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This is reported by Finway
On the night of June 30, 2025, Bitcoin experienced a slight decline: its value dropped from over $108,500 to $107,500. At the same time, the price of Ethereum fell below $2,500. Experts from Cryptology Key analyzed the current market dynamics and shared forecasts regarding further price changes for these two key cryptocurrencies.
Bitcoin Dynamics: Key Scenarios
According to the analysis, the weekly Bitcoin candle completely engulfed the previous one, creating conditions to consider local corrections as opportunities to open long positions aimed at updating historical highs.
The experts identified three likely scenarios for BTC:
- If the week closes above $108,000, Monday and Tuesday may become a period of light correction before a potential recovery in growth.
- If the price drops to $106,263, further downward movement is possible, followed by a positive reaction and a recovery of momentum on Tuesday or Wednesday.
- A scenario of a deeper correction to the daily imbalance formed on June 23.
Monthly chart BTC/USD. Data: TradingView.
Daily chart BTC/USDT.P. Data: TradingView.
Forecast for Ethereum: Potential and Risks
Regarding Ethereum, this week it managed to recover 50% of the previous weekly candle. This gives grounds to believe that the minimum values are unlikely to be updated. At the same time, analysts warn of possible market manipulations that could lead to a new minimum from June 16, after which a rapid price recovery is expected.
Weekly chart ETH/USDT. Data: TradingView.
Unlike Bitcoin, for Ethereum, experts recommend considering only long positions if the price enters the daily imbalance. Three possible scenarios for the development of events are also highlighted for ETH, and the first half of the week is likely to be characterized by technical correction.
Daily chart ETH/USDT.P. Data: TradingView.
Four-hour chart ETH/USDT.P. Data: TradingView.