The London session (Europe open · the liquidity hour) · updated 2026-08-25 08:01 UTC.
Bitcoin is back knocking on $80,000’s door on U.S. deregulation hopes, while oil holds steady as Washington’s Iran pressure campaign rumbles on — today’s tape continues the prior session’s story, not reverses it.
The scheduled window is light: Germany’s ifo Business Climate is the only entry, and it carries a low-impact tag, so headlines keep doing the heavy lifting. The barometer still tilts bullish-clear on BTC and ETH — BTC H4 RSI 71.2, ETH 65.0, open ground above. Gold keeps its D1/H4 uptrend but has cooled (H4 RSI 64.8, H1 48.3) after a -0.95% pullback — last session’s divergence warning is playing out as consolidation, not reversal. Oil stays the reversal story: soft RSI (H4 41.7, H1 39.4) and price 0.6 ATR under 84.25 resistance.
Watch sterling and dollar-yen: cable is bullish-leaning but mixed lower down, while USD/JPY is squeezed between 159.37 and 159.54 — a breakout is on the table. EUR/USD is the laggard, H1 RSI 40.8 and hugging 1.16573 support. If risk appetite extends, BTC clearing $80,000 is the tell; if momentum fades, gold losing 4627.72 is the first hint.
25 Aug 08:00 UTCEUR Low