Bitcoin is struggling to rise above $110,000 as bears defend the level, signaling potential downside. September has historically been negative for BTC, with an average slide of 3.80%. Despite this, institutional investors poured $2.48 billion into digital asset investment products last week, reversing prior outflows.

S&P 500 Index remains in an uptrend, but negative divergence on the RSI suggests weakening bullish momentum. Bears may target the 20-day EMA, potentially pushing the index lower. Buyers are expected to defend the zone between the 50-day SMA and 6,147 to prevent further decline.

US Dollar Index turned down after failing to sustain higher levels, signaling bearish sentiment. Bears aim to push below 97.55 support, targeting 97.10 and 96.37. Bulls need to surpass 99 level to prevent downside, with potential rally to 100.50 if successful.

Bitcoin price dropped below $110,530 support, indicating bearish control. Bulls may attempt a comeback, facing resistance at 20-day EMA. A sharp downturn from EMA could lead to $105,000 and $100,000 levels. Alternatively, a break above EMA could push price to 50-day SMA.

Ether is locked in a battle at the 20-day EMA, with no clear advantage for bulls or bears. A dip below EMA could trigger a slump to $4,094, while a break above $4,957 signals an uptrend. XRP seeks support at $2.73, with resistance at 20-day EMA. BNB faces bearish pressure at 20-day EMA, with potential slide to 50-day SMA. Solana aims to rebound from support zone, targeting $218 and $240. Dogecoin faces bearish pressure at $0.21, risking further decline. Cardano struggles at 50-day SMA, eyeing support at $0.68. Chainlink slips below 20-day EMA, facing resistance at the level.

Read more at Cointelegraph: Bitcoin Bears Aim For $105K While Altcoins Hold Steady