According to @coinsph, BTC is in a recovery phase and is testing resistance to determine how far this bull market can extend, source: Coins.ph on X, Aug 11, 2025. ETH, SOL, XRP, and TRX have also bounced in price, indicating broader market strength, source: Coins.ph on X, Aug 11, 2025. The post urges traders to watch the charts and focus on resistance levels to gauge upside momentum in the current cycle, source: Coins.ph on X, Aug 11, 2025.

According to a crypto industry commentator, Bitcoin (BTC) surged 5.417% to $105,358.93 and Ethereum (ETH) jumped 11.381% to $2,443.08 in the last 24 hours, as per market data, driven by increased institutional interest from events like Bitcoin ETF approvals and corporate integrations. However, concerns about the dilution of cypherpunk values, such as Coinbase's political sponsorships (source: @Acyn tweet) and Ripple's lobbying efforts, could pose long-term risks to market trust and adoption, potentially affecting trading strategies amid high volumes like ETH's 381.938K trades.