Bitcoin briefly slid below $115,000 amid trade jitters and a mixed jobs report, underperforming its July highs near $120,000.
Ethereum, despite a 43 % rally in July, has stalled under $4,000 and teeters at $3,800 after a minor pullback on ETF outflows. With those giants on pause, analysts are eyeing a PayFi token that’s drawing real capital, Remittix (RTX).
Bitcoin’s inability to hold above $120,000 this week has traders questioning if the summer rally has run its course. On-chain metrics show exchange reserves ticking up as short-term holders offload, while futures premium has cooled, signs that the original store of value could underperform until fresh catalysts arrive.
Ethereum Price Prediction targets hinge on reclaiming and sustaining $4,000. ETF inflows topped $5.4 billion in July, fueling a surge from $2,800 to $3,940, but a sudden $152 million outflow on August 1 knocked the ETH price down. Spot exchange balances are hovering near nine-year lows, pointing to a potential supply squeeze.
Still, elevated futures open interest with flat funding implies positioning may be stretched. Technically, $3,900– $4,000 is the key level; a decisive push through opens $4,200, while rejection leaves 3,500 as the near-term downside magnet.
As Ethereum Price Prediction scenarios grow murky, Remittix (RTX) has become the analysts’ pick for August. RTX funding has surpassed $17.9 million this weekend, driven by a $250,000 community giveaway that boosted wallet registrations by 420 %. Live pilots in Ghana and Kenya have processed over $28 million in remittances, and CertiK audits have sealed institutional confidence.
Here’s why Remittix stands out:
Bitcoin’s summer pullback and Ethereum’s struggle at $4,000 spotlight the risks of chasing top-cap rallies this month. Remittix offers a compelling alternative: live PayFi infrastructure, audited security, aggressive community incentives and a clear roadmap with its Q3 2025 wallet beta launch.
As analysts name their #1 crypto pick for August, savvy traders may allocate a slice to Remittix, balancing ETH’s potential bounce with the token’s concrete growth milestones and real-world payment utility.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
The post Top Crypto Analysts Reveal Their #1 Pick For August And It’s Not Bitcoin Or Ethereum appeared first on Coindoo.
