Bitcoin price is showing positive signs above $115,000. BTC is now consolidating and might rise further if it clears the $116,500 resistance zone.

• Bitcoin started a fresh increase above the $115,000 zone.
• The price is trading near $115,000 and the 100 hourly Simple moving average.
• There is a bearish trend line forming with resistance at $116,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might start another increase if it clears the $116,200 zone.

Bitcoin Price Holds Gains

Bitcoin price started a fresh upward wave above the $112,500 zone. BTC managed to climb above the $113,500 and $114,200 resistance levels.

The bulls were able to push the price above $115,000 and $116,000. The price traded as high as $116,743 and recently started a consolidation phase. There was a minor decline below $116,000. The price even spiked below the 23.6% Fib retracement level of the recent move from the $110,815 swing low to the $116,743 high.

Bitcoin is now trading near $115,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $116,000 on the hourly chart of the BTC/USD pair.

Immediate resistance on the upside is near the $116,000 level. The first key resistance is near the $116,200 level. The next resistance could be $116,750. A close above the $116,750 resistance might send the price further higher. In the stated case, the price could rise and test the $117,500 resistance level. Any more gains might send the price toward the $118,500 level. The next barrier for the bulls could be $118,800.

Another Drop In BTC?

If Bitcoin fails to rise above the $116,200 resistance zone, it could start a fresh decline. Immediate support is near the $114,900 level. The first major support is near the $113,750 level or the 50% Fib level of the recent move from the $110,815 swing low to the $116,743 high.

The next support is now near the $113,000 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might decline sharply.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $115,000, followed by $113,750.

Major Resistance Levels – $116,200 and $116,500.

Bitcoin (BTC) trades within a consolidation range between $104,000 and $116,000, with on-chain data revealing critical levels that could determine the next directional move.

According to a Sept. 4 report by Glassnode, Bitcoin entered a volatile downtrend following its mid-August all-time high, declining to $108,000 before rebounding toward current levels.

The UTXO Realized Price Distribution shows investors accumulated dursng the pullback, filling the $108,000-$116,000 “air gap” through consistent dip-buying behavior.

The current trading range corresponds to the 0.85 and 0.95 quantile cost basis levels, ranging from $104,100 to $114,300. Historically, this zone acts as a consolidation corridor following euphoric peaks, often producing choppy sideways markets.

Breaking below $104,100 would replay post-ATH exhaustion phases seen earlier this cycle, while recovery above $114,300 would signal renewed demand control.

Short-term holder trends

Short-term holders face mounting pressure within the range, with their profit percentage collapsing from above 90% to 42% during the decline to $108,000.

The sharp reversal typically triggers fear-driven selling from recent buyers before seller exhaustion enables rebounds.

Currently, over 60% of short-term holders have returned to profit, representing a neutral positioning compared to recent extremes.

Only sustained recovery above $114,000-$116,000, where over 75% of short-term holder supply would achieve profitability, could restore confidence necessary to attract new demand.

Futures market funding rates are sitting at $366,000 per hour, positioned neutrally between the established $300,000 baseline and overheated levels exceeding $1 million seen in March and December 2024.

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Further compression below the threshold would confirm broader demand deterioration across derivatives markets.

TradFi demand contraction

Spot exchange-traded fund (ETF) flows reveal weakening institutional demand from traditional finance (TradFi) channels.

Since April, Bitcoin ETF inflows have averaged over 3,000 BTC daily but cooled through July to the current 14-day average of just 540 BTC. The contraction mirrors similar patterns in Ethereum (ETH) ETFs, where inflows dropped from 56,000-85,000 ETH daily to 16,600 ETH.

Bitcoin ETF flows significantly outweighed CME futures positioning changes, indicating TradFi investors primarily expressed directional demand through spot exposure rather than derivatives strategies.

This differs from Ethereum markets, where CME open interest changes represented over 50% of cumulative ETF inflows, suggesting greater use of cash-and-carry arbitrage strategies.

The range-bound trading follows Bitcoin’s third multi-month euphoric phase of the current cycle, characterized by overwhelming price momentum pushing the majority supply into profit.

Such periods require persistent capital inflows to offset continuous profit-taking, a dynamic that has historically proved unsustainable in the long term.

Breaking below $104,000 risks triggering post-ATH exhaustion, with a potential downside toward the $93,000-$95,000 levels, based on previous cycle patterns.

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Bitcoin (BTC) consolidates near current levels as capital inflows extend along the risk curve toward Ethereum and broader altcoins, according to Bitfinex Alpha’s Aug. 25 report.

The report noted that the shift represents a measured rotation of institutional liquidity following Bitcoin’s all-time high formation.

Bitcoin declined 4.5% from the weekly open on Aug. 18 until Aug. 22, sliding to local range lows as investors de-risked ahead of the Federal Reserve’s Jackson Hole symposium.

The asset reached $111,990 amid renewed weakness in US spot exchange-traded funds (ETFs) flows, with Bitcoin ETFs recording $1.18 billion in net outflows over the week. As of press time, BTC lost the $110,000 threshold and is priced at $109,795.71.

Federal Reserve Chairman Jerome Powell’s dovish remarks at Jackson Hole triggered a sharp rebound in risk assets, sparking a broad-based short squeeze across crypto.

Ethereum led the recovery, surging to a new all-time high of $4,958.70 on Aug. 24 and demonstrating its role as a liquidity driver for institutional markets.

Spot ETH ETFs registered $197 million in outflows on Aug. 18 alone, marking the third-largest daily exit on record. However, Ethereum treasury companies absorbed substantial selling pressure, with preliminary estimates suggesting meaningful institutional support.

Corporate treasuries, including SharpLink Gaming, Bitmine Immersion Technologies, and BTCS, accelerated accumulation, with on-chain treasury balances exceeding $10 billion. The report noted that the rotation reflects softer capital inflows into Bitcoin following its Aug. 14 all-time high of $123,640.

Bitcoin’s realized cap expanded at 6% per month during the current move, compared to 13% monthly growth during late-2024 breakouts above $100,000, indicating more cautious investor appetite.

Macro signals remain supportive

Global liquidity conditions remain supportive, with the combined M2 money supply from major central banks approaching $100 trillion. The structural upward trend in global liquidity reinforces the long-term bullish case for digital assets, though capital allocation has become more selective.

Solana climbed above $200 to reach $212.60 as the broader digital asset class pushed higher alongside equities, reflecting tightening correlations between crypto and traditional risk assets. Meanwhile, network development continues to advance, showcased by DBS Bank’s recent tokenized note issuance on Ethereum.

In this backdrop, Bitfinex expects Bitcoin to remain range-bound while Ethereum attracts heightened institutional demand, mirroring Bitcoin’s dynamic from early 2024.

The report anticipated more significant capital rotation into higher-risk altcoins later in the cycle, with broader market re-rating dependent on renewed Bitcoin ETF inflows and new altcoin investment vehicles.

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Ethereum is showing impressive resilience as it continues to hold above critical levels despite ongoing market volatility. While Bitcoin struggles to break past its all-time highs, ETH remains stable, maintaining bullish structure and fueling hopes for a broader altcoin rally. Analysts across the market are eyeing a potential altseason, with Ethereum expected to lead the charge once it clears major supply zones.

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However, the spotlight is shifting to a less discussed but highly significant chart—ETHBTC. According to top analyst Daan, the ETHBTC pair has been consolidating in a tight range between 0.022 and 0.026 since the last squeeze. This consolidation suggests a period of accumulation and reduced volatility, but it also acts as a crucial signal for altcoin momentum.

If ETHBTC breaks above the 0.026 resistance level, Daan suggests it could trigger a temporary but powerful rally in ALT/BTC pairs. Sectors closely tied to Ethereum—such as DeFi protocols, ETH-based memecoins, and Layer 2 ecosystems—could benefit most from such a move. Until then, investors are closely monitoring ETH’s performance relative to BTC, as it remains one of the most reliable indicators of capital rotation within the crypto market.

ETHBTC Chart Becomes Key to Altseason Outlook

Ethereum is currently trading at a pivotal range, with investors closely watching for a breakout that could lead to new highs and potentially ignite the long-anticipated altseason. Despite global tensions and continued macroeconomic uncertainty—particularly surrounding the aggressive and unstable Bond market—ETH has remained relatively strong. Bulls are optimistic, viewing the current consolidation as a healthy pause before the next leg up.

One of the most important signals for altcoin momentum is not found on the USD chart, but in the ETHBTC pair. Daan points out that Ethereum’s price relative to Bitcoin has been consolidating between the 0.022 and 0.026 BTC range since the recent squeeze. This range now acts as a pressure point for the market. A breakout above 0.026 would likely catalyze a surge in altcoin strength, especially among Ethereum-related assets like DeFi protocols, ETH-based memecoins, and Layer 2 solutions.

However, Daan warns that if ETHBTC drops below 0.0224, it could signal weakness for alts relative to BTC. It’s important to remember that ALT/BTC pairs can fall even if altcoin USD prices rise, particularly during aggressive BTC rallies. The same applies in reverse. For now, ETH’s position in this range remains one of the most telling signs of where the broader crypto market might head next.

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Ethereum Faces Resistance As Bulls Attempt Breakout

Ethereum (ETH) is currently trading around $2,640, showing signs of strength after holding its ground above the $2,500 mark. On the daily chart, ETH is forming a clear consolidation pattern just below a key resistance zone defined by the 200-day moving average (currently at $2,676). This level has repeatedly capped price action over the past few weeks, signaling strong supply pressure in this area.

Despite the lack of a decisive breakout, Ethereum is maintaining a bullish structure with higher lows and consistent volume support. The 34-day EMA has turned upward and currently sits at $2,418, providing dynamic support and reinforcing the short-term uptrend. If ETH can reclaim the 200-day SMA and push above $2,700, a broader rally could follow, potentially opening the path toward $3,000 and beyond.

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On the downside, if price fails to break this resistance and sellers take control, immediate support lies near $2,500, followed by stronger demand around $2,350–$2,400 where the 50- and 100-day SMAs converge. For now, Ethereum remains in a balanced state, showing resilience, but still needs a strong catalyst to overcome the technical ceiling that continues to stall upward momentum.

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As Wednesday drew to a close, Dogecoin witnessed a pullback due to growing bearish market sentiment, causing the dog-themed meme coin to enter a consolidation phase. DOGE’s price may be consolidating, but a crypto analyst claims that the development is a promising one that could trigger an upward trend to higher levels.

DOGE Prepares For Possible $0.4 Run

Dogecoin’s renewed upward trend seems to have lost steam as it revisits the $0.22 mark after the market turned slightly bearish. Currently, the meme coin is hovering within a narrow price range as investors and traders anticipate its next major move.

In a recent analysis on the X (formerly Twitter) platform, Trader Tardigrade, a market expert and investor, outlined that DOGE has entered a consolidation phase following its pullback. However, DOGE in a consolidation phase could just be the foundation of an impending strong rally.

Although this period of sideways action can seem inconspicuous, Trader Tardigrade’s analysis flags the phase as a strategic pause prior to a big breakout. Furthermore, it implies that DOGE is gathering strength within the narrow price range even as the market momentum gradually wanes.

Looking at his chart, the meme coin has reached a crucial level and is experiencing some resistance around the key zone. Its recent rejection from the zone led to a brief period of consolidation within the $0.21 and $0.25 price range.

According to the expert, DOGE’s short-term consolidation over a few days is “super healthy for future price movements” as it hovers near critical resistance levels. Nonetheless, Trader Tardigrade expects a breakout in the upcoming days, suggesting that the sideways movement would be short and beneficial. Once the Dogecoin breaks above the current resistance, the analyst is confident it will spur the next major move to the $0.4 mark.

A Significant Rally Ahead For Dogecoin

Key technical signals on the 1-day chart are also pointing to a potential upward trend for Dogecoin. Trader Tardigrade highlighted in another post that DOGE’s “Relative Strength Index (RSI) MA is ready to climb to the top.” 

The expert further mentions that this uptrend segment may cause the asset to soar sharply in the short term. His forecast is based on past trends, where the RSI MA turned bullish and sparked a significant rally in November last year.

With growing momentum aligning with an uptick in network activity, DOGE is likely to continue its newfound upsurge. Ali Martinez, an on-chain and technical expert, reported a huge spike in active wallet addresses amid price growth.

Data shows that Dogecoin active wallet addresses have risen to 127,570, indicating heightened adoption and interest in the network. The rise in address activity may be a precursor to a wider recovery as more wallets swing into action, suggesting that the meme coin is preparing for its next significant move.

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Cardano has surged more than 40% from its early April lows, signaling renewed bullish interest across the altcoin space. As the broader crypto market faces macroeconomic uncertainty and consolidates just below major resistance levels, ADA is now entering a critical phase. Price action remains range-bound, but sentiment is shifting as investors eye key technical patterns that could define the next move.

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Top analyst Carl Runefelt recently highlighted that Cardano is consolidating within a symmetrical triangle on the 4-hour chart—a pattern often preceding sharp breakouts. This technical formation suggests that ADA is coiling for a decisive move, with bulls and bears battling for short-term control. The current range continues to tighten over the weekend, with volatility expected to return once a breakout direction is confirmed.

A move above $0.7730 would indicate bullish continuation and potentially trigger another leg up toward the $0.85–$0.90 zone. On the flip side, losing support near $0.6280 could spark a broader correction. As long as ADA holds its structure and stays above key moving averages, the bullish trend remains intact.

Cardano Set For Breakout As Buyers Regain Short-Term Control

Cardano is showing signs of strength despite trading in a tight consolidation range just below the $0.75 mark. After gaining over 40% from its early April lows, ADA has entered a crucial phase, with bulls gradually regaining control. The recent price action suggests that a breakout could be on the horizon, especially if ADA maintains its current support levels and builds further momentum.

For the past few days, Cardano has traded sideways, struggling to break above the $0.75 resistance level. While this range-bound movement has frustrated some traders, it also reflects market stability, a common precursor to large directional moves. If bulls manage to push ADA above the $0.7730 resistance, a sustained rally could follow, potentially targeting the $0.85 and even $0.90 zones.

Runefelt shared technical insights showing that Cardano is forming a 4-hour symmetrical triangle, a structure that often precedes sharp breakouts. The apex of the triangle is nearing, meaning a decisive move is likely within the next few sessions. The key bullish breakout level remains at $0.7730. On the flip side, a breakdown below the $0.6280 support would invalidate the bullish structure and could trigger a broader retracement.

Overall, Cardano remains well-positioned for upside if it can reclaim resistance and confirm a breakout. Bulls will need to step in decisively to avoid a fakeout or extended consolidation. As the broader crypto market consolidates near highs, ADA’s setup is one of the more promising among large-cap altcoins. The next move could set the tone for Cardano’s trend in the weeks ahead.

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ADA Price Analysis: Consolidation Continues

Cardano (ADA) is currently trading at $0.6963, consolidating just below the 200-day moving average (SMA) at $0.7766 and slightly under the 200-day exponential moving average (EMA) at $0.7113. This tight compression suggests a pivotal moment is near, especially as ADA attempts to hold its ground above the $0.67 short-term support.

Price action on the daily chart shows that ADA has been coiling in a narrow range following its 40% rebound from April lows. Despite the broader market showing strength, ADA hasn’t yet managed to break above the confluence of moving averages overhead—a necessary step to flip the market structure decisively bullish. The $0.77-$0.78 level remains the critical resistance to reclaim. A daily close above this zone could validate a breakout and push ADA toward the psychological $1.00 mark, last tested in early January.

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Volume has been relatively muted during this consolidation, which typically precedes a major move. On the downside, losing the $0.67 level would be a bearish signal and could open the door to a retest of $0.62 or even $0.58.

Featured image from Dall-E, chart from TradingView

Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets.

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Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he’s watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum.

This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge.

Ethereum Battles Resistance As Bulls Aim For Breakout Against BTC

Ethereum is trading at a critical level, and all eyes are on whether bulls can reclaim higher supply zones to confirm a bullish reversal. After recovering strongly from local lows, ETH has begun forming a bullish structure in low time frames. However, persistent selling pressure still threatens to invalidate this structure unless buyers step in with strength.

Momentum has shifted, and many analysts expect a decisive move soon—but there’s also caution, with some warning that a failed breakout could drag Ethereum back to the $1,500–$1,600 demand zone.

Daan shared a key perspective on Ethereum’s performance relative to Bitcoin. He noted that ETH/BTC is still consolidating within a defined range, with the local range high near 0.02 BTC acting as the most important resistance. A successful breakout above this level would likely trigger renewed interest in altcoins and could mark the start of a Bitcoin dominance downtrend led by ETH. According to Daan, such a move would increase risk appetite across the board.

However, he also warns that if ETH loses the 0.0185 BTC level, it could confirm a continuation of the current downtrend. For now, Daan is closely watching how the range develops. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal.

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Ethereum Consolidates As Bulls Eye Critical Breakout

Ethereum is trading at $1,830 after spending several days consolidating within a tight range between $1,850 and $1,750. This narrow trading channel has kept price action muted, but it also signals that a decisive move could be approaching. Analysts agree that whichever side breaks out first will likely set the tone for Ethereum’s price action over the coming weeks.

Bulls have managed to defend the $1,750 support multiple times, but their real challenge lies ahead: reclaiming the $2,100–$2,000 zone. This range is seen as critical for reversing the broader downtrend and establishing a more sustainable recovery rally. A strong breakout and daily close above $1,850 would be an encouraging signal, but failure to follow through could quickly lead to another leg down.

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On the bearish side, if Ethereum fails to hold the $1,800–$1,750 range and experiences a false breakout above $1,850, it could trigger a deeper correction toward the $1,600 or even $1,500 level. Traders and investors are watching closely, as the coming days could mark a major turning point for Ethereum’s medium-term structure.

Featured image from Dall-E, chart from TradingView