On May 12, 2025, Bitcoin marked a jump in price above $105,000, while Ethereum broke $2,600. Against this backdrop, Cryptology Key experts analyzed the market situation and provided their forecast for the further price movement of these assets.
Bitcoin
Undoubtedly, everyone is surprised by such an anomalous and rapid growth. But there is also confidence that not everyone is satisfied with this result. The monthly timeframe shows that the price did not experience any liquidity work from the April candle.
In this case, we need to wait for the monthly close, which is currently in the ideal range. If the close is above the $100,000 level, it will serve as a good factor for the summer accumulation phase. Therefore, focus should be on a possible correction to the zone from $90,000 to $95,000 in the summer period.
On the weekly timeframe, the situation is fundamentally no different from what was described above. We still expect a price correction of the asset into the imbalance zone.
But it should also be noted that from the current maximum to it is 11%. Taking into account the depth of a possible correction of altcoins, which will react two or even three times stronger compared to Bitcoin, about 30% should be laid out. A correction may occur both in May and in the summer months.
On the daily chart, the situation is almost the same. There are three options for picking long positions as soon as the price starts to enter the range below $90,000.
In this case, it is hard to maintain objectivity. The main question is whether the price can update the historical maximum (ATH). The probability of this is 50-50. Therefore, it is better to focus on the correction.
In particular, we are interested in the weekly bar closing below key levels, such as $106,000 or $109,000, if the price does update the ATH. The strictly four-hour and daily structure is of interest, which will change so that the price can correct.
However, such a scenario may not materialize. In that case, compression that forms a parabolic rounding without updating the lows will also be of interest, which will appear along the price movement.
Ethereum
In this case, we also observe aggressive cost pumping. Only closing the price above $2,116 is of interest. Any deviation should be waited out. This is a key factor indicating that the price has settled above the range it entered from March 1, 2025, to the current period.
This will also serve as evidence of a prolonged deviation, accompanied by a return to the range.
In this case, it is difficult to give a specific forecast. The asset demonstrated a growth of 44% in three days. Especially considering that the coin is the second by market capitalization. Therefore, it is advisable to simply observe further, using the price action method.
