Disclaimer: This material is not financial advice or a call to action. The analysis presented is the private opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
This is reported by Бізнес • Медіа
On May 12, 2025, Bitcoin showed a significant jump, surpassing the $105,000 mark, while Ethereum exceeded $2,600. Against this backdrop, experts from Cryptology Key conducted a detailed market analysis and provided their forecast regarding the future price movements of these assets.
Bitcoin Forecast
This rapid growth has surprised the market. However, not all market participants may be satisfied with these results. On the monthly timeframe, it is evident that the price did not receive adequate liquidity from the April candle. Therefore, it is important to wait for the month to close, which is currently within a comfortable range. If the close occurs above $100,000, it could be a positive signal for the summer accumulation phase. A correction to the zone between $90,000 and $95,000 is expected during the summer period.
Ethereum Market Situation
Similarly, Ethereum is also demonstrating aggressive price growth. A key factor is closing the price above $2,116. All deviations should be monitored, as this indicates the possibility of establishing a price above the range it has occupied since March 1, 2025, to the present. This could signal a prolonged deviation, accompanied by a return to the previous range.
Market forecasts remain uncertain, as the asset has shown a 44% increase over three days. Considering that Ethereum is the second-largest asset by market capitalization, it is important to continue monitoring the market using price action methods.
More details and analysis can be found in the Cryptology Key Telegram channel.