Bitcoin Could Reclaim $110K as Liquidity Returns, U.S. Jobs Data and September Risks Weigh

• BTC recovered ~3% after a weekend dip below $107K, driven by returning liquidity and event-driven flows.

• Ethereum defended $4.2K, Solana held above $200 and XRP remained near $2.8 while many altcoins stayed negative.

• Key macro catalysts: JOLTS and Non-Farm Payroll releases this week and the Fed decision on 17 September; historical September weakness is a risk.

Bitcoin price update: BTC up ~3% near $110K after Labor Day liquidity return; monitor macro data and $114K resistance — read for levels and outlook.

What is driving the current Bitcoin price rebound?

Bitcoin price rose about 3% as U.S. markets reopened after Labor Day, restoring liquidity that had amplified weekend volatility. Short-term trading flows and expectations around upcoming U.S. labor reports and September Fed action are the main drivers of price moves this week.

How significant is the liquidity shift after Labor Day?

Thinner liquidity over the extended holiday weekend increased volatility and exacerbated sell-offs. The reopening of U.S. banks and renewed market participation restored order flow, which allowed BTC and top-cap altcoins to recover modestly. Data providers CryptoRank and CoinGlass reported improved intraday volumes coinciding with the bounce.

Source: CryptoRank

Why do U.S. labor data and the Fed matter for Bitcoin?

Monetary policy expectations strongly influence risk assets. The JOLTS and Non-Farm Payroll reports inform the Federal Reserve’s rate outlook. Market-implied probability (consensus near 91% at time of writing) favors a 25 bps cut by the 17 September meeting; any surprise in jobs data can quickly shift positioning and trigger BTC volatility.

What technical levels are traders watching?

Immediate resistance is around $114K, with a short-term support cluster at $106.6K–$107.2K. BTC dominance near 58% suggests altcoins may remain range-bound until Bitcoin establishes a clear directional bias.

Notable price action across majors: Ethereum defended $4.2K and traded near $4.3K, Solana held above $200, and XRP remained near $2.8. Despite the bounce, many mid- and small-cap tokens remained in negative territory.

Source: CoinGlass

When could market direction become clearer?

Market direction will likely clarify after this week’s labor reports and as traders price in the Fed meeting on 17 September. If labor data show persistent strength, expectations for policy easing could be delayed, applying downward pressure to risk assets. Conversely, softer-than-expected jobs prints could reinforce rate cut pricing and support risk allocations.

How should traders position for near-term risk?

Risk management suggestions based on current signals:

• Monitor $114K for a breakout confirmation; a sustained move above could attract momentum buyers.
• Use $106.6K–$107.2K as a stop or re-entry zone for buyers seeking lower-risk entries.
• Keep position sizes moderate through the macro event window and prioritize liquid majors over small caps.

Source: CoinGlass

Frequently Asked Questions

Will Bitcoin defy historical September weakness this year?

Historically, September is weak for Bitcoin, with average losses around 3%. This year’s outcome will depend on macro surprises and liquidity flows; a clear break above $114K amid constructive macro prints could offset seasonal pressure, while negative jobs data or liquidity drain would likely reinforce the seasonal trend.

How likely is a Fed rate cut and what would it mean for crypto?

Market pricing at the time of writing implied about a 91% chance of a 25 bps cut in mid-September. A confirmed cut would generally support risk assets over the medium term, but immediate reactions depend on forward guidance and economic data that follow the decision.

What indicators should traders watch this week?

Watch the JOLTS Job Openings, Non-Farm Payrolls, intraday volume and BTC dominance. Technical levels at $114K and $106.6K–$107.2K are key for short-term positioning.

Key Takeaways

• Liquidity returned after Labor Day: This fueled a ~3% BTC bounce from sub-$107K levels.
• Macro events matter: JOLTS, NFP and the Fed meeting on 17 September are primary catalysts.
• Trade with risk control: Use $114K resistance and $106.6K–$107.2K support as actionable reference points.

Conclusion

Bitcoin’s short-term rebound reflects improved liquidity and positioning ahead of key U.S. labor data and the Fed meeting. Traders should prioritize risk management, monitor $114K and $106.6K–$107.2K for confirmation, and expect elevated volatility until macro uncertainty resolves. COINOTAG will continue tracking developments and data-driven market signals.