Charles Esther
Bitcoin (BTC) is testing its immediate support near $112,000, but selling pressure is expected to intensify at higher levels.
Data from Farside Investors shows that U.S. spot Bitcoin ETFs recorded net outflows of $523.3 million on Tuesday, signaling growing caution among institutional players.
Bearish Sentiment Rising
According to blockchain analytics firm Santiment, Bitcoin’s slip below $113,000 triggered the most bearish social media sentiment since June 22.
Interestingly, Santiment noted that retail traders have turned strongly bearish — often a contrarian signal suggesting potential opportunities for patient investors.
Market-Wide Impact
Bitcoin’s weakness weighed heavily on the broader crypto market, dragging several altcoins lower.
Google Trends data showed that global search interest for “alt season” dropped to 45 on Tuesday, down from the peak of 100 on August 13.
Bitcoin Price Prediction
Bitcoin fell below the neckline of its inverse head-and-shoulders pattern and neared strong support around $112,000.
Bulls are expected to defend the $110,530–$112,000 range aggressively.
If successful, BTC/USDT could rebound to the 20-day EMA ($116,687). A close above this level may keep Bitcoin in a range between $110,530 and $124,474.
Failure to hold above $110,530 could push BTC down to $105,000, and eventually to the psychological support at $100,000.
Ether Price Prediction
Ethereum (ETH) rebounded from its breakout level of $4,094, suggesting bullish attempts to turn that level into support.
If ETH sustains momentum, it could climb to $4,576 and then challenge resistance between $4,788 and $4,868.
A breakout above this zone could drive ETH toward $5,000 and then $5,662.
Conversely, a sharp drop below $4,094 could send ETH toward the 50-day SMA at $3,593.
XRP Price Prediction
XRP turned down from the 20-day EMA ($3.07) and broke below the 50-day SMA ($2.97).
Bears will aim to drag XRP toward strong support at $2.73.
If that level fails, XRP could fall further to $2.20.
A rebound above the 20-day EMA would suggest selling pressure is easing, possibly sending XRP toward the downtrend line.
BNB Price Prediction
BNB pulled back from $861 resistance but found support at the 20-day EMA ($813).
If bulls push above the $861–$869 zone, BNB could rally to $1,000.
Failure to hold the 20-day EMA may see the price sink to $794 and later to the 50-day SMA ($757).
Solana Price Prediction
Solana (SOL) dropped below the 20-day EMA ($181) and tested the 50-day SMA ($173).
If bulls regain momentum above the 20-day EMA, SOL could attempt a run toward $210.
A breakout may extend gains to $240.
However, a close below the 50-day SMA could drag SOL toward $155.
Dogecoin Price Prediction
Dogecoin (DOGE) is holding at strong support near $0.21.
A rebound could see DOGE move into a range between $0.21 and $0.26.
A breakdown below $0.21 may pull DOGE down to $0.19 and possibly $0.16, reopening its $0.14–$0.29 range.
Cardano Price Prediction
Cardano (ADA) fell sharply to its 20-day EMA ($0.84).
If ADA breaks below the EMA, it could slide to the 50-day SMA ($0.77).
On the flip side, a rebound could drive ADA to $1.02 and eventually to $1.17.
Chainlink Price Prediction
Chainlink (LINK) pulled back from resistance at $27, but bulls remain active.
If LINK breaks above $27, the next targets are $31 and $36.
Failure to hold momentum could push LINK down to $23.36, and possibly the 20-day EMA at $21.86.
Hyperliquid Price Prediction
Hyperliquid (HYPE) fell below its moving averages, showing bearish control.
If recovery attempts fail at the averages, HYPE may decline to $36.
To signal strength, bulls must sustain the price above the moving averages, targeting $50.
Stellar Price Prediction
Stellar (XLM) is battling around its 50-day SMA ($0.39).
The 20-day EMA ($0.41) is turning lower, and the RSI favors bears.
A breakdown below $0.36 could push XLM toward $0.29.
Conversely, a rebound above the 20-day EMA could see XLM climb to $0.47 and $0.52.
