Bitcoin is once again at a turning point as the market struggles to recover from heavy selling pressure. After losing the $115,000 level earlier this week, BTC is now fighting to hold $110,000, a threshold that many investors see as critical for maintaining short-term stability. The sharp drop has shaken confidence, with traders increasingly concerned about the possibility of a deeper correction if support fails. Related Reading: Aster Forms Bullish Hammer At Key Support – Reversal Setup? Market sentiment has shifted quickly from bullish optimism to caution, as volatility rises and momentum fades. The broader crypto market has mirrored Bitcoin’s moves, with altcoins also suffering significant declines. This phase of consolidation and retracement has left investors uncertain, unsure whether the recent dip represents a temporary pullback or the beginning of a larger corrective phase. Amid this turbulence, top analyst Darkfost highlighted a key onchain signal: it has been another painful day for short-term holders (STHs). Data shows that STHs realized losses of around 30,000 BTC in just one day. For many of the most recent buyers, unrealized profits have already evaporated, with some now selling at steep losses. Bitcoin STH Face Losses, But Market Outlook Holds Darkfost’s recent analysis highlights the mounting pressure on Bitcoin’s short-term holders (STHs). With BTC trading near $111,400, most of their unrealized profits have been nearly wiped out, leaving the newest market entrants facing realized losses. Data shows that STHs collectively absorbed an estimated 30,000 BTC in losses in a single day, underscoring the severity of the recent correction. For traders, this has been painful, but Darkfost argues it is actually constructive for the short-term outlook. He explains that when STHs capitulate, it often acts as a cleansing event for the market. Excessive leverage is flushed out, weak hands exit their positions, and the supply overhang diminishes. While “annoying in the very, very short term,” as Darkfost puts it, such resets typically create stronger foundations for the next move higher. This pattern has been observed in previous cycles, where brief periods of realized losses paved the way for sustained rallies once selling pressure subsided. At the macro level, conditions remain challenging as global markets digest tighter liquidity and slower economic growth. Still, many analysts believe Bitcoin is well-positioned in the long run, particularly as institutional adoption and regulatory clarity progress. In their view, current volatility may simply be part of the transition toward a healthier and more resilient market structure. Related Reading: Crypto Leverage Whipeout: $600M+ In BTC & ETH Longs Liquidated Price Analysis: Testing Support After Breakdown Bitcoin’s price action shows clear weakness after losing the $115K level, with the chart now testing support near $113K. The breakdown comes as the bullish momentum that fueled previous rallies fades, leaving BTC vulnerable to volatility. Currently, price trades below the 50-day moving average, signaling pressure in the short term. The 100-day SMA around $113,337 is now acting as a key support level, and its defense will be crucial to avoid a deeper correction. The recent drop highlights a rejection near the $123K resistance zone, where the market failed to build sustained momentum. If Bitcoin manages to hold above the $113K area, consolidation could follow before another attempt at recovery. However, a decisive move below this level risks exposing BTC to the $110K psychological level, where buyers are likely to step in. Related Reading: Tron Integration Marks Next Phase Of PayPal USD’s Multi-Chain Growth – Details Momentum indicators suggest the market remains in a corrective phase rather than a full reversal, with higher lows still intact from June levels. As long as BTC avoids a breakdown below $110K, the broader bullish structure remains valid. Traders will closely watch whether Bitcoin can stabilize above its current support or whether further selling pressure from long-term holders and broader market uncertainty drags it lower. Featured image from Dall-E, chart from TradingView
Bitcoin is trading above the $115K level as the market enters a decisive week, with attention squarely on tomorrow’s Federal Reserve meeting. Investors prepare for potential policy changes, as they expect the Fed to announce its decision on interest rates—an outcome that could set the tone for global markets in the coming months. Related Reading: Whale Unstakes 2M HYPE After 9 Months – $89.8M Profit On The Line Top analyst Axel Adler explains that Bitcoin’s price action reflects cautious optimism. Ahead of the FOMC meeting, BTC is locked in a narrow corridor of $114.6K–$117.1K, with its high/low levels gradually shifting upward. Adler points out that this structure suggests a constructive trend, indicating that buyers are slowly gaining the upper hand despite the lack of a decisive breakout. Currently, Bitcoin is holding in the upper third of its range, but without a strong impulse before the Fed event. This positioning reflects a market waiting for confirmation rather than aggressively speculating. Traders and long-term investors alike are watching closely, knowing that the Fed’s policy stance—whether a modest or aggressive cut—could spark volatility across risk assets. Bullish Sentiment Supports Breakout Scenario According to Axel Adler, bullish sentiment currently dominates the Bitcoin market, creating conditions that favor an upward breakout. Adler highlights that Advanced Sentiment sits at 68.8%, a level that is close to the upper boundary of High Bull Sentiment. This indicates that optimism is prevailing among traders and investors, with market psychology leaning heavily toward an expectation of higher prices. Such a backdrop provides a clear advantage should tomorrow’s FOMC outcome be interpreted positively by the market. Adler emphasizes that while the market remains in a consolidation range, bullish sentiment tilts the balance toward strength. When bullish sentiment rises to such elevated levels, it often signals that large participants are positioning themselves in anticipation of a breakout. Historically, similar sentiment dynamics have accompanied strong upward moves, especially when combined with supportive macroeconomic events. The Federal Reserve’s decision on interest rates is seen as the key trigger that could unleash this next leg higher. Even amid ongoing uncertainty and inherent volatility, most analysts align with Adler’s perspective that Bitcoin and the broader crypto market are setting up for higher levels. If the Fed confirms a moderate rate cut, it could provide the spark that aligns technical structure, sentiment, and macro drivers in favor of Bitcoin’s continuation toward uncharted highs. Related Reading: Dormant Bitcoin Moves Align With Recent Price Reactions: 7,547 BTC Awakens Bitcoin Price Analysis: Sideways With Bullish Bias The 8-hour chart of Bitcoin shows the price currently trading at $116,607, consolidating near short-term highs after a steady recovery from early September’s dip around $110K. This sideways price action is forming just below the major resistance zone at $123,217, which remains the key breakout level for bulls. The moving averages provide important context: the 50 SMA has turned upward, signaling renewed momentum, while the 100 SMA is flattening, and the 200 SMA still acts as a deeper support at $115,387. Bitcoin holding above these averages reinforces the constructive setup, with buyers continuing to defend key levels. Related Reading: Bitcoin Risk Index Signals Stability: All Eyes On Fed Decision The narrow range between $114.6K and $117.1K highlights indecision ahead of tomorrow’s FOMC meeting. A break above $117.5K would increase the probability of a retest toward $123K, while a drop below $114K could expose Bitcoin to deeper corrections around $112K–$113K. Overall, the chart suggests that Bitcoin is in a sideways consolidation with a bullish bias. Momentum remains constructive, but a decisive move will likely depend on the Federal Reserve’s decision. Traders are watching for a breakout confirmation, as the current positioning favors bulls but leaves room for volatility. Featured image from Dall-E, chart from TradingView
Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve meeting. Investors widely expect a rate cut, but the size of the move remains the key question shaping sentiment. Related Reading: Three Whales Buy $205M Ethereum From FalconX: Institutional Flows Accelerate If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin, without sparking fears of deeper economic weakness. Such a move would likely reinforce confidence in a controlled transition toward easier monetary policy. On the other hand, a 50 basis point cut could send a very different signal. While it may initially provide liquidity relief, markets could interpret it as a sign of serious underlying fragility in the economy. That scenario risks triggering panic, especially if investors fear the Fed is reacting to problems worse than expected. Bitcoin Holds Key Levels Ahead Of Fed’s Decision According to top analyst Axel Adler, Bitcoin is showing signs of resilience as it trades at the upper boundary of its channel near $116,400, supported by a sustained bullish momentum score of 0.8. This score, which reflects the balance of market forces, suggests that despite recent volatility, Bitcoin’s structural strength remains intact. Adler notes that the market is heavily driven by expectations of a rate cut, which has injected confidence into risk assets. The timing of this setup could not be more critical, with the Federal Reserve set to announce its interest rate decision on September 17, 2025, at 2:00 PM Eastern Time. Interestingly, while Bitcoin has held its ground at key resistance levels, altcoins have started to show strength independently for the first time in months. This decoupling suggests that capital rotation is taking place, with investors diversifying beyond Bitcoin. As liquidity expands, this dynamic could mark the start of a new market phase, where both Bitcoin and altcoins drive momentum instead of BTC alone. Related Reading: Bitcoin Crawls Up On Weak Supply: 30D Momentum Reveals It Lacks Real Demand Testing Key Resistance Levels Bitcoin is currently trading around $114,938, showing consolidation just below the $116,000 resistance zone. The chart highlights a notable rebound from early September lows near $110,000, with BTC climbing steadily back into its mid-range. Price is now attempting to hold gains above the 50-day moving average (blue line) and is hovering around the 100-day (green line) and 200-day (red line) moving averages, which are converging and creating a dense resistance cluster. This setup reflects a tense balance between bulls and bears. Bulls have managed to protect $110,000 and push BTC higher, signaling renewed strength. On the other hand, BTC has repeatedly failed to establish momentum above $116,000, a level that must be cleared decisively to target the major resistance near $123,217, marked on the chart as the next critical upside barrier. Related Reading: Dormant Bitcoin Waking Up: Over 600K BTC Moved Onchain In Weeks The current sideways structure suggests a drift phase, with traders waiting for catalysts such as the upcoming Fed rate decision. A successful breakout above $116,000 could reignite momentum toward $120,000 and beyond. However, failure to hold above the 50-day SMA risks a retest of $112,000 or even $110,000 support. For now, Bitcoin remains range-bound, but pressure is building for a directional move. Featured image from Dall-E, chart from TradingView
Bitcoin is trading at a critical level after a quiet weekend, with bulls managing to defend key supports but struggling to generate fresh upside momentum. The market remains tense as investors await the US Federal Reserve’s interest rate decision scheduled for this Wednesday. A potential 25-basis-point cut is widely anticipated, which many see as a sign of a gradual pivot rather than an aggressive measure. Such a move could spark optimism across risk assets, including crypto, as it signals a more supportive monetary environment without triggering fears of economic distress. Related Reading: Three Whales Buy $205M Ethereum From FalconX: Institutional Flows Accelerate For Bitcoin, the focus is on whether it can sustain its position above critical price levels while macroeconomic factors shape broader sentiment. Data from CryptoQuant shows that BTC is increasingly shifting into “HODL mode,” with supply moving off exchanges and into long-term storage. This pattern suggests that conviction-driven holders are accumulating rather than selling, reducing available liquidity on the market. The combination of macro catalysts and strengthening onchain fundamentals sets the stage for a pivotal week. If Bitcoin holds its ground through the Fed’s announcement, the groundwork could be laid for renewed momentum once volatility surrounding the decision begins to fade. Bitcoin Spot Volumes Halve Bitcoin enters a decisive week with a striking shift in market behavior. Top analyst Axel Adler shared insights showing that in January 2025, spot trading volumes peaked at $636 billion, but by August, that figure had nearly halved to $322 billion. This sharp decline in trading activity on centralized exchanges (CEXs) underscores a market in transition, with participants moving away from active speculation and into what Adler describes as “HODL mode.” The drop in volumes reflects a broader cooling of short-term trading enthusiasm. Investors appear less inclined to chase rapid price moves, instead opting for long-term accumulation strategies. Exchange data supports this, showing consistent outflows as Bitcoin is withdrawn into private wallets and cold storage. Such behavior indicates a growing conviction that BTC’s value lies in its long-term potential rather than short-term trading gains. For Bitcoin, the combination of halving spot activity and mounting anticipation for the Fed’s move creates a tense equilibrium. On one hand, reduced selling pressure from sidelined traders supports price stability. On the other hand, thin liquidity raises the risk of sharper swings once volatility returns. As Bitcoin holds near critical levels, the coming days may determine whether this HODL-driven environment provides the foundation for resilience—or if macro forces spark a more dramatic revaluation across the crypto market. Related Reading: Bitcoin Crawls Up On Weak Supply: 30D Momentum Reveals It Lacks Real Demand Technical Details: Holding Key Demand Bitcoin is currently trading near $114,987, showing signs of consolidation after its recent bounce from early September lows around $110,000. The daily chart highlights that BTC has reclaimed both the 50-day SMA at $114,399 and the 100-day SMA at $112,681, strengthening the short-term bullish outlook. These moving averages now serve as immediate support levels, indicating that buyers are regaining momentum. The key resistance remains at $116,000–$117,000, where BTC has struggled to establish a sustained breakout. A successful close above this zone would clear the path toward retesting the cycle high at $123,217. This level has been a major barrier since July and will be the defining hurdle for bulls in the weeks ahead. Related Reading: Bitcoin Holds 4% Above STH Cost Basis As Mature Bull Cycle Demands Discounts On the downside, support is around $112,500, aligning with the 100-day SMA. A break below this level could reopen the risk of a retest of $110,000, which has acted as a critical floor. The 200-day SMA at $102,652 remains the ultimate safety net in case of deeper corrections. Featured image from Dall-E, chart from TradingView
Bitcoin is facing renewed volatility after losing the $110,000 level just a few days ago, a breakdown that has fueled uncertainty across the market. Bulls are attempting to reclaim this crucial support, but fear of a deeper correction continues to weigh heavily on sentiment. With every failed rebound, traders are left questioning whether this pullback is simply a pause within the broader uptrend or the beginning of a larger downtrend. Related Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Crypto analyst Darkfost has shared new data providing context for the current environment. Since Bitcoin’s most recent all-time high near $123,000, the asset has retraced by roughly -12%. According to Darkfost, this move remains well within the boundaries of a normal correction, especially when compared to historical pullbacks in previous bull cycles. Such corrections are often healthy, serving to reset leverage, cool overheated sentiment, and create fresh entry points for long-term investors. While uncertainty remains in the short term, history suggests that Bitcoin’s current retracement does not necessarily signal the end of the cycle. Instead, it may represent a period of stabilization before the next major move. Bitcoin Correction Aligns With Historical Patterns According to Darkfost, Bitcoin’s current retracement should be viewed within the broader context of this cycle rather than as a sign of structural weakness. Looking more closely, since the first all-time high in March 2024, the largest drawdown recorded so far reached 28%. Importantly, Bitcoin has not corrected more deeply than that throughout the ongoing bull market. Historically, the most severe pullbacks in bullish phases have averaged between -20% and -25%, placing the present move well within the expected range. With Bitcoin now down roughly 12% from its latest all-time high of $123,000, the retracement is still modest compared to prior cycle corrections. Darkfost emphasizes that this behavior is not unusual and could even extend further without breaking the underlying bull trend. In fact, such drawdowns are often healthy and necessary in long-term uptrends. They serve several functions: flushing out excessive leverage in the derivatives market, cooling down overheated sentiment, and shaking out short-term speculators. At the same time, they create new entry opportunities for investors who may have missed earlier stages of the rally. For long-term holders and institutions, these phases are less about panic and more about preparation. Historically, similar corrections have preceded renewed strength, as Bitcoin stabilizes before resuming its upward trajectory. If the current pattern holds, this retracement may ultimately strengthen the market foundation, setting the stage for the next leg of growth. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April Testing Recovery Level After Deep Pullback Bitcoin is attempting to recover after a sharp correction that took the price down to the $108K region. As shown in the chart, BTC recently bounced back above $110K but continues to struggle to sustain momentum. The rejection from the $123K zone marked the cycle’s most recent all-time high, and the market has since been in a retracement phase. The 12-hour chart highlights how BTC dipped below its 200-day moving average (red line) but quickly rebounded, signaling that bulls are still defending this crucial support. The 50-day (blue) and 100-day (green) moving averages, however, are trending downward, suggesting that pressure remains in the short term. BTC will need to reclaim the $112K–$115K zone to shift sentiment back toward bullish momentum. Related Reading: Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility On the downside, losing the $108K level could open the door to a deeper correction toward $105K or even the $101K region, where the 200-day MA sits as the last line of defense. Bitcoin is consolidating in a fragile position. A decisive move above $115K could reignite bullish momentum, but failure to hold current support may confirm a prolonged correction phase before any attempt at a new all-time high. Featured image from Dall-E, chart from TradingView
Bitcoin is trading around $111,000 after several days of losing ground below its all-time high of $124,500. Bulls have managed to keep the price above the key $110,000 support, but momentum remains weak as attempts to push higher continue to fail. Some analysts warn of a deeper correction ahead if buyers cannot step in with stronger conviction. Related Reading: Ethereum Faces Risk As Binance Leverage Ratio Skyrockets To Record Levels Top analyst Axel Adler shared new insights, pointing to the behavior of Bitcoin’s annual Adjusted MVRV. Currently, the metric has pressed against the 1.0 zone, meaning the short-term average (30-day) is almost identical to the longer-term average (365-day). In practice, this shows that the market is in a balancing phase: recent profit-taking and volatility are being absorbed by the longer-term growth trend, keeping the overall structure neutral. Historically, this 1.0 level has often represented a pause within bullish cycles rather than the end of them. It signals that the market is digesting recent gains as short-term holders hand coins to longer-term investors. Whether Bitcoin breaks down to test lower demand zones or stabilizes before another leg higher will likely be decided in the coming weeks, as traders closely watch this critical support zone. Bitcoin Adjusted MVRV Signals Pause, Not Reversal According to Adler, Bitcoin’s annual Adjusted MVRV is currently pressed right at the 1.0 zone, and the dynamics behind it tell an important story. The annual basis remains positive, and its curve looks largely horizontal because two opposing forces are offsetting each other. On the one hand, the 30-day metric has cooled significantly as volatility eased and profit-taking slowed after the latest push to all-time highs. On the other, the heavier 365-day average still reflects the gains of past months, holding up the broader trend. This synchronization between numerator and denominator compresses the difference, keeping the basis line steady rather than sliding downward or accelerating upward. In simple terms, the market is digesting the previous rally rather than breaking down. Adler stresses that this situation at the 1.0 zone should not be mistaken for the end of a cycle. Instead, it represents a pause within an ongoing bullish structure. As long as the annual basis does not reverse downward, the market is essentially redistributing coins from short-term speculators into the hands of more patient holders. There are no strong signs of capitulation, only consolidation. Over the next couple of weeks, the reaction at 1.0 will be critical. Whether Bitcoin holds firm and builds momentum or slips toward deeper corrections will define the next phase. For now, Adler sees this as more a matter of time and balance than a warning of a cycle-ending reversal. Related Reading: Bitcoin STH Cost Basis Aligns With Critical Indicator: Support Builds Around $100K Level BTC Testing Support Around Pivotal Level Bitcoin continues to consolidate after a sharp retrace from its all-time high of $124K, now trading near $110,823. The daily chart shows BTC struggling to hold above the $110K support zone, which has become a key battleground for bulls and bears. The 50-day SMA is trending around $116,600, while the 100-day SMA is near $111,600—levels that are now acting as resistance. Meanwhile, the 200-day SMA sits lower at approximately $101,000, marking the deeper structural support. A decisive loss of the $110K zone could accelerate selling pressure, potentially leading Bitcoin to test the 100K–107K support range, a critical confluence highlighted by analysts due to the alignment with the STH Realized Price. Related Reading: Bitcoin CEX Netflows Still Green Despite Large Sellers Rotating To Ethereum On the upside, Bitcoin must reclaim the $115K–$117K region to shift momentum back in favor of bulls. Failure to do so risks further consolidation and market uncertainty. The rejection at the $123K level last week highlighted strong overhead resistance, with sellers stepping in aggressively. Featured image from Dall-E, chart from TradingView
Bitcoin remains trapped in a tight consolidation range that began over two weeks ago, fueling expectations of an imminent breakout or breakdown. The lack of decisive movement has created a state of market indecision, with neither bulls nor bears taking full control. Price continues to hover between key support and resistance levels, showing no strong signs of accumulation or distribution. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle According to new data from CryptoQuant, the Bitcoin Heat Macro Phase—a metric that reflects the overall temperature of the market—currently sits at a neutral level. This indicates that market conditions are balanced, with no clear dominance from buyers or sellers. Profit-taking remains moderate, ETF inflows have slowed, and long-term holder activity is stable, all of which support the view that the market is in a wait-and-see mode. The current structure suggests that a major move is likely approaching. With volatility compressed and the market treading water, traders and investors are closely watching for a signal that will define the next leg. Whether Bitcoin breaks out toward new highs or rolls over into a correction, the coming days will be crucial in shaping the short-term trend and broader sentiment across the crypto landscape. Bitcoin Heat Macro Phase Signals Neutral Market Top analyst Axel Adler recently shared insights into the Bitcoin Heat Macro Phase—a metric that condenses several key market indicators into a single scalar value, offering a simplified yet powerful view of where Bitcoin stands in its broader macro cycle. The metric combines data points such as overvaluation assessments, profit-taking activity, long-term holder (LTH) selling pressure, and ETF inflows to gauge whether the market is overheated or entering a favorable accumulation zone. When the Heat Macro Phase reaches high values near 50%, it typically signals that these components are at their upper historical bounds—suggesting an overheated market that may be nearing a distribution phase or a correction. Conversely, readings closer to 30% reflect cooler market conditions: lower profit-taking, modest ETF activity, and minimal LTH selling. These scenarios often indicate that the market is undervalued and ripe for accumulation. Currently, the Bitcoin Heat Macro Phase sits at 44%, putting it squarely in the neutral zone. Adler explains that this level reflects a balanced market environment—neither overbought nor undervalued. There’s no clear dominance by bulls or bears. Profit-taking is beginning to accelerate, but it hasn’t reached a level that would suggest a broader exit is underway. This mid-range reading aligns with Bitcoin’s recent price action, which has remained in a tight consolidation for over two weeks. As the metric hovers in neutral territory, it reinforces the idea that the next significant move—whether upward toward new highs or downward in a correction—will depend entirely on upcoming price behavior. For now, the Bitcoin Heat Macro Phase acts as a market barometer, signaling patience as investors wait for the next breakout or breakdown to confirm direction. Related Reading: Bitcoin Demand Builds at $117K: Cost Basis Distribution Defines Key Support Level BTC Price Action Details: Tight Consolidation Bitcoin continues to consolidate between well-defined support and resistance levels, currently trading at $118,269.81 on the 12-hour chart. The price action has remained confined within a horizontal range, with upper resistance at $122,077 and strong support at $115,724. This range has persisted for over two weeks, reflecting a phase of indecision where neither bulls nor bears have asserted dominance. The 50, 100, and 200 SMAs—located at $116,342, $111,334, and $106,668, respectively—are all trending upward, suggesting that the broader structure remains bullish. BTC is currently trading above all key moving averages, which are acting as dynamic support. However, volume has decreased significantly, indicating a lack of conviction from both sides of the market. Related Reading: Abraxas Capital Faces $100M Unrealized Loss On $800M Crypto Short Positions – Details The tightening structure suggests that a breakout is approaching. If buyers manage to push BTC above $122K with strong volume, the next leg higher toward new all-time highs could follow. On the other hand, a breakdown below $115K would invalidate the current setup and open the door to a deeper correction. Featured image from Dall-E, chart from TradingView
The Bitcoin Stablecoin Supply Ratio (SSR) points at thinning liquidity in the sector, potentially explaining the consolidation in the asset’s price. Bitcoin SSR Rose Alongside The Earlier Price Surge As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin SSR has witnessed an increase recently. The “SSR” here refers to an indicator that measures the ratio between the market cap of Bitcoin and that of the stablecoins. Related Reading: Bitcoin Open Interest Sets New Record As Price Plunges To $115,000 Stablecoins are cryptocurrencies that peg themselves to the price of a fiat currency, with USD-based tokens being the most popular. Investors generally use stables when they want to escape the volatility associated with other digital assets like Bitcoin. Many holders who keep their capital stashed away in stablecoins, however, eventually plan to re-invest into volatile coins. As such, some view the supply of these cryptocurrencies as a measure of the ‘dry powder‘ available in the sector for BTC and other assets. Since the SSR compares the market cap of Bitcoin against this dry powder, it tells us about which part of the sector investor capital is dominating right now. When the metric goes up, it means that capital is transferring from stablecoins to BTC or if both are receiving inflows, that the latter is just seeing more of them. In either case, relative dry powder is going down. Similarly, the metric registering a decline implies capital is shifting towards stables. Such a trend can be a sign that investors have more purchasing power relative to BTC’s market cap. Now, here is a chart that shows the trend in the Bitcoin SSR over the last few months: As displayed in the above graph, the Bitcoin SSR tracked the earlier BTC price surge almost 1:1, indicating that the increase in the asset’s market cap outpaced any rise in stablecoin liquidity. Since the peak in the cryptocurrency’s price, the indicator has declined a bit, but its value still remains at a significant level of 18.8. This means that the asset’s total value is currently 18.8 times the supply of the stablecoins. “This indicates a temporary saturation in the market unless we see additional stablecoins entering,” notes the quant. The recent high values in the Bitcoin SSR may at least be in part behind the consolidation that the cryptocurrency has been facing. Related Reading: This Bitcoin Metric Often Flags Turning Points—What’s It Saying Now? It now remains to be seen where the metric would go next. A drop in its value would naturally suggest stablecoins are witnessing inflows, which could potentially set up the next leg in the BTC rally. BTC Price Bitcoin briefly declined below $115,000 on Friday, but the coin has since bounced back as its price is now trading around $118,800. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both technical and on-chain fundamentals point to a potential surge in volatility. Related Reading: Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record According to data from CryptoQuant, a key long-term metric—the Monthly Cumulative Days Destroyed (CDD) to Yearly CDD ratio—has reached an anomalously high level of 0.25. This is occurring within the $106,000 to $118,000 price range, a zone that has seen heavy long-term holder activity. Historically, similar CDD spikes were observed during the 2014 macro peak and the 2019 corrective phase, both of which marked periods of intense market distribution. This unusual on-chain behavior reflects heightened movement of long-dormant coins, suggesting that experienced holders may be taking profits at current levels. While this doesn’t confirm an immediate trend reversal, it reinforces the idea that Bitcoin’s current consolidation is a critical inflection point—one that could either lead to renewed upside or trigger a deeper correction if bulls fail to regain momentum soon. Long-Term Holders Begin Distributing, But Rally Still Intact Top analyst Axel Adler has shared insights highlighting a key shift in Bitcoin market behavior: the sharp rise in the Monthly CDD to Yearly CDD ratio indicates that long-term holders (LTHs) are beginning to actively move dormant coins back into circulation. Historically, such elevated CDD levels have marked periods of heightened activity from experienced investors, often signaling a distribution phase where profits are realized after prolonged holding. These spikes are significant because they suggest that coins held for years are now re-entering the market. According to Adler, this kind of activity isn’t random—it typically comes from holders with deep market knowledge who recognize potential turning points. However, this doesn’t necessarily mean the rally is over. While it may cap short-term upside and introduce volatility, current macro and institutional trends provide a solid counterbalance. Treasury demand remains strong, and Bitcoin ETF inflows are still flowing steadily, acting as a buffer against excessive downward pressure. This structural support is crucial in maintaining overall bullish momentum, even as some distribution unfolds. Related Reading: Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside Sideways Movement Persists Below $120K Resistance Bitcoin (BTC) continues to consolidate in a tight range, as shown in the 12-hour chart. Price action remains compressed between the $115,724 key support and the $122,077 resistance level. After a strong impulse earlier this month, momentum has clearly cooled, with BTC now oscillating within this horizontal channel for over 10 days. Notably, the price is currently hovering near $118,500—right around the 50-period moving average (blue), which has acted as dynamic support since early July. The 100-period (green) and 200-period (red) moving averages remain well below the current price, indicating that the broader trend remains bullish despite the pause in upward movement. Related Reading: Ethereum Big-Money Flow Hits 3-Year High With $100B In Weekly Volume However, volume has steadily declined during this consolidation phase, signaling indecision and a potential lack of conviction among buyers at current levels. A breakout above $122,000 could renew bullish momentum, opening the door for a run toward new highs, while a breakdown below $115,700 would expose BTC to deeper retracement levels, likely targeting the 100 MA near $109,800. Featured image from Dall-E, chart from TradingView
Bitcoin is currently holding above the $115,000 level after setting a new all-time high of approximately $123,000 last Monday. The price structure remains firmly bullish, with buyers still in control, but growing signs suggest the potential for a short-term correction. Momentum has slowed, and the market is entering a consolidation phase as traders reassess risk. Related Reading: Coinbase Premium Signals Aggressive Ethereum Accumulation: Institutional Demand Accelerates According to new data from CryptoQuant, Bitcoin miner selling has surged sharply. On July 15, the same day Bitcoin reached its latest peak, daily BTC inflows to exchanges jumped from 19,000 BTC to 81,000 BTC — a clear sign that major holders, including miners and whales, took advantage of high prices to offload assets. Notably, miner outflows spiked to 16,000 BTC, the highest daily level since April, and nearly all of it was sent directly to exchanges. These inflows suggest a shift in sentiment among large players, raising the probability of increased supply pressure in the short term. While the broader trend remains intact, and fundamentals like long-term holder activity are still strong, the spike in exchange deposits is a classic signal to watch. Whether this leads to a deeper pullback or simply a healthy reset will likely be decided in the coming days. Miners Take Profits As Bitcoin Hits All-Time High Fresh data from CryptoQuant reveals that Bitcoin miners have resumed aggressive selling behavior as BTC reached a new all-time high of ~$123,000. On July 15, miner outflows spiked to 16,000 BTC — the highest single-day total since April 7. This level of activity represents what analysts at CryptoQuant describe as an “extreme outflow,” indicating that miners seized the opportunity to take profits at elevated prices. The miners sent nearly all the BTC they withdrew from their wallets directly to centralized exchanges. This reinforces the interpretation that the move was not simply a strategic reallocation but an active decision to sell into market strength. Such behavior often signals growing caution among miners, who may expect either near-term price exhaustion or are simply capitalizing on favorable conditions after months of holding. Miner behavior has long been viewed as a leading indicator of potential market shifts. When outflows rise — particularly to exchanges — it tends to precede increased volatility or temporary tops. While the broader Bitcoin trend remains bullish and investor demand stays strong, this wave of miner selling injects a dose of uncertainty. Related Reading: Ethereum Enters Top 30 Global Assets With $416B Market Cap – What’s Next? BTC Consolidates Below ATH After Explosive Rally The daily chart of Bitcoin (BTC/USD) shows price consolidating in a tight range between $115,730 and $123,230 after reaching a new all-time high. This zone is now acting as a short-term channel, with buyers defending the $115K area while facing resistance around $123K. The latest daily candle shows low volatility, suggesting indecision among traders as Bitcoin pauses after its recent breakout. Volume has tapered off following a massive spike that coincided with the all-time high breakout, a potential signal of exhaustion or reduced participation from large buyers. The 50-day simple moving average (SMA) at $108,796 remains well below the current price, confirming the bullish momentum is still intact, but any breakdown below the $115K level could bring the 50-day SMA into focus as a potential support. Related Reading: All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now So far, the trend structure remains bullish, but with a growing number of analysts pointing to miner sales and whale activity, traders are closely monitoring price action for signs of a pullback or renewed breakout. If BTC can reclaim $123,230 with volume, the next leg up could follow. Until then, this consolidation may serve as a healthy cooldown before the next major move. Featured image from Dall-E, chart from TradingView
Data shows the Bitcoin Fear & Greed Index has returned back to the neutral territory, a sign that investors are losing optimism. Bitcoin Fear & Greed Index Has Reset Back To Neutral The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets. Related Reading: Dogecoin Gears Up For 60% Move—Will It Be Up Or Down? The index makes use of the data of these five factors in order to determine the trader mentality: trading volume, market cap dominance, volatility, social media sentiment, and Google Trends. The indicator represents the calculated sentiment as a score lying between zero and hundred. Values above the 54 mark correspond to the dominance of greed in the market, while those below 46 to presence of fear among the investors. All values lying between these cutoffs correlate to a net neutral sentiment. Now, here is how the mood in the Bitcoin market is like right now according to the Fear & Greed Index: As is visible above, the Bitcoin Fear & Greed Index has a value of 54 at the moment, which suggests the investors hold a neutral sentiment, although one that’s right on the edge of turning into greed. The recent neutral mentality in the sector has come following a phase of greed among the traders, as the below chart shows. As displayed in the graph, the Bitcoin Fear & Greed Index spiked to a high of 72 earlier in the month as the asset’s price gave investors hope that its consolidation phase might be coming to an end. As the recovery rally has fizzled out and the coin has returned to its range, however, optimism among the investors has predictably faded. If history is to go by, though, this development may not actually be so bad for the cryptocurrency. Generally, digital asset markets tend to move in a way that goes contrary to the expectations of the majority. The probability of such an opposite move taking place goes up the more extreme the crowd opinion becomes. Besides the three core sentiments, there are two special regions known as the extreme fear (under 25) and extreme greed (above 75). These zones are where the likelihood of a contrary move has been the strongest in the past, with tops and bottoms often taking form. Although the market sentiment has recently only seen a reset to the neutral territory, the fact that the investors are no longer greedy could still be a positive for Bitcoin and other cryptocurrencies. There have been many instances in the past where a dip into the neutral zone was enough for the bull run to regain momentum. Related Reading: Solana Plunges 13%: Can Key On-Chain Support Stop The Fall? It only remains to be seen, though, how the prices of BTC and others would develop in the coming days. BTC Price At the time of writing, Bitcoin is floating around the $102,800 mark, down more than 2% in the last seven days. Featured image from Dall-E, Alternative.me, chart from TradingView.com
Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout. The price was testing crucial supply between $98K and $100K when the market was hit by negative news, adding further uncertainty. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore On Friday, the cryptocurrency exchange Bybit suffered a massive hack, with $1.4 billion in ETH stolen. The incident triggered fear among traders, leading to increased volatility across the crypto market. However, Bybit responded quickly, working to reassure investors and prevent further market-wide panic. As Bitcoin remains range-bound, price compression is becoming extreme, indicating that a major move could be coming soon. Top analyst Big Cheds shared an analysis on X, revealing that Bitcoin is facing its tightest daily Bollinger Bands (BBs) since August 2023, when the price was at $29.5K. Historically, such low volatility phases lead to explosive price movements, making BTC’s next move critical. Bitcoin Price Action Signals Imminent Breakout Bitcoin has struggled below the $100K mark since late January, with bulls unable to confirm a recovery rally despite multiple attempts. At the same time, bears have failed to push BTC below key demand levels, keeping the price above $90K. This ongoing battle between supply and demand has created an uncertain short-term outlook, leaving the market waiting for a catalyst to determine the next move. The lack of directional clarity has led to Bitcoin consolidating in a tight range, signaling an upcoming breakout. Big Cheds’ insights on X reveal that Bitcoin now has its tightest daily Bollinger Bands (BBs) since August 2023, when BTC was trading at $29.5K.The last time BTC saw this level of price compression, the market experienced an aggressive price drop before a long accumulation phase that eventually led to a recovery. With BTC now coiling up for another breakout, traders remain cautious about the direction of the move. If BTC reclaims $100K, an explosive rally into price discovery could follow. However, a breakdown below $94K–$90K could trigger deeper corrections, making the next few days critical for the market. Related Reading: Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst If history is any indication, this period of low volatility is unlikely to last much longer. The market is preparing for a major move, and traders are closely watching key resistance and support levels for confirmation. With Bitcoin’s supply on exchanges at historically low levels and long-term holders showing resilience, a breakout above $100K could spark a new wave of buying pressure. BTC Struggles After Volatile Friday Bitcoin is trading at $96,000 after a highly volatile Friday, where the price spiked to $99,500 before dropping to $94,800 following news of the Bybit hack. This sudden price action unsettled investors, as BTC failed to hold above critical supply levels and experienced a rapid selloff. Now, bulls must defend the $95K level throughout the weekend to prevent further downside. Holding this level would signal strength and allow BTC to push toward the $98K resistance, a key area that needs to be reclaimed for a breakout attempt above $100K. However, losing the $95K mark could trigger a breakdown into lower demand levels, potentially retesting the $94K or even $90K zones. Market sentiment remains divided, as BTC is showing signs of compression, typically leading to an aggressive move in either direction. Related Reading: Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday? For now, all eyes are on whether Bitcoin can reclaim $98K and sustain momentum, or if bears will push the price into deeper corrections. The weekend could be critical in determining the next major trend, as BTC remains stuck in a tight range between $94K and $100K with increasing volatility. Featured image from Dall-E, chart from TradingView
Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Related Reading: Shiba Inu (SHIB) Ready To Roar! Analyst Calls For A 200% Spike Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge in the last two weeks, jumping 32% to the $89,000-$90,000 price range. BTC’s remarkable performance saw it soar 11% last Monday, preparing the ground for its eventual surge toward its latest ATH of $93,400 two days later. Since then, Bitcoin’s price has hovered between the $89,000-$92,000 range, briefly falling to $87,000 last Friday. Over the weekend, the flagship crypto continued to move within this rage, registering its largest weekly close in Bitcoin history. Crypto analyst Rekt Capital pointed out that BTC is barely starting its “parabolic phase,” noting that week three of the cycle’s “first price discovery uptrend” started today. The analyst explained that, historically, BTC has seen around 300 days of parabolic run each cycle, with the first major pullback coming over a month after entering price discovery mode. Per the post, it took six weeks before the flagship crypto’s first major pullback in 2013. In 2017, BTC rallied for eight weeks before registering a deeper pullback. Meanwhile, it soared for four weeks before experiencing a major retrace in the 2020-2021 cycle. Based on this, the analyst considers that “history suggests there’s more upside to come and that the first Price Discovery Correction is still weeks away.” Is A Move Massive Move Coming This Week? Ali Martinez noted that Bitcoin seems to be repeating 2020’s pattern. In 2020, after breaking its previous ATH of $19,700, BTC rose 26% and consolidated for a week. Following its consolidation, BTC jumped 66% toward $40,000 in the next two weeks. Martinez pointed out that Bitcoin has risen 28% since surpassing its March ATH and has been consolidating for nearly a week. This suggests that the cryptocurrency’s price could be getting ready for a substantial surge in the following days, potentially hitting the $100,000 mark this week. Crypto Yapper, another market watcher, stated that Bitcoin will likely make a “massive move” soon. The analyst highlighted the flagship crypto’s consolidation, noting the significant price action around the $89,000-$90,000 mark. Related Reading: Bitcoin Bulls Aren’t Backing Down: Rally Continues? This horizontal level acted as a key resistance zone earlier last week but has been confirmed as support throughout the past five days. As Bitcoin retested the $91,000 earlier today, the analyst also pointed out its price could continue the bullish trajectory and aim for a new ATH around $95,000. Additionally, BTC started the week breaking out of a one-week symmetrical triangle pattern. To Crypto Yapper, this is a “typical continuation pattern” for the cryptocurrency, which suggests that Bitcoin is set to continue its climb if the breakout is confirmed throughout the day. The analyst stated that BTC’s continuation of its uptrend could hit $100,000 by Sunday. As of this writing, Bitcoin is trading at $90,260, a 10% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could be on the horizon. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation Key data from CryptoQuant reveals that Bitcoin miners have sold over 3,000 BTC in the past 48 hours. This wave of miner profit-taking often signals a cooling phase, as it introduces additional supply into the market. While the selling activity is not uncommon during periods of strong price action, it could lead to a short-term consolidation phase below the all-time high of $93,400 set earlier this week. Despite this, Bitcoin’s ability to hold above $90,000 highlights strong underlying demand and robust market sentiment. Investors and analysts are closely watching the coming days to see if Bitcoin can absorb this selling pressure and maintain its bullish trajectory. Bitcoin Looks Very Strong Bitcoin’s price action has remained robust, breaking all-time highs multiple times over the past 11 days and reaffirming its bullish momentum. However, after such an aggressive upward movement, the market appears to be entering a period of consolidation as some investors and entities lock in profits. Crypto analyst Ali Martinez shared key data on X that highlights that Bitcoin miners have sold over 3,000 BTC in the past 48 hours, valued at approximately $273 million. This selling activity suggests that miners, typically long-term holders, are taking profits amid the recent surge. Such moves are common during strong bull runs and can indicate that market participants anticipate a short-term price plateau or retrace. While miner selling is a natural part of market dynamics, sustained activity of this kind could signal a shift in sentiment. If selling pressure persists, it might push Bitcoin toward lower demand zones, providing potential re-entry opportunities for sidelined investors. Related Reading: Solana About To Target $250 If It Breaks Key Supply Level – Analyst Currently, Bitcoin’s ability to absorb this selling pressure will determine whether the current bullish trend remains intact. A brief consolidation phase may be beneficial, allowing the market to establish a stronger foundation for the next leg up. For now, investors are closely watching key levels to gauge the potential for continued growth or a deeper correction. BTC Holds Steady Above $90,000 Bitcoin is currently trading at $90,600 after a volatile few days that saw its price range between its all-time high of $93,483 and a local low of $86,600. This consolidation comes after aggressive bullish momentum that set new records, leaving investors and analysts watching the next moves closely. Despite the recent cooling off, Bitcoin’s price action remains strong, supported by increasing demand and overall bullish sentiment. If Bitcoin can hold above the $86,000 level over the next few days, a renewed surge to challenge and potentially surpass its all-time high seems plausible. The market has shown resilience, with fresh demand continuing to emerge even as minor profit-taking occurs. Related Reading: XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target However, there is a risk of a deeper retracement. Should Bitcoin lose support at $86,000, it would likely test lower demand levels, searching for a strong base to fuel its next upward move. Key support zones could provide the foundation for renewed buying interest and set the stage for the next bullish phase. Featured image from Dall-E, chart from TradingView
Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market. Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback or stabilization below the $90,000 mark. Related Reading: Dogecoin Could Target $2.4 If Price Aligns With Macro Pattern – Details This week will be pivotal in determining Bitcoin’s next steps as traders and investors watch if BTC will hold near the $90,000 supply level or retreat to test support around $80,000. With strong market fundamentals and continued interest from bullish investors, the potential for another rally remains high. However, a short consolidation period could offer healthier groundwork for BTC’s long-term ascent. All eyes will be on whether Bitcoin can sustain its current levels or if this cooling-off phase will allow buyers to re-enter lower demand zones, setting the stage for the next major price move. Bitcoin Selling Pressure Still Far From Peak Levels Bitcoin has reached a local top after setting a fresh all-time high, signaling a potential pause in its recent surge. Analysts and investors are watching closely, as BTC has a history of making aggressive moves once it starts trending upward. Despite this bullish momentum, many are exercising caution, anticipating that Bitcoin might need time to consolidate before pushing higher. According to key data from CryptoQuant analyst Axel Adler, the market is now experiencing moderate selling pressure. Adler’s analysis points to a possible consolidation phase, as short-term holders take profits. He specifically examines the short-term holder realized profit and loss data, which reveals that the current selling pressure is relatively mild compared to historical peak selling periods. In Adler’s view, this moderate pressure suggests that BTC’s recent rally might not end. He highlights clusters of intense selling seen in previous peaks, marked as Clusters #1, #2, and #3 on his chart, showing levels of selling pressure significantly higher than what we see today. This data implies that while some profit-taking is underway, it’s nowhere near the intense levels seen at past tops. Related Reading: Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80% As Bitcoin approaches consolidation, this subdued selling pressure could set the foundation for a more stable rally. Investors are eyeing this moment to gauge whether BTC will gather strength for the next leg up or continue cooling off, forming a solid base around current levels before another potential breakout. BTC Testing New Supply Levels (Again) Bitcoin has officially entered a much-anticipated price discovery phase, recently marking a new all-time high of $90,243. Currently trading around $87,500, BTC has experienced days of intense buying pressure and record-setting highs. However, the market may see a period of consolidation below the $90,000 threshold as traders assess new demand levels, potentially around $80,000. The coming days will be critical in determining BTC’s short-term path. If Bitcoin holds above the $85,000 mark, this would signal resilience and likely encourage a push toward higher supply zones as bullish momentum builds. However, if BTC loses this level, a retracement to lower demand of nearly $82,000 could come into play, allowing for a more stable foundation before the next rally attempt. Related Reading: Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs Analysts view this consolidation phase as necessary after BTC’s rapid ascent, as it allows the market to establish support. Holding within the current range would signal strength, suggesting that BTC is well-positioned for further gains. Investors are now watching closely, gauging whether BTC will secure its recent gains or find a brief reset before aiming for new heights. Featured image from Dall-E, chart from TradingView