Bitcoin futures traded just under 111,000 on September 2, 2025, after a volatile overnight session. The price tested a resistance band between 110,900 and 111,400, which has been a tough barrier to break.<\/p>\n
Initially, buyers controlled the session, lifting Bitcoin into the resistance zone. Both standard Bitcoin futures and micro Bitcoin futures showed strong interest from buyers.<\/p>\n
However, in the last half hour, a surge in selling pressure reversed the trend, unable to stay above the point of control (POC) at 110,920. This level, previously a pivot, is now turning into resistance.<\/p>\n
Buyers’ attempts to push higher were countered by sellers, with larger players likely unloading. The micro Bitcoin futures, favoured by retail traders, saw strong buying before being reversed, showing failed breakout attempts.<\/p>\n
Order flow now favours sellers unless buyers regain lost ground. Key levels include resistance at 111,390, pivot at 110,920, and support at 110,430. If the price drops below 110,430, it could head for 110,000.<\/p>\n
In the bearish case, staying below the POC and breaching the VWAP could lead to deeper tests toward 110,000. A bullish case requires reclaiming 110,920 and surpassing 111,390. Currently, the market leans bearish unless buyers reclaim the POC.<\/p>\n
We are seeing a clear rejection at the resistance band near $111,400, where strong buying was absorbed by sellers. This pattern, especially with retail interest in micro futures getting flushed out, suggests larger players distributed their holdings. The failure to hold the $110,920 pivot reinforces a short-term bearish view for the coming weeks.<\/p>\n
This bearish outlook is echoed in the options market, where we’ve seen the 25-delta skew for October contracts turn negative. This means traders are now paying a premium for puts relative to calls, signaling a growing demand for downside protection. It\u2019s a notable shift from the bullish sentiment we observed just a few weeks ago.<\/p>\n
Further, open interest on major exchanges like CME has stalled, hovering around $6.5 billion without pushing higher alongside the price attempts. When price rises but open interest stagnates, it often signals a lack of new capital entering the market to support the trend. This divergence supports the idea that the current rally is running out of steam.<\/p>\n
We should also remember the historical context for this time of year, as September has often been a weak month for crypto markets. We saw similar choppy, top-heavy price action in September of 2021 before a significant correction. This seasonal headwind adds another layer of caution for anyone positioned for an immediate breakout.<\/p>\n
For traders, this environment calls for discipline and a defensive posture in the coming weeks. Initiating new long positions here is risky until buyers can firmly reclaim the $110,920 pivot and show sustained strength. Instead, we should be watching for failures at resistance to build short positions, using the value area high at $111,390 as a clear area for stop-losses.<\/p>\n
A break below the $110,430 VWAP would likely trigger further selling towards the psychological $110,000 mark. The upcoming CPI inflation report later this month could be the catalyst for such a move. Only a decisive break and hold above $111,400 would invalidate this cautious outlook and force us to reconsider a bullish stance.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin futures face bearish pressure after failed breakout; key support at 110,430 as sellers dominate flow.<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-30032","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/30032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=30032"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/30032\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=30032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=30032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=30032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}