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DOGE appears poised for a breakout as analysts see parallels with past surges; could an 80% rally be next? Liquidity and technical setups are aligning for a possible move.

Dogecoin could be on the edge of another wave analysts today are seeing classic breakout signals that mirror its huge runs in 2017 and 2021. This setup, they say, looks like the calm before the storm.

Dogecoin Pattern Mirrors Past Rallies

Recent market action shows parts of Dogecoin’s price chart matching the pre-surge formations from its past explosive moves. You know what that mean low volatility now could transform into a volatile breakout soon. If the pattern holds, we could see DOGE soar sharply, possibly mirroring those 2017–2021 surges. While nothing’s guaranteed, traders are locked in on whether this is “it” the setup that fuels the next meme-coin boom.

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Bitcoin trades near $118K on August 10 after breaking key resistance. Chart setups and investor sentiment hint at a possible move toward $120K as altcoins outshine BTC.

BTC is flexing its muscles today, trading at $118,583 after reclaiming the $118K level — a key turning point for bulls.

Bitcoin’s Path Looks Bullish for Next Move

BTC just crossed a vital resistance zone, sparking optimism that the next stop could be $120K, especially if a short squeeze unfolds. Crypto traders know just a 10% pop could liquidate over $18B in shorts, and sentiment is hyped that Monday could bring a breakout.

Adding fuel to the fire: coiled-up futures open interest and ETF inflows. Analysts say that if this momentum holds, BTC could reach $116K–$130K in August.

On-chain metrics show Bitcoin’s in a “bullish cooldown” after hitting the $123K all-time high. Liquidity is easing, and the Bull Score Index dipped from 80 to 60 — not a bear signal, but a pause in the uptrend. Long-term holders are still accumulating between $114K–$120K, positioning for the next play.

It’s not just BTC stealing the spotlight—altcoins have outperformed BTC for the 31st straight day, showing that while BTC is stable, speculative capital is flowing elsewhere.

All in all, Bitcoin’s still the anchor, but if liquidity and sentiment align, we could see BTC push past $120K soon.

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Vitalik Buterin urges Ethereum Layer 2 networks to cut withdrawal times under one hour, warning long waits undermine security and adoption.

Ethereum Withdrawals: Vitalik Buterin Pushes for Instant L2 Exits

ETH’s co-founder Vitalik Buterin is turning up the heat on Layer 2 (L2) networks 🚀. In a detailed post on X, Buterin said withdrawal times must drop below one hour — or risk undermining Ethereum’s entire security model.

Currently, many L2s require long wait periods before users can move funds back to Ethereum mainnet. This, Buterin warned, drives people toward multisigs and MPC-based shortcuts with “unacceptable trust assumptions.” He stressed that without faster exits, “we lose the point of L2s over separate L1s.”

The statement came just after L2BEAT confirmed Base, Optimism, Scroll, Unichain, Kinto, and Inco passed Stage 1 security requirements. While Buterin praised this progress, he said the real breakthrough will be fast, secure, and low-cost withdrawals.

ZK Proofs Could Change the Game

Buterin called for a pivot from optimistic proofs to ZK proofs, which can confirm transactions much faster without sacrificing security. He floated a 2-of-3 hybrid model combining ZK, OP, and TEE systems where two out of three (ZK, TEE) enable near-instant exits.

ZK-EVM proof tech is advancing quickly, with better formal verification tools now available. But Buterin admitted high gas costs for proof submission remain a challenge.

ETH’s price reacted positively, climbing 5.9% in 24H to $4,047.92. If L2s adopt Buterin’s withdrawal vision, it could supercharge user trust and Ethereum adoption worldwide.

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Conflux (CFX) has captured the crypto spotlight with a massive 200% rally, propelled by the rollout of its Tree-Graph 3.0 upgrade. The token now trades around $0.22, showing signs of forming a bull flag—a chart pattern that often hints at a continuation of bullish momentum.

The price action began in early July from a strong support at $0.0915 and has climbed rapidly since. With CFX testing resistance near $0.2508 (upper Bollinger Band), technicals suggest both opportunity and risk. The MACD indicator shows fading bullish strength as the histogram declines, hinting at a possible short-term pullback.

If CFX dips, immediate support lies around $0.1962, followed by a lower level at $0.1732. However, a decisive break above $0.2299 could propel the token past $0.2572 and even toward $0.28 in the coming days.

Trading volume has dipped slightly, which often precedes a consolidation or a reversal. Yet, renewed volume could reignite the rally. For now, all eyes are on whether this bull flag confirms an explosive breakout—or if the price correction is about to start.

CFX traders are walking a tightrope: bullish continuation or looming fade?

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A legendary piece of meme history is about to find a new home. The original pink hat worn by Achi, the Shiba Inu behind the iconic “Dogwifhat” meme, is now up for auction. With just hours left, the top bid has reached 6.8 BTC (approx. $791,248), submitted by a user named Finn.bags. The bidding started at just 0.00025 BTC on August 5 and could even close at 10 BTC.

The handcrafted wool hat, once a Christmas decoration, measures 12.5 x 12.5 x 10 cm and weighs only 0.09 kg. Included in the sale are high-res photos, a video from Achi’s owners, and a verification note.

The meme, born from a photo taken on November 17, 2018, helped inspire the viral $WIF coin—once boasting a multi-billion dollar market cap. To lock in its legacy, a photo of Achi and his parents was inscribed on the Bitcoin blockchain using Ordinals.

The hat is more than yarn—it’s internet culture frozen in time. With $WIF now trading at $0.909788, the Dogwifhat meme is more alive than ever.

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