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This is reported by Business • Media
On the night of June 29 to 30, 2025, the cryptocurrency market experienced significant changes. The price of Bitcoin dropped from over $108,500 to $107,500, while the Ethereum rate fell below $2,500. Analysts at Cryptology Key have thoroughly analyzed the situation and presented their forecasts for the future movements of both digital assets.
Scenarios for Bitcoin: Key Levels and Opportunities
According to the analysis, on the weekly chart for Bitcoin, the new candle completely engulfed the previous one, which may indicate a change in market dynamics. In this situation, any local corrections are viewed as favorable moments for opening long positions with the aim of reaching new highs.
Analysts highlight three probable scenarios for the development of events:
- Consolidation above $108,000, where the beginning of the week will only be a minor correction, followed by further growth.
- Breaking the level of $106,263 and subsequent downward movement with a likely quick positive reaction by Tuesday or Wednesday.
- A deeper correction to the daily imbalance formed on June 23, which could lead to further local declines.
Ethereum: Technical Correction and Manipulation Risks
In the Ethereum market, there is a 50% overlap of the previous weekly candle, which reduces the likelihood of reaching new local lows in the near future. However, experts advise caution, as they do not rule out the possibility of revisiting the low recorded on June 16, followed by a rapid price recovery.
For Ethereum, analysts recommend considering only long positions if the price enters the daily imbalance. A predominantly technical correction is expected during the first half of the week.
Overall, experts at Cryptology Key identify three possible stages for the development of events for ETH, with the first days of the week likely bringing minor fluctuations and technical corrections.
More detailed analyses of the cryptocurrency market situation and other analytical materials are available on the Cryptology Key Telegram channel.