Cryptocurrency Prices Today, Sept 8: Bitcoin Defends $110K, Ethereum at $4,300;Altcoins Join the Run
Major cryptocurrencies are trading higher as the second week of September begins today. Historically, September has often been a weak month for digital assets, with leading tokens usually facing price corrections as in previous years' trends.
"Bitcoin is hovering above $110,000, creating a strong accumulation zone as exchange balances drop to multi-year lows. Ethereum shows a similar setup, with whales accumulating over 218,000 ETH in just two days, easing sell-side pressure. While steady accumulation indicates strong investor confidence, it is yet to be reflected in price action. A positive macro number, such as softer inflation data, could trigger the next leg of the rally. If the buyers defend $110K successfully, a move towards $116,000 is likely, gaining back bullish momentum."
Bitcoin Price Today As of 10 am IST, the Bitcoin, or BTC, price today is hovering near $111,123, with a market cap of $2.21 trillion. Bitcoin, which is considered the world's largest cryptocurrency, gained about 0.47% in the past 24 hours but is still down 4.59% on a 7-day basis. Despite short-term weakness, BTC is currently holding above the key $110K support zone.
Ethereum and Altcoin Performance Ethereum coin today is priced at $4,303.78. ETH has been relatively stable in the last few days, posting a marginal 0.01% change in the last 24 hours and 1.01% gains over the past week.
XRP, Cardano, TRON and Dogecoin XRP showed a solid rally, climbing 2.20% today and up 4.63% in the past week, though it remains down 10.40% on the monthly chart, with the token trading at $2.89. Cardano (ADA) is holding strong at $0.84, gaining 1.61% in the last 24 hours and nearly 4.85% weekly. Meanwhile, Dogecoin (DOGE) has become the standout performer, jumping 6.55% today and nearly 10% over the week. The Dogecoin price today is at $0.2316.
UMA BUY $UMA UMA is showing several bullish technical catalysts on its chart and in recent technical signals, indicating potential for upward momentum in the coming weeks and months.
Key Bullish Technical Signals
Golden Cross: Recently, the 20-period moving average crossed above the 50-period on short-term timeframes, a classic bullish momentum signal. On the daily chart, the 50-, 100-, and 200-period moving averages are stacked in bullish order, supporting continued upside.
Bullish Engulfing Pattern: A strong bullish engulfing candle near $1.41, reinforced by high trading volume, marks a high-probability reversal zone and supports bullish sentiment.
Volume Spikes: Noticeable increase in trading volume signals growing accumulation by buyers, often a precursor to upward moves.
Support and Resistance Levels
Strong Support: The $1.40 level acts as strong support, having previously served as the breakout zone and matching volume clusters from previous rallies.
Targets/Resistance: Technical analysts highlight upside targets at $2.10 (first local high), $2.80 (reversal zone), and $3.60 (major breakdown origin). These levels provide clear milestones for bullish moves if momentum continues.
Momentum Indicators
RSI Neutral to Bullish: Current Relative Strength Index (RSI) is moderately bullish (around 53), indicating more room for upside before reaching overbought conditions.
Moving Average Trend: The 200-day Simple Moving Average (SMA) is projected to increase, confirming a developing longer-term bullish trend.
Chart Catalyst Summary#
Golden cross and bullish engulfing patterns
Volume and institutional interest spiking
Support at $1.40 and upside targets above $2.10
EMA/SMA alignment and RSI supporting breakout potential
UMA’s technical structure and recent buy signals suggest strong bullish catalysts that could propel prices higher if momentum and interest persist.
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Bitcoin nesen pārsniedzis $111,000 2025. gada septembrī, pārkāpjot savu vēsturisko vājuma tendenci šajā mēnesī, galvenie iemesli ir institucionālā pieņemšana, regulatīvie sasniegumi un makroekonomiskās izmaiņas. Cenu darbība un institucionālie ieplūdi Bitcoin cena pieauga līdz gandrīz $112,000 2025. gada agrā septembrī, ko veicina spēcīgas ieplūdes spot ETF un izturīga pieprasījuma no institūcijām, kuras ir ieguldījušas vairāk nekā $29–$30 miljardus gada laikā. Tehniskie analītiķi un nozares līderi norāda uz potenciālu pieaugumu līdz $123,000–$128,000, daži pat prognozē cikla maksimumu $150,000 līdz 2025. gada beigām, ņemot vērā piedāvājuma trūkumu un ilgtermiņa turēšanas tendences.
BTC SEPTEMBER FORCAST 🥰🥰🥰😄😄😄😃😃 Here is the perfect analysis
A comprehensive technical forecast for BTC/USDT in early September 2025 indicates a cautious, potentially volatile market with key levels and momentum signals pointing to both bearish pressure and the chance for recovery.
Momentum & Trend Analysis
Bitcoin has been in a downward correction, forming lower highs and lower lows for three weeks.
The recent price action breached major support zones at both the 50-day and 100-day simple moving averages, with the 20-day EMA crossing below the 50-day EMA — a classic "death cross" that often signals continued weakness.
The MACD histogram and GMMA all show bearish momentum, backed by historical September losses averaging 4–6%.
Whale accumulation remains strong (record high), which could provide a buffer against deep selloffs, but macro factors (ETF outflows, Fed rate cuts, low liquidity) dominate sentiment.
Support & Resistance Levels
Major support: $105,000, $107,000, $100,000; breaking below $102,900 increases risk for deeper selloffs to $98,900.
Resistance: $112,000 (key for bullish reversal), $115,000, $116,360 (short-term rally test), and $123,390 (upper boundary where selling may resume).
Price is currently near $111,400, trading close to short-term support and key resistance at $112,000.
Technical Indicators
MACD and EMA death crosses warn of possible further downsides, especially if price fails to reclaim above $112,000.
RSI divergence points to possible buyer reentry if Bitcoin can sustain above $108,000-$109,000.
A return to bullish territory requires a sustained close and breakout above resistance zones with increasing volume.
The short-term technical outlook is cautious to slightly bearish, but with a notable chance of upward correction if BTC breaks above $112,000 with strong momentum.
Multiple technical signals (death crosses, momentum loss, historical September weakness) suggest volatility and downside risk to $102,900–$100,000 zone.
Upside moves are possible but will require decisive buying at $112,000+, otherwise expect horizontal or declining price action near established supports.
For trading or investing, close attention to volume, momentum breakouts, and reactions at these support/resistance levels is essential
A perfect swing trade aims to profit from short-to-medium-term price movements by buying near a swing low and selling near a swing high. Based on the current BTC/USDT chart, a perfect swing trade would involve entering around strong support zones and exiting near well-defined resistance levels.
Key Observations
Support Zone: The price is currently hovering around 110,100 USDT, with a recent low at 108,242 USDT. This could serve as a swing trade entry if there are signs of reversal (like bullish reversal candlesticks or positive MACD crossover).
Resistance Levels: The next visible resistance levels are around 115,779 USDT and 120,567 USDT. Planning an exit near these points would constitute a target for the swing trade.
Volume & Momentum: Look for rising volume and bullish momentum on indicators like MACD and moving averages before entering the trade.
Swing Trade Example
Entry: Near the support level of 108,242–110,147 USDT if bullish confirmation appears.
Target: Sell near resistance at 115,779–120,567 USDT.
Stop Loss: Place below the swing low (e.g., below 108,000 USDT) to limit downside risk.
Indicators to Use
MACD Crossover: A bullish MACD crossover below the midline suggests upward momentum.
Volume Spike: Higher-than-average buying volume near support can confirm reversal.
Moving Averages: Price crossing above short-term EMAs (14, 25) can signal a breakout from consolidation.
This approach reflects textbook swing trading principles, carefully balancing risk and reward within current market structure
The weekly chart indicates a strong bullish run followed by a recent pullback from a local high near $124,471.00 USDT to the current price region. The visible support zone is around $105,090.26 USDT, while resistance is seen at the previous high. The retracement signals traders taking profits after a rapid climb, but the overall trend remains optimistic unless the price breaches the lower support zone.
Order Book Insight
The order book displays tight spreads and deep liquidity, with numerous buy (green) and sell (red) orders.
The largest concentration of buy orders is just below current price, suggesting buyers are eager to support dips near $109,070 USDT.
Sell orders are stacked above, indicating profit taking and resistance levels.
Momentum and Trend Indicators
Momentum indicators (like MACD, RSI) on the image point towards short-term bearish correction within a broader uptrend. Volatility remains high, with candles showing substantial price movement.
Key Takeaways
Uptrend remains intact on the weekly timeframe, with a healthy pullback after reaching a new high.
Support stands near $105,090.26 USDT; loss of this level may trigger further downside.
Order book shows robust liquidity; next moves likely influenced by macro trends or major news events.
This analysis reflects current market sentiment and technical outlook for BTC/USDT, helpful for framing trading strategy decisions.
Bitcoin (BTC) 10 dienu prognoze 2025. gada augusta beigās norāda uz galvenokārt stabilām līdz nedaudz negatīvām kustībām ar prognozēm ap $107,000 līdz $108,000 īstermiņā. Šeit ir ikdienas prognozes pārskats:
31. augusts: Ap $107,911
1. septembris līdz 10. septembrim: Cenas prognozētas starp $107,787 un $107,044, pakāpeniski nedaudz virzoties uz leju šajās dienās.
Īstermiņa noskaņojums ir jaukts, ar dažiem tehniskajiem rādītājiem, kas norāda uz neitrālu līdz vieglu pārdošanas spiedienu, un pretestības līmeņi tuvu $111,909 ir jāapsteidz, lai panāktu augšupejošu impulsu.
Kopumā 10 dienu prognoze norāda uz diezgan stabilu cenu diapazonu ar nelielām svārstībām un bez būtiskiem lēcieniem, kas gaidāmi šajā īsajā laika posmā.
Šī prognoze parāda šauru tirdzniecības diapazonu, kas gaidāms nākamajās 10 dienās bez būtiskas svārstības vai spēcīgām virziena tendencēm
The BTC/USDT trading pair on Binance is currently priced at 112,099.99 USDT and shows significant upward momentum with a recent high near 124,474 USDT.
Market Trend
The 1-day chart indicates a recent surge, followed by a short-term pullback, suggesting market volatility and possible profit-taking after reaching the peak.
The price remains above key support levels, reflecting a generally bullish sentiment in the short term.
Order Book Insights
The order book displays strong liquidity, with tightly packed bid and ask prices around the current market value (112,099 – 112,102 USDT).
The spread is very narrow, indicating active trading and good market efficiency.
Conclusion
BTC/USDT is exhibiting bullish momentum with active trading and robust liquidity, but traders should watch for continued volatility near resistance levels.