Bitcoin faces potential drop to $105,000-$100,000 range. Ether retreats but holds above $4,094 support. BTC hits lowest level since July 8 at $108,100. Peter Brandt says BTC needs to surpass $117,570 to confirm a reversal. Network economist Timothy Peterson remains bullish on BTC’s year-end prospects, citing historical trends of gains leading up to Christmas. Market data shows investors favoring Ether over Bitcoin, with ETH ETFs seeing $1.87 billion in inflows compared to BTC’s $350 million since Aug. 21. Investors booking profits from BTC move into other tokens for potential upside. Support levels for BTC, major altcoins examined in technical analysis. BTC price recovery stalls below $113,977. A break below $108,666 could lead to $105,000 and $100,000 levels. Ether turns down from $4,663, support at $4,094. Failure to defend support may deepen pullback to $3,354. XRP struggles to break above $3, bears defend $2.73 level. Break and close above $3 needed to indicate reduced selling pressure. BNB faces resistance at $861, buyers have advantage but bearish momentum may weaken. Solana rebounds off $193, faces resistance at $210. A break below $210 could trap aggressive bulls. Dogecoin bounces off $0.21 but fails to breach moving averages. Cardano turns down from 20-day EMA, critical support at 50-day SMA. Chainlink bounces off 20-day EMA but faces resistance below $27. Hyperliquid breaks above $49.88 but struggles to sustain gains. Sui oscillates in $3.26-$4.44 range, support at $3.26 weakened by repeated tests.

Read more at Cointelegraph: BTC’s next stop may be $100K: Will Altcoins Collapse Too?