The market continues to chase local maximums on September 15, as we have covered in our previous prediction of the crypto market, but unfortunately the bears are still fighting and do not let Bitcoin break around $ 120,000, which is causing a fight for smaller markets such as Shiba Inu. Ethereum, on the other hand, is not seeing enough institutional entries to do it beyond.
Bitcoin does not break it
Despite numerous failed attempts to break higher, Bitcoin continues to find strong resistance around $ 115,000. Because the market cannot break this critical level, there are concerns that the impulse can be decreasing and that Bitcoin can be at risk of a more severe setback that would finally put the psychological support of $ 100,000 to the test.
The absence of a clear purchase pressure suggests that institutions, which are typically the catalysts for significant outbreaks, are not yet bringing considerable tickets to the market, although the price has remained comparatively well above $ 110,000 in recent sessions. Although the ETF SPOT data indicates a positive dynamic with constant but modest inputs, the amount of capital is far from being sufficient to conduct Bitcoin to a long -term execution towards $ 120,000 and more. The price action runs the risk of stagnation in the absence of greater commitments of funds and institutions.
There are also indications of fatigue in the technical image. Although the 50 -day mobile average continues to admit Bitcoin, and is still increasing, the commercial volume has generally decreased compared to the previous manifestations, which indicates that buyers doubt these levels. Bitcoin is not overloaded, but also lacks the impulse generally necessary for a break, as indicated by the relative force index (RSI), which remains neutral.
If Bitcoin continues to lose ground at $ 115,000, a setback is more likely. If sellers regain control, it would make sense to point to a decrease towards $ 112,000 and $ 106,000. However, current data indicates that there is little demand at the upper end, despite the fact that a solid institutional supply or a driven macro catalyst could still change the course and push Bitcoin to $ 120,000.
At the moment, Bitcoin investors must prepare for possible volatility. Until it breaks with conviction, the risk of losing the $ 100,000 brand is still at stake. The $ 115,000 ceiling has become a defining battlefield.
Shiba Inu cannot hold it
Shiba Inu’s price action was quickly reversed after not establishing a retention above the crucial resistance of $ 0.000015, resulting in what many investors now refer as a false break. The asset gave the appearance of a persistent bullish trend at the beginning by showing a strong impulse and arising from a high volume consolidation triangle.
However, Shib experienced a strong rejection and reversal, since the sale pressure increased as soon as it touched the resistance levels. Given the strong rally before the move, this investment was surprising. When buyers tried to exceed the price, sellers overloaded orders of around $ 0.000015, causing a strong setback, according to the remarkable ascending mechan of the candlestick structure.
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Given the numerous failures in this area in the past, the technical indicators suggest that this level serves as a psychological limit for merchants. Two key problems are reflected in the inability to break over $ 0.000015. Shib does not have the constant institutional demand that generally promotes long -term outbreaks in cryptocurrencies of greater capitalization despite the emotion in retail circles.
In addition, it seems that the whales used the rally to block profits instead of accumulating more wealth, as evidenced by exchange inputs and gaining movements. The reversal was exacerbated by this pressure obtaining pressure, which eliminated a large part of the short -term bundle impulse.
To avoid a greater decrease in a bearish setback, Shib needs to protect the support of $ 0.000013. If the sale pressure persists, the asset can return to levels close to $ 0.000012, where the 50 -day mobile average provides technical support. On the contrary, a consolidation followed by new volume inputs could offer Shib another opportunity to break $ 0.000015.
Ethereum form key pattern
Ethereum is forming what seems to be a cup pattern in the daily table, since it proves the resistance level of $ 4,800 once again. The broader context presents a more cautious image, despite the fact that such formations often imply a possible bullish continuation.
Slow and hesitant, ETH has not been able to gather the necessary impulse for a clear break during the attempted recovery around $ 5,000. Ethereum has fluctuated between $ 4,200 and $ 4,800 for weeks, showing strength but lacks the condemnation of institutional entries to support the next higher leg.
The absence of capital flows driven by ETF is a great concern. While ETF narratives and institutional adoption continue to help Bitcoin, Ethereum has not seen so much activity. ETH’s ability to maintain its ascending impulse is in doubt if the new liquidity does not enter the market.
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According to the technical analysis, the $ 5,000 brand has become a psychological barrier. The strong sales pressure is indicated by multiple rejections at this price, and whales and short -term merchants are probably benefiting every time ETH approaches it.
With its 50 -day mobile average that currently offers support, ETH could easily return to $ 4,400 and $ 4,200 in case of another rejection. In addition, compared to the previous 2025 overthes, the activity in the chain shows a slowdown in transactional demand.
The ETH price can enter a slow performance period, consolidating instead of increasing new maximums, although its foundations remain solid. Investors must carefully monitor $ 4,800 at the moment. The strong volume and a clear rapture above could rekindle hope and increase the perspective of a $ 5,000 race.
However, Ethereum runs the risk of being trapped in a rancid cycle below $ 5,000 in the absence of fresh or bullish entrances throughout the market, which would irritate the bulls that expected faster profits.
