Bitcoin Struggles Below $110K as Analysts Warn of Major Market Moves Ahead
The post Bitcoin Struggles Below $110K as Analysts Warn of Major Market Moves Ahead appeared on BitcoinEthereumNews.com.
Bitcoin Analysis Bitcoin remains stuck under a critical resistance zone, with analysts cautioning that a correction may be looming before fresh upside momentum returns. The world’s largest cryptocurrency is trading at $109,901, down nearly 2% on the week, bringing its market capitalization to $2.18 trillion. Despite multiple attempts, Bitcoin has been unable to break above its resistance levels, raising the possibility of another leg lower in the near term. Analysts argue that this could set up a major buying opportunity, particularly for altcoins. Resistance Holding Strong Michaël van de Poppe, founder of MN Trading, highlighted that Bitcoin has failed to overcome its resistance and the 20-week EMA. “Resistance remains resistance, couldn’t break through it,” he said, warning that if the level continues to hold, a new local low is likely. Charts shared by van de Poppe show a retest attempt around $111,900 being rejected, with lower levels near $103,000 identified as a key demand zone where buyers may step in. “If this isn’t breaking through, I would project we’re making a new low and that’s where you need to go max long altcoins,” he explained. Ethereum Eyes Correction Levels Ethereum has mirrored Bitcoin’s weakness, trading near $4,275 after a rejection at higher levels. Van de Poppe suggested that Ethereum could correct further, with $3,600–$3,900 acting as the green accumulation zone. “As Bitcoin rejected the crucial resistance zone, I wouldn’t be surprised if we’ll be seeing a correction towards the green zone on the markets for Ethereum,” he noted. Despite the bearish short-term view, he framed the potential drop as a “massive opportunity” for long-term investors. Volatility Near Multi-Year Lows Adding to the intrigue, Bitcoin options markets are signaling historically low implied volatility. Data shared by Crypto Rover shows that one-month implied volatility remains near multi-year lows around 30%–35%, levels often…
Filed under: News - @ September 4, 2025 11:26 pm