Bitcoin entrepreneurs have adopted ‘defensive’ bearing as the price reclaims $ 110k
Key Takeaways:
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Bitcoin prices take $ 110,000, but bearish pressure continues.
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BTC must flip the $ 110,500- $ 112,000 zone in new support to avoid a deeper correction to $ 100,000.
Bitcoin (Btc) The price is up to Tuesday, rising by 2.4% in the past 24 hours to trade above $ 110,000. However, while some indicators Directed to a local bottomOther metrics suggested that the BTC market structure remained “fragile,” according to Glassnode.
Bitcoin entrepreneurs have adopted “defensive bearing”
The Bitcoin area demanded was occupied over the past week, with a trading volume falling to $ 7.7 billion from $ 8.5 billion, a decrease of 9%, shownode data displayed.
Falling in the area of the area “signals that reduce investor participation,” the market intelligence firm Says In the latest weekly pulse report of the market, it added that the lower volume reflects the “weaker belief” among entrepreneurs.
While the spot cumulative volume delta (CVD) has improved slightly, indicating the sale pressure, “the general scale of the area points to a fragile demand,” Glassnode added.
The futures market showed careful positioning, with futures Open interest (Oi) which drops to $ 45 billion from $ 45.8 billion. It suggested moderate aversion to Drawdown from all times high.
Futures funding rates dropped to $ 2.8 billion from $ 3.8 billion, signing less demand for long exposure and refusing to pay higher premiums to keep positions open.
Glasnode said:
“Entrepreneurs appear to be less willing to expand the risk, emphasizing a defensive stance after recent volatility.”
As cointelegraph reportedInvestors in the Bitcoin institution have stepped back, with the demand that has fallen to its lowest level since early April.
Bitcoin price levels to watch
Bitcoin bounced on the lower border of the downward channel to $ 107,300 on Monday, rising by 2.45% at current levels around $ 110,000.
The price is resistant to resistance from the upper channel border to $ 110,500. A daily candle near this upper level will signal a possible breakout from the downtrend, along with the next barrier to the $ 110,000- $ 117,000 Liquidity Zone, where the same is 50-day Simple moving average (SMA) and the 100-day SMA is.
Bulls should push BTC price above this area to increase the chances of a Recovery towards new all-time highs.
The middle border of the channel at $ 108,000 and low Monday around $ 107,300 is the immediate level of support to watch on the downside.
Below it, the lower channel border at $ 105,300 issued a last defense line, which, if lost, is likely to trigger a collapse toward Main support level of $ 100,000.
MN Capital founder Michael Van de Poppe said a “clear break” above $ 112,000 is required to bring BTC to new all-time highs.
“If not, I’ll look at $ 103kish for a good chance.”
The area remains the same for $ Btc.
If we clearly break the $ 112k, we will go to a new ATH.
Otherwise, I will look at $ 103kish for a good chance.
Notably, gold has never made a new ATH.
When is Bitcoin? pic.twitter.com/jdry5ba8o
– Michaël Van de Poppe (@cryptomichnl) September 2, 2025
Meanwhile, the Bitcoin’s liquidity map revealed significant clusters of liquidity between $ 110,000 and $ 111,000 in the reversal, and $ 105,500- $ 107,000 below the price of the area.
Traders need to guard those areas because they often act as local reversal zones and/or magnets when the price is near them.
Bitcoin is in a “Liquidity hunt,” Says Analyst Alphabtc on a Tuesday post on X, adding:
“It looks like they’ll come for a big cluster of 110k-111k shorts, then probably back on Monday low and those long from the weekend.”
As cointelegraph reportedBitcoin has to quickly get 20-day EMA for $ 112,500; Failure to do this will increase the likelihood of a Dropped to $ 105,000 And then at $ 100,000.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
