Overview

• Bitcoin is consolidating between roughly $110,000 and $113,000, with resistance flagged near $115,000–$116,000 and support around $110,000 that could define the next decisive move.
• Corporate and national treasuries kept adding: MicroStrategy bought 1,955 BTC to reach about 638,460 BTC, Metaplanet purchased 136 BTC to 20,136 BTC, and El Salvador marked Bitcoin Day with 21 BTC.
• Spot bitcoin ETFs saw $383 million in net outflows late last week, and options skew and put-to-call readings indicate a cautious tone despite price stability.
• Futures and pricing tools show markets leaning toward a September 17 rate cut, with some outlets citing odds near 99% for a 25-basis-point move as traders watch CPI and PPI prints.
• Structural and market signals diverged as Nasdaq filed to list tokenized equity securities, AI and quant models projected a neutral $108,000–$120,000 range with rising late‑September volatility risk, and altcoins showed selective strength with Dogecoin gains and XRP hovering near $3 ahead of October ETF decisions.