Bitcoin price is attempting a recovery wave above $111,500. BTC is now rising 
and might gain pace if it clears the $112,000 resistance level. Bitcoin 
started a recovery wave above the $111,000 zone. The price is trading above 
$111,000 and the 100 hourly Simple moving average. There is a connecting 
bearish trend line forming with resistance at $111,600 on the hourly chart of 
the BTC/USD pair (data feed from Kraken). The pair might start another decline 
if it stays below the $112,500 zone. Bitcoin Price Eyes Upside Break Bitcoin 
price started a fresh recovery wave above the $109,650 zone. BTC was able to 
climb above the $110,200 and $110,500 resistance levels. The recent swing low 
was formed at $109,369 before the price climbed again. There was a move above 
the 50% Fib retracement level of the recent decline from the $112,537 swing 
high to the $109,369 low. However, the bears are active below the $112,000 
level. Bitcoin is now trading above $111,000 and the 100 hourly Simple moving 
average. Immediate resistance on the upside is near the $111,600 level. 
Besides, there is a connecting bearish trend line forming with resistance at 
$111,600 on the hourly chart of the BTC/USD pair. The first key resistance is 
near the $111,800 level or the 76.4% Fib retracement level of the recent 
decline from the $112,537 swing high to the $109,369 low. The next resistance 
could be $112,000. A close above the $112,000 resistance might send the price 
further higher. In the stated case, the price could rise and test the $112,500 
resistance level. Any more gains might send the price toward the $113,200 
level. The main target could be $115,000. Another Drop In BTC? If Bitcoin 
fails to rise above the $112,000 resistance zone, it could start a fresh 
decline. Immediate support is near the $111,000 level. The first major support 
is near the $110,350 level. The next support is now near the $109,350 zone. 
Any more losses might send the price toward the $108,500 support in the near 
term. The main support sits at $107,500, below which BTC might decline 
sharply. Technical indicators: Hourly MACD – The MACD is now gaining pace in 
the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now above the 50 level. Major Support Levels – $110,350, followed by 
$109,350. Major Resistance Levels – $112,000 and $112,500.

Bitcoin Price Gains Steam – $112K Level Could Decide the Next Surge

Public companies’ Bitcoin holdings surpassed 1 million BTC, with Michael 
Saylor’s Strategy maintaining a massive lead amid a wave of entrants.

Public companies reach 1M Bitcoin, hitting 5.1% of BTC supply

Hedera Hashgraph’s native token, HBAR, has been under intense selling 
pressure, recording a 12% decline in the past 30 days and another 10% drop 
over the past week. Related Reading: Average Monthly Returns Says XRP Price 
Could Fly High In September The bearish streak has shaken investor confidence, 
with both social and institutional signals pointing toward continued downside 
risk. Retail and Institutional Sentiment Weakens for Hedera Data from 
Santiment shows that HBAR’s social dominance, a measure of how frequently it 
is discussed compared to other cryptocurrencies, has dropped by 55% in the 
past month, now sitting at just 0.74%. HBAR&#8217;s price trends to the downside on 
the daily chart. Source: HBARUSD chart on Tradingview This decline shows 
waning retail trader interest, a key driver of momentum during previous 
bullish cycles. Historically, spikes in social dominance have triggered 
rallies, but fading discussion often results in lower trading volumes and 
sluggish recovery. Similarly, Hedera’s Smart Money Index (SMI), which tracks 
institutional activity during the first and last hours of trading, has fallen 
to 1.108. This suggests that experienced players are reducing exposure, 
pushing a cautious short term Hedera investment approach Technical Levels 
Define Bull and Bear Scenarios From a technical perspective, HBAR trades in a 
fragile zone. Analysts point to $0.1885 as a critical support level. A 
decisive move below this threshold could confirm further downside, pushing the 
token deeper into bearish territory. On the flip side, buyers have a clear 
recovery path if renewed demand emerges. A rebound above $0.2212 would be the 
first sign of strength, potentially setting up a move toward $0.2636. These 
levels are now the key battlegrounds for bulls and bears, with traders closely 
watching price action for confirmation. Meanwhile, trading volumes remain 
subdued, reflecting weak participation from both retail and institutional 
investors. While low volume sometimes precedes a consolidation-based breakout, 
it also increases the risk of prolonged weakness if demand fails. What Could 
Trigger an HBAR Recovery? Despite the current bearish narrative, catalysts for 
a recovery remain in play. Broader crypto market rallies, ecosystem adoption, 
or positive developments in Hedera’s enterprise partnerships could revive 
sentiment. Whale accumulation trends have also been noted in recent weeks, 
suggesting that large investors still see long-term potential in the network. 
Related Reading: Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak 
For now, cautious optimism defines the outlook. Traders are advised to monitor 
$0.1885 support and $0.2212 resistance closely. A sustained break above the 
latter could mark the beginning of a relief rally, while a loss of support may 
extend the ongoing decline. Cover image from ChatGPT, HBARUSD chart from 
Tradingview

Hedera Bears Take Charge With 10% Weekly Drop, But Key Support Could Spark Recovery

The SEC’s bold new agenda puts crypto regulation front and center, signaling 
an aggressive pivot toward digital asset clarity while slashing outdated rules 
and compliance burdens. SEC Agenda Targets Compliance Relief While Crypto 
Rules Take Frontline Spotlight U.S. Securities and Exchange Commission (SEC) 
Chair Paul Atkins announced on Sept. 4 that the Office of Information […]

SEC Unveils Regulatory Agenda as Crypto Priorities Take Center Stage in US Finance

SUI Group Holdings moved again in the market, adding 20 million SUI to its 
holdings and lifting its total to about 102 million tokens, a stash worth 
roughly $344 million at current prices. Related Reading: No Fireworks, Just 
Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst The Minnesota-based 
company, which trades on Nasdaq under the ticker SUIG, bought the tokens 
through an arrangement tied to the Sui Foundation, a press release dated 
September 3 shows. The deal, reports have disclosed, gives SUI Group access to 
discounted, locked tokens that are not available on the open market. Crypto 
Holdings And Staking Most of the company&#8217;s close to 102 million SUI is being 
actively staked, treasury update Shows. That staking currently yields about 
2.2% annually. Based on the figures released, staking income translates to 
roughly $20,000 in daily rewards credited to the treasury. The firm also 
reported nearly $60 million in liquid cash, a war chest it says will help it 
pursue more buys of discounted tokens. Investors have a new yardstick to 
watch: SUI per share. As of September 2 that metric stood at 1.14 SUI per 
share, calculated against a fully adjusted share count of 89 million common 
shares outstanding. After the announcement, SUI traded up about 4%, rising 
from a daily low of $3.20 to as high as $3.40. The token, however, remains 
well below its January peak of $5.36. Exclusive Deal With Sui Foundation The 
arrangement with the foundation is central to the story. By purchasing locked 
SUI at a lower cost, SUI Group creates a cushion between its book value and 
what retail buyers see on exchanges. That cost-basis advantage was described 
in the release as a deliberate part of the firm’s plan to grow its treasury 
while aiming to “fund further purchases” through accretive capital raises. The 
move resembles how some public companies concentrate an asset on their balance 
sheet, though it is being done here with tokens rather than traditional 
holdings. Related Reading: XRP Faces Crucial Test With ETF Approval Chances 
Now At 87% Among The Biggest The coin&#8217;s price bump shows the market took the 
news seriously but did not overheat in response. Reports have noted that 
holding more than 100 million tokens places the company among the largest 
single holders in the Sui ecosystem, which naturally draws attention. Featured 
image from Meta, chart from TradingView

Cryptocurrency price in KRW