Bitcoin price risks deeper crash below $112K, top altcoins ETH, SOL in red

Bitcoin continued trending downwards today after going through a flash crash over the weekend, briefly dipping to lows around $110,000. Market sentiment turned sour with the crypto fear and greed index dipping back deep into neutral territory to 47, as traders switched back into risk-off ￰0￱ press time, total crypto market capitalization had dropped over 2% in the past 24 hours to $3.96 ￰1￱ showed little resistance, with most large-cap tokens swimming in red amid the broader market ￰2￱ is the Bitcoin price going down? Bitcoin dropped under $110K after a major whale dumped 24,000 BTC on the market, which in turn triggered an avalanche of ￰3￱ size of the sell-off—worth over $2.6 billion at the time—unleashed a wave of forced selling that liquidated more than $550 million in leveraged long ￰4￱ sharp move erased weeks of slow upward momentum and caught many traders off ￰5￱ abrupt liquidation cascade didn’t just hit speculative positions—it also rattled confidence across the broader ￰6￱ price briefly fell below the key psychological support near $110,000, traders began trimming risk exposure, opting to sit on the sidelines rather than try and catch a falling ￰7￱ surged, and trading desks reported elevated funding rate swings across major ￰8￱ to the pressure, institutional flows also reversed ￰9￱ crypto exchange-traded products (ETPs) saw $1.43 billion in net outflows last week, according to CoinShares—snapping a two-week inflow streak that had pulled in $4.3 ￰10￱ bore the brunt of that reversal, with investors rotating out of spot exposure as the asset failed to hold above the $116K level it reached just days ￰11￱ the price has recovered slightly to hover around $111K–$112K, the market remains on ￰12￱ eyes are now on whether BTC can build a base above $112K or if another leg down ￰13￱ Bitcoin price crash?

Right now, the $112K level has emerged as a fragile line of defence in the short ￰14￱ August 25, BTC already dipped below this mark during intraday action, suggesting that the bulls are struggling to regain firm ￰15￱ price fails to hold above this zone over the next few sessions, it could confirm a bearish breakdown and open the door to further losses, according to some market ￰16￱ ￰17￱ The Trader @MerlijnTrader · Follow THE BITCOIN REALITY CHECKEveryone loves the ￰18￱ the chart is screaming: Double Top.$112K is the last ￰19￱ it breaks, $BTC won’t dip… it will ￰20￱ hands get ￰21￱ hands ￰22￱ this wipeout, and you’ll come out a true legend. 1:30 pm · 25 Aug 2025 705 Reply Copy link Read 84 replies Data from CoinGlass’ 24-hour liquidation heatmap reveals significant concentrations of bid liquidity stacked in the $110,500 to $109,700 ￰23￱ heat zones—highlighted in brighter green—point to areas where large buy orders could temporarily stabilise price or serve as magnet zones for liquidity ￰24￱ the pressure may not stop ￰25￱ heatmap also shows deeper bid walls building down toward $108,000, a sign that some traders expect the price to revisit lower supports before any meaningful ￰26￱ essence, the market may be bracing for one final liquidity flush to absorb remaining leverage and set the stage for a ￰27￱ a move wouldn’t be unusual in a post-liquidation ￰28￱ large clusters of long positions get wiped out, the price often seeks out remaining pockets of liquidity below support to complete the ￰29￱ means Bitcoin could still drift lower in the coming hours or days, even if temporarily, before sentiment ￰30￱ now, BTC remains stuck in no man’s land between weak support and heavy resistance, with the liquidation footprint hinting that another test of the lower ranges is not off the ￰31￱ bulls step in at $110K or wait until $108K may determine how quickly Bitcoin finds its footing again.

A break below these levels would mean a visit towards “100k’s” according to pseudonymous analyst Dentoshi, who added that the market was in a “wait & see” ￰32￱ @Dentoshi · Follow $BTC imo you doom post BELOW support, not at support, but maybe that’s just ￰33￱ 109k’s and we can talk 100k’s, for now it’s just a wait & see. 7:53 pm · 25 Aug 2025 134 Reply Copy link Read 21 replies Some more bad tidings came from fellow market watcher AlejandroBTC, who flagged a multi-month head and shoulders pattern, a classic bearish reversal setup, which now appears to be breaking ￰34￱ 12h price chart.), the largest altcoin by market capitalisation, declined 3.4%, ending its rally shortly after reaching an all-time high of $4,900, where it faced resistance at the $5,000 ￰35￱ dip in ETH price also coincided with $370.6 million in liquidations, including $314.2 million from long positions, erasing much of the gains driven by Powell’s dovish signal on potential Fed rate cuts in September during the Jackson Hole ￰36￱ major altcoins like XRP (XRP), Solana (SOL), Tron (TRX), Dogecoin (DOGE) and Cardano (ADA) experienced losses ranging between 2-5% ￰37￱ the top 100 altcoins, Hyperliquid (HYPE), BitTorrent (BTT), and VeChain (VET) recorded the day’s comparatively better performances, although their gains remained modest against the broader market downturn.