$BNB Market Overview as of 01.08.2025 (BTC)

Bitcoin dropped again yesterday, ending the day with a red bar. It is currently trading around $114,790. There are no signs of a reversal — bearish imbalances have formed on the 4H chart. The priority remains to decline into the $112,000–113,600 zone, where the midpoint of the weekly imbalance also lies.

To consider growth, it is necessary to break through the $116,000–116,700 zones and establish a foothold above. Until this happens, the main scenario is a test of support around $113,000.

BTC dominance has been increasing for the fifth day, while altcoins are dropping more significantly. BTC.D is targeting 62.89%. USDT.D aims to break 4.46% and test the 4.5–4.61% range.