Current Prices

Bitcoin (BTC): ~$116,700

Ethereum (ETH): ~$4,513

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What’s Driving the Market

1. Fed Rate Cut Expectations
The U.S. Federal Reserve is expected to cut interest rates by 25 basis points on September 17.
Markets are betting on this move. If the Fed surprised everyone with a larger cut (50 bps), it could trigger stronger rallies in high-risk assets, including crypto.

2. Bitcoin Consolidation and Resistance Levels

BTC is consolidating around $115K–$118K. Resistance seems to be around $116K–$118K.

Support is seen near the $111,000–$113,000 zone. If that breaks, some analyses warn of dips toward ~$104K or even ~$92K before possible recovery.

3. Investor Sentiment & Options Market

Fears of downside for BTC & ETH have eased recently, with option market skews (call vs put) moving closer to neutral.

Liquidity from stablecoins is returning, and there is institutional interest — but large outflows (or at least lack of huge inflows) in some futures indicate caution.

4. Altcoins & Token Unlocks

Some altcoins are getting more attention as capital rotates from BTC.

Notable: Arbitrum (ARB) has a sizable token unlock (~2% of circulating supply) which might impact its price in the short term.