautious of pullback risks after overheating in the short term.

BTC: Approaching historical highs, bear liquidity is dense

In the past 24 hours, BTC reached a high of 122,320 USD during intraday trading, driven by continued inflows into ETF funds, just under 1,000 USD away from its historical high. The price then quickly pulled back, closing at 118,925 USD, with trading volume increasing by 10.5% compared to the previous day.

Key observation: A large amount of short liquidity is gathered above $121,000 and below $119,000. If the price oscillates in this range, it may trigger concentrated liquidation risks.

ETH: Consolidation after hitting a new high for the year

ETH reached a new annual high of $4,365 yesterday, driven by both institutional fund inflows and ETF inflows, breaking through key resistance levels such as the upper Bollinger Band and the 5-day moving average.

Transaction data: The 24-hour trading volume reached 47.138 billion USD, an increase of 23.24% compared to the previous day.

Short-term trend: Today has entered a consolidation phase, possibly gearing up for a subsequent upward attack.

alts: Surge and Pullback, Emotion Overheated

Most mainstream alts experienced varying degrees of pullback today:

DOGE fell by 5.88%

SUI fell by 6.47%

Since July, the altcoin season index has risen by over 30%, and on August 11, the total market capitalization of alts reached a year-to-date high of $1.61 trillion.

Sentiment Indicator: The Fear and Greed Index has risen to 60 (Greed Zone), signaling investors to be cautious of short-term overheating.

Popular Token Highlights

BCH (+2.95%, $594.27)

Highlights: BCH is a hard fork asset based on the Bitcoin BCH protocol, featuring on-chain scalability, new transaction signing, and decentralized development.

Capital side: The Smart Money Index (SMI) rose to 85.1, up over 220% since the beginning of June, indicating a continuous inflow of institutional funds.

Technical levels: Upside resistance at $620.40, support at $572.80, if it breaks down or pulls back to $444.70.

UNI (+0.49%, $11.39)

News: The Uniswap Foundation has proposed the establishment of a new legal entity "DUNI" under the Wyoming DUNA legal framework to provide legal structural support for DAOs while maintaining decentralized governance.

Use of funds: Plan to allocate approximately 16.5 million USD worth of UNI Tokens for payment of taxes, fines, and legal defense.

Trading Volume: 24-hour trading volume increased by 67.05%.

LDO (+1.90%, $1.52)

Positive factors: Benefiting from the SEC's favorable ruling on liquidity staking ETFs, it surged 54% within a week.

Fundamentals: Lido's total locked value reaches 33 billion USD, making it the largest liquidity staking protocol in the world.

Market Outlook: Staking products are expected to be further incorporated into ETFs, attracting more institutional funds.

Conclusion and Risk Warning

Today, the market continues its high Fluctuation pattern driven by BTC and ETH, with popular Tokens such as BCH, UNI, and LDO strengthening under the influence of news and capital. However, as the Fear and Greed Index enters the "Greed" zone, it is necessary to guard against the pullback pressure caused by overheated sentiment in the short term. Investors are advised to pay attention to key support and resistance levels and to flexibly adjust their positions.