$BTC

Bitcoin has remained above $110,000, despite a slight drop of 4% in August. Technical data suggests a possible rebound: traders are using the $108,800 level as support and the options market points to a "maximum pain" level at $116,000, indicating bullish potential.

For traders, the key range to watch is from $113,500 to $117,200, as it is historically expected that the futures gap will close in that area.