Bitcoin May Test $111K–$112K 100‑Day EMA as Transaction Fees Fall to Lowest Since 2011





  • Lowest BTC daily fees since 2011—Glassnode data signals weakening on-chain demand

  • Rejection at the 50 EMA increases odds of a test of the 100 EMA in the $111k–$112k range

  • RSI and declining buyer volume suggest momentum favors sellers; altcoins are vulnerable

Bitcoin 100 EMA test: BTC fees lowest since 2011; watch $111k–$112k support closely — read technical outlook and trade implications.

What is the significance of the Bitcoin 100 EMA right now?

Bitcoin 100 EMA is acting as a critical medium-term support level; a decisive break below the 100-day EMA (~$111,000–$112,000) would likely extend the current Bitcoin correction into a deeper corrective phase and increase downside risk for altcoins.

Why do low BTC network fees matter?

Glassnode data shows the BTC network’s daily transaction fees (14-day SMA) recently fell to 3.5 BTC, the lowest since late 2011. Low fees typically reflect reduced user activity and demand, which can precede price weakness when combined with deteriorating technical structure.

Next Bitcoin battle: what are the key technical levels?

Immediate resistance sits near the 50 EMA, where recent rejections signaled seller strength. The next clear support target is the 100 EMA in the $111,000–$112,000 band; below that, previous-cycle correction patterns suggest an extended retracement could unfold.

Article image
BTC/USDT Chart by TradingView

How does momentum and volume influence the outlook?

Momentum indicators such as the RSI have been sliding, and on-chain metrics show declining buyer activity. Volume profiles confirm fewer inbound flows to support price, making the invalidation of the $120,000–$116,500 consolidation structurally significant.

From correction to bear market: when does sentiment shift?

Corrections deepen into bear markets when multiple support tiers fail and market breadth deteriorates. If Bitcoin closes decisively below the 100 EMA, market confidence could erode and trigger broader altcoin weakness—turning a contained correction into a prolonged downturn.

Key technical indicators comparison
Indicator Current Signal Implication
50 EMA Resistance (rejection) Short-term bearish trigger
100 EMA Critical support (~$111k–$112k) Holds = stabilization, breaks = deeper correction
RSI Declining Momentum favors sellers

How to monitor BTC risk and prepare a response?

Follow these steps to assess near-term risk:

  1. Watch daily closes relative to the 100 EMA for confirmation of support or breakdown.
  2. Monitor on-chain metrics (transaction fees, active addresses) for demand signals—Glassnode reports are useful for this context.
  3. Use volume and RSI divergence to time entries; prioritize risk management if the 100 EMA is lost.




Frequently Asked Questions

What price zone defines the 100 EMA test?

The 100 EMA is being tested in the $111,000–$112,000 range. A sustained break below that band would be a bearish structural signal; a recovery above would improve the outlook.

How low can Bitcoin fees go and why does it matter?

Fees reached a 14-year low at about 3.5 BTC (14-day SMA). Persistently low fees point to weak on-chain activity and can correlate with lower price momentum if not offset by renewed demand.

Key Takeaways

  • On-chain demand is weakening: Glassnode reports daily fees at 3.5 BTC, the lowest since 2011.
  • 100 EMA is the line in the sand: $111k–$112k serves as critical support for the near-term trend.
  • Manage risk proactively: Use daily closes, volume, and RSI to confirm structure; tighten stops if the 100 EMA is lost.

Conclusion

Bitcoin sits at a pivotal juncture: the Bitcoin 100 EMA will likely determine whether the current Bitcoin correction remains contained or transitions into a deeper corrective phase. Traders and investors should monitor on-chain metrics like transaction fees, traditional technical levels (50 EMA and 100 EMA), and momentum indicators to inform disciplined risk management and positioning.

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