Bitcoin pushed above $114,000 on Monday, showing that bulls are still stepping in with strong buying interest. Even so, BTC remains trapped in a sideways range, and traders are split on where it goes next. Some see this as the early signs of a bigger correction, while others believe the market is setting up for a rally toward fresh all-time highs. The uncertainty is clear in flows: Bitcoin ETPs saw $719 million in net outflows last week, according to CoinShares, while Ether products lost $409 million.

Solana, however, bucked the trend, attracting $291 million in inflows. Looking ahead, traders are turning their eyes to October, a month that has historically delivered strong gains BTC has averaged a 21.89% rise in October since 2013, according to CoinGlass. Bitcoin network economist Timothy Peterson also noted that BTC’s bull phase, which he tracks from October 11 to June 11, could give the asset a 50% chance of hitting $200,000 by June 2026.

Bitcoin is still stuck in its wide range between $107,000 and $124,474, showing that both bulls and bears are trying to figure out the next big move. If BTC fails to hold the $107,000 support, it would confirm a bearish double-top setup, a pattern that usually signals a short-term top. That could drag the price down toward $100,000 and possibly all the way to the target zone near $89,526. On the other hand, if Bitcoin gathers strength and breaks back above the moving averages, it would signal that sellers are running out of steam. In that case, BTC could climb to the key level at $117,500.

A breakout above this resistance would put the all-time high back into play. Ether has been facing selling pressure after its recent bounce to $3,815. The first hurdle is the 20-day EMA at $4,262, where sellers will likely try to block the recovery. If buyers break through this zone, ETH could push higher toward the resistance line, and eventually the major resistance at $4,957. Clearing that level would confirm the next leg of the uptrend and open the path toward fresh highs. But if ETH struggles at the 20-day EMA and turns lower, the risk of a deeper drop grows. A break below $3,745 could trigger a fall to $3,426. Trader’s Outlook: BTC remains in a tug-of-war between $107K support and $117.5K resistance.

A break in either direction could set the tone for the next major move, so traders should be ready for volatility. ETH looks weaker in the short term unless it can reclaim $4,262, with $3,745 acting as the line in the sand for bulls to defend.

Lastly please check out the advancement’s happening in the cryptocurrency world

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