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Bitcoin risks falling to $ 106,000
On Monday, September 15, the digital asset market is showing localized gains, but seller pressure is preventing Bitcoin BTC $114,954.00 Mezo Wrapped BTC -0.74% Market capitalization $43.01 million VOL. 24 hours $1.33 billion from breaking through above $ 120,000. This creates difficulties for altcoins, including Shiba Inu SHIB $0.00001312 Shiba Inu -5.42% Market capitalization $7.72 billion VOL. 24 hours $29.8 million , while Ethereum ETH $4,531.13 Bridged Ether (StarkGate) -2.39% Market capitalization $0.11 billion VOL. 24 hours $1.99 billion lacks institutional injections to move forward.
Bitcoin once again faced resistance around $ 115,000. Analysts warn that if this level is not overcome, the market may lose momentum and test the psychological support at $ 100,000. Trading volumes have decreased, the RSI is in the neutral zone, and ETF injections are not yet having a sufficient effect. If it loses $ 115,000, the nearest downside targets could be $ 112,000 and $ 106,000.
Shiba Inu failed to gain a foothold above $ 0.15 and turned sharply downward, which investors called a «fake breakout.» Growth on high volumes quickly gave way to selling by whales who took profits. This wiped out most of the short-term positive momentum. Now, SHIB has to hold the support at $ 0.13, otherwise, it may fall to $ 0.12.
Ethereum is forming a cup pattern on the chart, testing $ 4,800 again. Although the technical model often indicates a potential continuation of growth, in reality, there is a lack of institutional capital. ETH is stuck in the $ 4,200−4,800 range, and the $ 5,000 mark has become a strong psychological barrier. Without new injections, the market risks remaining in a consolidation phase.
Thus, Bitcoin remains under pressure and may test $ 100,000, Shiba Inu has experienced a failed breakout with a pullback, and Ethereum is balancing near the key level of $ 4,800, waiting for fresh liquidity.