{"id":40446,"date":"2025-08-05T07:16:48","date_gmt":"2025-08-05T07:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40446"},"modified":"2025-08-05T07:16:48","modified_gmt":"2025-08-05T07:16:48","slug":"bitcoin-struggles-to-hold-115k-solana-dogecoin-show-relative-strength-as-risk-off-sentiment-lingers","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40446","title":{"rendered":"Bitcoin Struggles to Hold $115K; Solana, Dogecoin Show Relative Strength as Risk-Off Sentiment Lingers"},"content":{"rendered":"
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Bitcoin (BTC0 remains stuck below $115,000 after a sharp weekend drop that erased nearly $6,000 from local highs and triggered over $1 billion in liquidations across leveraged long positions.<\/p>\n

While markets have stabilized somewhat since Monday, sentiment remains fragile amid a fresh round of Donald Trump-issued tariffs and another week of choppy ETF flows.<\/p>\n

BTC traded near $114,200 in the Asian afternoon hours on Tuesday, remaining flat on the day but still below the key $115,000 \u2013 $118,000 range that had acted as short-term support over the past two weeks. <\/p>\n

Ether (ETH) fared slightly better, recovering toward $3,650 after dipping under $3,550 over the weekend, supported by sustained institutional interest and resilient flows.<\/p>\n

\u201cAlthough Bitcoin has not managed to regain ground past $115,000, Ethereum has nearly recovered this week\u2019s dip,\u201d said Nick Ruck, director at LVRG Research, in a note to CoinDesk.<\/p>\n

\u201cTreasury strategies, IPOs, and the hunt for the next MicroStrategy are fueling demand. We remain positive the bull run can continue,\u201d Ruck said.<\/p>\n

Altcoin season over?<\/h2>\n

Altcoins, meanwhile, have struggled. Solana (SOL) is down nearly 20% from last week\u2019s highs, and XRP (XRP) is flatlining near $3 despite broader market stabilization. A colloquial narrative that \u201caltseason\u201d is imminent has weakened, with traders rotating capital back into majors or moving to the sidelines entirely.<\/p>\n

Part of the risk-off tone stems from Friday\u2019s U.S. jobs report, which came in weaker than expected, and a fresh round of trade tensions from Washington. The result is a broad flight to safety in global markets, with crypto caught in the crossfire.<\/p>\n

Friday also marked the second-largest outflow day for bitcoin spot ETFs, and the fourth-largest for ether, dimming hopes that institutional flows would offer short-term price support.<\/p>\n

Still, not all desks are turning bearish. QCP Capital noted in a Monday note that the broader structure remains bullish.<\/p>\n

\u201cThe recent drawdown appears more corrective than capitulatory,\u201d the firm said in a client note. It highlighted growing activity in BTC options markets \u2014 specifically 29AUG25 call flys targeting $124,000 \u2014 as a sign that sophisticated players are positioning for a rebound.<\/p>\n

Put skew remains elevated but is not yet flashing panic. A move back above $115,000, combined with a rebound in ETF inflows and compressing implied volatility, could flip sentiment quickly, QCP said.<\/p>\n

Until then, traders are closely monitoring ETF flow data. If institutional demand stabilizes and macro jitters subside, this week\u2019s consolidation could set the stage for a renewed push toward new highs.<\/p>\n

However, if outflows persist and risk appetite continues to fade, especially in alternative assets, markets may face another wave of de-risking before finding a true floor.<\/p>\n

Read more: Bitcoin’s Long-Term Bullishness Evaporates From Options Market as Inflation Concern Rises<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC0 remains stuck below $115,000 after a sharp weekend drop that erased nearly $6,000 from local highs and triggered over $1 billion in liquidations across leveraged long positions. While markets have stabilized somewhat since Monday, sentiment remains fragile amid a fresh round of Donald Trump-issued tariffs and another week of choppy ETF flows. BTC […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40446","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40446"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40446\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}