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 Finway
In the last days of June 2025, heightened volatility is observed in the cryptocurrency market. Bitcoin has shown a significant decline, dropping below the $99,000 mark, while Ethereum is trading in the $2,200–$2,300 range. Analysts at Cryptology Key have assessed the current situation and provided their forecast for these digital assets.
Bitcoin: Formation of Imbalance and Scenarios for Summer
According to the analysis, the optimal strategy for the near future is to wait for the month to close. An imbalance is forming on the monthly chart of Bitcoin, which should be addressed in July–August 2025. It is expected that market activity will remain low, so the beginning of summer may become a period of rest for traders. Short positions are of particular interest.
The price of Bitcoin has already tested the imbalance zone but did not receive the necessary support. As a result, further correction is expected. The first important support level is considered to be the range of $92,569–$94,416 — this is likely the minimum depth of the drawdown amid the summer correction.
Previous reviews have considered several possible scenarios for the development of events. This time, another option is added, but the situation remains multifaceted: regardless of the chosen scenario, Bitcoin is unlikely to experience significant pressure, while altcoins may suffer substantial losses in value.
Ethereum: Potential for Correction and Growth Prospects
The situation in the Ethereum market resembles the dynamics of Bitcoin. Experts predict a correction to the level of $2,116, which has almost been reached. In the long term, accumulation of the asset is expected before a possible recovery in growth in the fall of 2025.
If the upcoming week ends below the $2,326 mark, the correction could deepen to $2,111. With a strong impulse, the price could fall to $1,931.
All short positions opened since June 16, 2025, were closed before the geopolitical escalation between the USA and Iran. This event became only a minor catalyst, as the market was already prepared for changes.
The main interest now lies in the downward movement of Ethereum. At the same time, a slight upward retracement to the range of daily imbalance, which may form as early as June 24, 2025, is also possible. From there, analysts recommend considering short positions targeting the $2,100 level.
The current analysis indicates a predominance of corrective expectations in the Bitcoin and Ethereum markets. Meanwhile, the likelihood of a significant decline in most altcoins remains high.