Uniswap Gems noted that the recent huge, volatile move caught many traders off guard. As a result, the market is now in a period of consolidation. This chop is a sideways price movement within a tight range, which is often needed to establish a solid bottom after a sharp price swing. He cautions that this phase could last for the next 2 to 3 days, making it a difficult environment for those looking for quick directional trades.<\/p>\n
For a bullish trend to resume, BTC needs to flip $113,000 into a support level. If this happens, it could set the stage for a retest of the $115,000 range. However, if BTC fails to hold its current levels and makes new local lows, Uniswap Gems expects a more significant drop all the way down to sub $105,000, which would be a decisive move to the downside.<\/p>\n
![\"Bitcoin\"](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Bitcoin-chart-from-Uniswap-Gems.jpg?w=512&resize=512%2C260\")
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Analyst Philakone, a crypto investor and day trader, has issued<\/a> a stark reminder about the inherent volatility of BTC and historical price action in bear markets. His analysis focuses on the severe drawdowns that have consistently followed previous all-time highs.<\/p>\n According to Philakone, BTC price has a historical tendency to drop between 75% to 85% from its peak during a bear market. This is a crucial point that he believes many people struggle to grasp, especially after a prolonged bull run. However, if BTC’s all-time high for the current cycle reaches $125,000, a 75% drop would bring the price down to a mere $30,000.<\/p>\n Crypto trader known as KillaXBT has adopted<\/a> a highly cautious stance on the BTC market. For the first time in a while, the expert is fading this BTC dip despite a massive<\/a> liquidation event of 1.5 billion. His decision is based on a technical analysis of a key market indicator of the USDT dominance chart.<\/p>\n KillaXBT explains that the USDT.D (Tether Dominance) chart is showing concerning signals. If it breaks above its Equal Highs (EQHs), it could lead to a bigger drop in price. Due to this analysis, he has decided not to open any position in the market and is not looking for either long or short trades.<\/p>\n Following a period of intense volatility and a significant price movement, Bitcoin’s market is now experiencing a predictable consolidation phase, characterized by what traders call intraday chop. This is not a sign of weakness but rather a natural and often necessary stage in any market cycle. A Necessary Foundation For The Next Move In an…<\/p>\n","protected":false},"author":1,"featured_media":7195,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[65,111,108,73,112,113,70,71,2673,3523,800,3524,1115],"class_list":["post-7194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-killaxbt","tag-philakone","tag-tether","tag-uniswap-gems","tag-usdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=7194"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7195"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Still Fragile Despite Heavy Liquidations<\/h2>\n
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