Key Takeaways
Bitcoin is displaying structural fragility. Binance is front-running a possible risky transfer. Is $111k actually holding as a confirmed ground?
Bitcoin [BTC] seemed prefer it’s attempting to lock in a base.
Technically, worth has been chopping in a decent $107k–$113k vary for 2 weeks. In truth, BTC kicked off the week with the next excessive at $111k, signaling bulls are protecting management of the construction.
Even so, momentum hasn’t actually picked up. RSI solely nudged from 55 to 56.12, at press time.
In different phrases, bulls defended the ground, however until RSI can break above 65, it’s too early to name a clear breakout.
Supply: TradingView (BTC/USDT)
CPI knowledge and FOMC forward
In keeping with AMBCrypto, the setup confirmed Bitcoin’s structural fragility.
Towards this backdrop, markets have been eyeing key inflation knowledge, beginning with CPI on the eleventh of September.
In truth, economists are pricing in a 0.3% Month-on-Month transfer, which might raise headline CPI to 2.9%, marking its highest since January. And, Core CPI was projected to carry regular at 3.1%.
Briefly, BTC is carving out a cautious base, whereas macro headwinds are creeping again in.
With the FOMC subsequent week, it’s a vital setup. In truth, the tape already seemed prefer it’s front-running a directional transfer.
Bitcoin liquidity grows as Binance stablecoins surge
With sticky inflation, eyes are on U.S. labor data for BTC’s subsequent transfer.
The latest payroll revision slammed expectations after the Bureau of Labor Statistics (BLS) minimize final 12 months’s job development by 911k. And that principally flat lined job creation.
The consequence? Unemployment is now 4.3%, the best since 2021.
On the identical time, Binance noticed its largest Internet Stablecoin Influx of 2025, with $6.2 billion hitting the platform on the eighth of September. It gave us a touch of recent liquidity ready on the sidelines.
Supply: CryptoQuant
Briefly, Binance is now pre-positioned for Bitcoin’s subsequent risky swing.
Nonetheless, whether or not this technique pays off or backfires continues to be up within the air.
One factor’s clear although – Bitcoin is in a fragile spot. Momentum’s delicate, merchants are shifting cautiously, and macro volatility continues to be very a lot in play.
A Fed charge minimize on weak labor knowledge may set off a short-term pop, however the tape may flip quick if the macro setup shifts. On this context, Bitcoin’s $111k continues to be an unconfirmed ground.
