Overview
- Bitcoin hovered near $115,000 after a 2%–3% slide, with ether easing to the low $4,300s as last week’s surge faded.
- CoinGlass data showed roughly $534 million in leveraged positions liquidated over 24 hours, affecting more than 120,000 traders, with ETH longs taking the biggest hit.
- Investors are watching Wednesday’s FOMC minutes and Jerome Powell’s Jackson Hole remarks on Friday for policy signals after hotter CPI and PPI tempered September cut expectations.
- Analysts highlight elevated futures open interest and expect consolidation, with BTC viewed in a $112,000–$118,000 band and ETH in a $4,100–$4,600 range unless key levels give way.
- Institutional activity persisted as Tokyo-listed Metaplanet bought 775 BTC to lift holdings to 18,888, while spot ETH ETFs posted record net inflows last week even as some funds turned negative in the latest session.