Bitcoin futures currently trade at $112,810, with a bearish bias below $113,485 and bullish expectations above $114,050. The broader crypto market has faced pressure, with Bitcoin and major cryptocurrencies showing declines in the last 24 hours.
Bitcoin has decreased by approximately 1.8%, while Ethereum dropped around 2.6%. Solana fell about 4.9%, Cardano underperformed, XRP lost around 3.2%, and DOGE decreased by 3.8%. BNB was relatively stable, showing minimal change at -0.25%.
Bitcoin futures currently lie in bearish territory. Intraday retracements toward $113,400–$113,600 may provide opportunities for traders preferring short positions. For bearish setups, targets are set at $112,875, $112,435, $111,680, and $111,050.
In bullish setups, the activation level is $114,050. Targets include $114,330, $114,745, $115,560, and $116,000. The Point of Control (POC) plays a pivotal role, acting as a market balance line and a profit-taking magnet.
Trade management principles stress one trade per direction and adjusting stops after reaching the second target price. The analysis serves as a decision support framework. However, it does not guarantee outcomes, and managing risk is vital.
With Bitcoin futures currently at $112,810, we are operating with a primary bearish bias as long as the price stays below the $113,485 threshold. This weakness follows last week’s U.S. inflation data, which came in slightly hotter than expected at 3.4% for August 2025, dampening hopes for imminent rate cuts. This macro pressure is likely contributing to the orderly, but distinct, selling we are seeing across the crypto market.
The broader market confirms this risk-off sentiment, with majors like Ethereum and Solana underperforming Bitcoin over the last 24 hours. Historically, such as during the consolidation periods in early 2025, altcoin weakness has often preceded a deeper retest of support for Bitcoin. On-chain data supports this, showing a 4% increase in Bitcoin inflows to exchanges over the past 72 hours, suggesting some traders are moving assets into a position to sell.
For the coming weeks, we should look for opportunities to short any rallies toward the $113,400–$113,600 zone, as this represents a strong area of resistance. The first significant support target sits around $112,435, a level that previously acted as a liquidity zone during the first half of September 2025. A failure to hold this level would open the door to a test of the lower $111,000 range.
While the primary bias is bearish, we must be prepared for a reversal if the market absorbs the negative news. A decisive break and hold above the $114,050 bullish threshold would invalidate the current bearish setup. Such a move could trigger a short squeeze, especially given that derivatives data from Deribit shows a buildup of short positions just under that key level.
Regardless of direction, risk management is critical in this environment. We should consider taking partial profits at the first target and moving our stop loss to our entry point once the second target is hit. Given the market’s reaction to recent economic data, volatility could increase, so disciplined position sizing is essential to navigate the coming weeks.
