Overview

• Bitcoin trades around $111,000–$112,000 after rebounding from Monday’s ~$107,000 low, with repeated pushbacks near ~$110,700–$113,650 and key levels flagged at ~$115,000 on the upside and ~$107,000–$103,000 below.
• Axel Adler’s Open Interest Pressure Score sits near 30% and his BTC+ETH-to-stablecoin inflow ratio recently spiked to ~4.0× before easing to ~2.7×, indicating lingering supply pressure versus available buying liquidity.
• Capital continues to rotate toward Ethereum, with institutional accumulation noted and an early whale, likely miner-linked per analyst Darkfost, repeatedly swapping BTC for ETH on Hyperliquid.
• Dogecoin holds support around $0.20–$0.21 as $0.22 caps rallies, trading volume climbs, and betting markets price higher odds for an October DOGE ETF approval, which remains speculative.
• Traders note September’s weak seasonality even as liquidity expectations improve, with $246.9 million in liquidations over 24 hours and mixed views on whether consolidation breaks toward ~$115,000 or revisits ~$105,000–$101,000.