Bitcoin Faces Potential Decline Below $115,000 Support Amid Shifting Investor Interest Toward Ether

Key Points

1. Bitcoin's dip below $115,000 suggests renewed bearish momentum, with the $115,000 to $110,530 support zone being critical for preventing further downside.

2. Ether (ETH) is gaining investor attention due to substantial inflows into spot ETH ETFs, totaling $2.4 billion over six trading days, outpacing BTC ETF inflows.

3. Key altcoins like XRP, BNB, Solana (SOL), and Dogecoin (DOGE) are navigating critical resistance and support levels, influencing their near-term price movements.

4. Technical indicators show many cryptocurrencies consolidating near their 20-day SMAs, indicating short-term trend stability.

5. Market sentiment is mixed, with Bitcoin struggling to maintain support while Ether shows strength, reflecting broader shifts in crypto market dynamics.