As of September 2, 2025, the price of Bitcoin (BTC) fluctuates around $110,000, showing a certain resilience in the market, but the Bull vs Bear Battle is intense, and the overall sentiment is cautious.

Here is an overview of the core data for Bitcoin (BTC):

Indicator Name Indicator Value💵 Current Price ~110,000 USD⏰ 24h Highest Price 110,623.97 USD⏰ 24h Lowest Price 107,255.00 USD📊 24h Fluctuation +0.88%😰 Market Sentiment Fear (Index 39/100)🚹 Direct Resistance Level 112,000 USD🚹 Strong Resistance Level 113,500 - 116,000 USD🚺 Direct Support Level 107,000 - 108,000 USD🚺 Key Support Level 106,000 USD

📉 Market trends and Bull vs Bear Battle

Bitcoin once surged to over $110,000 during the day but subsequently retraced slightly, indicating selling pressure at high levels. The price fell to a low of $107,473 over the weekend, and although it rebounded by more than $2,000, it failed to stabilize above the $110,000 mark. The current market is highly volatile, with over $200 million in leveraged liquidations across the network in the past 24 hours, most of which were long liquidations, exacerbating short-term fluctuations in the market.

📊 Key Levels and Indicators on the Technical Side

Resistance and Support: Bitcoin is currently struggling to maintain above the psychological level of $110,000. The immediate resistance above is at $112,000 (near the 9-day simple moving average), with a stronger resistance area in the range of $112,000 to $116,000. On the downside, initial support is located around $107,000 to $109,000; if broken, it may further test the support area of $103,000 to $100,000.

Technical Indicators: The Relative Strength Index (RSI) of Bitcoin has significantly dropped from a high of 79 to 38.89, approaching the oversold area, indicating that short-term bearish momentum has strengthened. Additionally, the MACD indicator has formed a death cross on the 4-hour chart, also suggesting a short-term tendency towards consolidation.

😰 Market Sentiment and Capital Flow

The market fear and greed index has dropped to 39 (fear zone), reflecting investors' concerns. This worry mainly stems from:

Institutional fund outflow: In August, Bitcoin ETFs showed an overall net outflow, with a single-day net outflow reaching $127 million on Friday, indicating a short-term cooling of institutional demand.

Long-term holders sell off: Data shows that on Friday, long-term holders (LTH) sold 97,000 BTC in a single day, setting a record for the highest single-day sell-off since 2025, increasing the supply pressure in the market.

Seasonal Factors: Historically, September ("Red September") has been a period of weak performance for cryptocurrencies, with Bitcoin recording declines in 8 out of the past 10 years in September, averaging a drop of -7.5%. This has also influenced market sentiment to some extent.

💡 Reference for operational ideas

For short-term traders: The market fluctuation has increased, and it is important to avoid chasing highs and cutting losses. You can pay attention to the range of $107,000 to $111,000 for high selling and low buying, and set strict stop-loss orders.

For medium to long-term investors: the current pullback can be seen as a positioning opportunity, considering accumulating positions in batches near the $108,000-$109,000 area or around key support levels.

⚠️ Risk Warning

The volatility of the cryptocurrency market is extremely high, and the above analysis is for reference only and does not constitute any investment advice. Investors should:

Strictly control positions and leverage to avoid significant losses due to sudden market fluctuations.

Keep a close eye on the dynamic changes in global macroeconomic data (such as the US non-farm payroll report, CPI inflation data) and regulatory policies, as these factors can instantly change market trends.

Make independent decisions and be responsible for your own investment actions.

I hope this information helps you better understand the current market. If you have more questions, feel free to ask. #九月份加密市场能否突破