$BTC Despite Bitcoin's market capitalization of $2.21 trillion and strong 24-hour trading volume of $48.89 billion, technical indicators as of August 25, 2025, point to persistent bearish dynamics.
The intraday price range, oscillating between $110,956 and $114,802, indicates a volatile but controlled decline that has defined recent market behavior.
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The daily Bitcoin chart clearly paints a bearish picture, characterized by a sequence of lower highs and lows.
A significant price bottom has formed around $110,671, confirmed by a spike in volume, which may indicate a temporary bottom or capitulation.
The chart also shows a series of bearish engulfing candles, with sellers dominating recent sessions.
The absence of continuation on bounces confirms the existing downtrend and signals caution for potential buyers.
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The four-hour chart confirms the daily trend, showing a sharp rejection at $117,421, followed by a sustained decline.
This timeframe reflects a failed attempt to reclaim key resistance zones, where price structure shows that any bullish effort meets immediate selling pressure.
A double return to the $110,671 level hints at a potential double bottom, although weak volume on the subsequent bounce calls into question the strength of the support. The overall structure continues to favor the bears.
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On the hourly chart, a significant sell candle dropped Bitcoin to the $110,671 zone, followed by clustering indecision candles showing fluctuations among market participants.
Weak recovery efforts constrained below $113,000 suggest that sellers maintain control.
The volume profile corresponds to the classic 'dead cat bounce' scenario — high volume during declines, low volume on recoveries — indicating potential distribution phases rather than accumulation.
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Overall, technical indicators across all major timeframes suggest that Bitcoin remains under strong bearish pressure.
For short positions, optimal entries are in the deviation zone from $113,000 to $114,000 or on a confirmed decline below $110,500, with target exits at $111,000 and $108,000 respectively.
Long positions should be considered with caution and only if the $114,500 level is reclaimed with significant volume or upon confirmed double bottom at $110,000, with target exits at $114,000 and $117,000.
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Bull verdict:
Despite the prevailing bearish sentiment, long-term moving averages and potential double bottom formation provide cautious optimism for bulls.
A decisive recovery at the $114,500 level with strong volume could change the dynamic, opening the way to $117,000 and possibly reversing the current downtrend.
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Bear verdict:
All major indicators across timeframes point to continued bear control, with weak bounces and consistent rejection at resistance levels.
If Bitcoin fails to return and hold above $114,000, the path of least resistance remains downward, with an increased risk of falling below $110,500 into the $108,000–$106,000 range.
