Disclaimer: This material is not financial advice or a call to action. The analytics presented are the private opinions of the authors. Incrypted is not responsible for the investment decisions of readers.
This is reported by Finway
As of May 5, 2025, Bitcoin has been trading in the range of approximately $92,000 to $98,000 for nearly two weeks. The price of Ethereum fluctuates between $1,700 and $1,900. Experts from Cryptology Key have analyzed the current situation in the crypto market and outlined potential scenarios for the future price movements of Bitcoin and Ethereum.
Bitcoin Predictions
The month has ended successfully for Bitcoin; however, a correction to at least $86,000 is necessary to establish new demand.
The weekly structure on our side allows for a more precise determination of the area where demand will recover — testing the range of $89,000 to $90,000. However, these zones are located above the P&D zone, so we aim to consider positions only after the price dips and removes liquidity below the weekly minimum that formed the impulse and structural change for Bitcoin.
There are several zones from which to operate. Strategies will focus on zones after testing P&D and after capturing liquidity below $82,600 — this will be the most reliable plan for opening positions.
Ethereum Outlook
Let’s consider the price range from 2021 to 2025 and see how May reacts to the phrase “Sell in May and go away.” There are two possible scenarios here — a dump or accumulation, so one should not expect an anomalous increase in liquidity.
It is important to remember that market phases are not identical, so attention should be paid to a possible correction in mid-May or at the beginning of the month. This phase will focus on price accumulation, so it is crucial not to take this too personally and to analyze the situation calmly.
It is quite challenging to show the exact potential for developments for Ethereum. Looking at the current chart, it is evident that Ethereum is capable of an 80% increase over three weeks. Therefore, it is important to focus on the stage in which the altcoin will be during the summer and the final spring phase.
It is expected that Ethereum’s dominance and strength will only manifest by mid-summer when the altcoin begins to activate. Currently, it is essential for it to undergo a correction and test the remaining imbalance noted on the weekly chart. It would be beneficial if Ethereum could stay within this range until the end of May and then gain momentum against the backdrop of events and news.
Given the current conditions, it is most reasonable to let it fall and relieve the compression left from below.
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