On October 6, 2025, Bitcoin set a new all-time high, rising above $126,000. However, the price subsequently began to decline. Ethereum also surpassed the $4,700 mark but could not maintain its position and entered a correction.
This is reported by Finway
“Cryptology Key analysts assessed the market situation and presented their own forecast regarding the future price dynamics of some cryptocurrencies.”
Bitcoin: Expecting a Correction After the New High
On the monthly chart, Bitcoin shows a sustained upward trend, although a corrective movement is expected after the new all-time high. Experts note that such dynamics are typical following the establishment of an ATH.
Analyzing the weekly timeframe allows for the identification of key zones for potential correction. The first important area is the level of $115,345, which previously served as a point of strong price momentum. A liquidity grab scenario is also possible in the range of $108,570–$110,721.
The daily chart adds details: after the new high and absorption, the price entered an area of interest formed by volume (OV). Upon testing this area and observing a reaction on lower timeframes, it may be possible to open short positions in the range of $118,226–$114,800. In addition to the daily OV, analysts emphasize the four-hour FVG, from which a signal for opening shorts may also arise.
The zones on the four-hour and hourly charts coincide, indicating a likely strengthening of the reaction in the specified ranges. Further actions by investors will depend on the market reaction in these zones and the emergence of a corresponding pattern.
Ethereum: Potential for New Highs
Ethereum is currently lagging behind Bitcoin in dynamics. However, on the monthly timeframe, there is still potential for reaching a new ATH or forming an SMT with Bitcoin.
The weekly chart shows that the ETH price has been drawing liquidity from the weekly swing and is currently in an area of interest that could act as a catalyst for further growth. The daily timeframe indicates the formation of a short-term OV, which opens opportunities for a new wave of growth or correction. The nearest interesting zone for potential long positions is the daily FVG.
On the four-hour chart, a short zone is highlighted in the form of an FVG; however, it is important to wait for confirmation of the model before making decisions. The four-hour and hourly areas of interest coincide, making it crucial to observe price behavior in these ranges.
Chainlink: Key Zones for Price Reaction
For Chainlink, analysts focus on the weekly timeframe, where liquidity has formed under the area of interest. This indicates a probable price reaction if this area is reached, which could signal further movement.
The daily chart recorded the formation of a short OV, from which a reaction is expected for opening short positions. An area has also been highlighted where market activity should be monitored. Among potential targets is a breakout of the $19.80 level, after which there may be a transition to securing shorts and searching for entry points for longs.
The four-hour chart confirms these scenarios, providing additional guidelines for traders. Overall, analysts advise closely monitoring market reactions in the highlighted zones and acting according to the chosen strategy.