Analysts from Cryptology Key have published their forecast regarding the future price movements of Bitcoin and Ethereum following recent fluctuations in the cryptocurrency market. The report emphasizes that the current market situation shows signs of awakening, opening opportunities for traders to increase their efforts in executing long positions.
This is reported by Business • Media
Market Situation Analysis Using Bitcoin as an Example
According to the analysts, the price of Bitcoin has managed to break the previous monthly low and absorb a two-month correction.
“Closing the month at this level can be interpreted as a signal for a sideways or even bullish trend,” the experts note. They add that in the short term, a monthly chart closure is expected along with a slight pullback to the 0.5 level of the previous candle.
Based on data from the monthly chart, the forming market structure indicates a possible rebound or a retest of the mirror level, which represents a break of the previous structure. At the same time, according to the weekly chart, the price may enter a correction zone down to $82,792 or lower, with the potential for a new local minimum. Meanwhile, analysts predict that with a strong impulse confirming the closure of the weekly bar, the price could reach $100,000.
Ethereum’s Prospects and Market Movement
As for Ethereum, the asset’s value has increased by 30% since the minimum in April 2025, which is considered a significant indicator for this asset. The best-case scenario for the near future, according to analysts, is a closure of the weekly chart with a long wick.
According to the weekly chart, with a price correction to the area of interest (POI), an increase in demand and further price growth to the $2000 level is expected. However, if the price settles below the $1721 level on the daily chart, declines to $1610–$1680 are possible. Therefore, analysts advise considering any corrective movements in the price dynamics.
More analytical materials and fresh forecasts can be found in the Cryptology Key Telegram channel.