🟡The crypto market enters September in a state of uncertainty: Bitcoin is trading near $111K, squeezed between expectations of a Fed rate cut and heavy selling from miners and large holders. Key support sits in the $109K–$110K range, while resistance at $114K remains the crucial level — a breakout above could pave the way to $116K.
🟡Investors are closely watching both macroeconomic data and ETF flows. Continued capital outflows from crypto funds have added pressure, while the Fear Index has dropped to 44 points. The spotlight is now on U.S. inflation data due September 11: softer numbers could reignite buying momentum, while a stronger print risks fueling further sell-offs.
