Bitcoin (BTC) fell below $110,000 this week amid a wave of forced selling that reportedly liquidated more than $1.7 billion in leveraged positions. The move pressured sentiment, with the Crypto Fear & Greed Index dropping into “extreme fear” territory. Market participants are assessing whether the decline signals a broader downturn or a short-term reset, while attention remains on whether BTC can recover momentum over the coming months.
During this period of market uncertainty, the token project AlphaPepe (ALPE) has also drawn attention online, according to project communications and social activity. The project is conducting a token sale, which is taking place while larger, more established assets consolidate.
Bitcoin’s Price Action After the Crash
Following the drop, BTC found provisional support near $107,000, a level that some technical traders associate with the lower boundary of a descending channel. On the upside, $117,000 is being watched as a near-term resistance area. As with all technical levels, these zones are not guaranteed to hold and can change quickly with market conditions.
Despite recent volatility, some published forecasts for Bitcoin remain constructive, though they vary widely and are inherently uncertain. Some institutional research has referenced a year-end range between $120,000 and $135,000, with additional upside scenarios extending into 2026. Commentators have also linked the sell-off to elevated leverage, noting that liquidation cascades have coincided with local turning points in prior cycles, although past patterns do not reliably predict future outcomes.
Sentiment and On-Chain Metrics
On-chain data has been interpreted by some analysts as showing continued participation from larger holders during the downturn. Exchange outflows increased after the drop, which is sometimes associated with longer-term custody choices rather than immediate selling. Meanwhile, Bitcoin’s hash rate has remained near recent highs, reflecting ongoing mining activity, though it does not indicate future price direction.
Institutional activity has also remained a focus, including Bitcoin ETF flows. While inflows can change quickly, some tracking data has remained net positive over recent periods. These indicators are often used as context alongside macroeconomic conditions and broader risk sentiment.
The Road to $120K and Beyond
If Bitcoin holds current support and reverses the recent downtrend, some analysts believe a move back toward $120,000 later in 2025 is possible. Any projections beyond that—including scenarios around $150,000 in 2026—are speculative and depend on multiple uncertain factors, including U.S. monetary policy and broader market stability.
Bitcoin has experienced multiple drawdowns historically, including corrections in the 20–25% range, though the size and timing of past moves do not establish a reliable pattern for future performance. Investors and traders often interpret these moves differently depending on time horizon and risk tolerance.
AlphaPepe: Market Attention During Volatility
Alongside the broader market, AlphaPepe has been referenced in online discussions during the recent volatility. The project states that its token sale has attracted a growing holder base; these figures were not independently verified for this article.
According to the project’s materials, AlphaPepe’s token supply is capped at one billion tokens, with a portion allocated to the token sale. The project also describes staking features and a planned DAO governance model; the availability, terms, and risks of such features can change and may depend on future development and third-party infrastructure.
Some market participants also speculate that smaller, early-stage tokens can receive additional attention during periods of Bitcoin volatility, although these assets typically involve higher uncertainty, liquidity constraints, and elevated downside risk.
Conclusion
Bitcoin’s recent correction has added uncertainty to the market, and its next move will likely depend on a mix of macro conditions, positioning, and risk sentiment. Separately, AlphaPepe is an early-stage token project that has attracted attention during the same period, but its prospects remain uncertain and materially different from those of more established assets.
Website (project reference): https://alphapepe.io/
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
