cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin (BTC) or Ethereum (ETH): Which Will Bottom First?

At the start of June, the two largest cryptocurrencies by market capitalization tumbled to their lowest levels in years. However, many analysts believe the cycle bottoms have not occurred yet.

The big question now appears to be whether Bitcoin (BTC) or Ethereum (ETH) will find its floor first, and here’s the take of one popular market observer.

Is ETH First in Line?

X user Ted argued that the second-biggest cryptocurrency is more likely to bottom before the industry’s undisputed leader. He claimed that most of the downside liquidity has been taken out, projecting a plunge to $1,300-$1,400.

“But after that, upside liquidity will start to look more interesting,” he added.

Shortly after, Ted noted ETH’s drop below the critical $1,700 mark and warned that the asset could post a further 5-6% decline if it doesn’t reclaim this level.

There are plenty of other analysts who believe the worst for Ethereum is ahead. Ali Martinez 说过 the asset is breaking down from its channel and is trading below the 200-hour SMA. That said, he expects a drop toward $1,580.

Niels also claimed that ETH hasn’t bottomed for this cycle, predicting a crash to as low as $1,200 sometime this year. At the same time, they see the current price level as a great buying opportunity.

How About BTC?

Earlier in June, the primary cryptocurrency plummeted to nearly $59,000 for the first time since late 2024. Ted, like many other industry participants, thinks this was not the bottom.

He spotted a massive liquidity cluster around $50,000-$60,000, describing it as the same zone with large BTC buy orders on exchanges. With that in mind, Ted said that the price will likely sink to $50K “with a possible wick.”

X users bee and Crypto Lens have also made bearish forecasts. The former opined that BTC is “on the verge of the final flush,” expecting a drop to $51,000-$52,000, while the latter envisioned a downturn to $43,000 by August this year.

However, it’s not all doom and gloom. Certain factors, such as the declining amount of BTC held on exchanges, suggest a rebound is also possible. As 加密土豆 报告, the figure recently dipped to a six-year low, meaning that investors have abandoned centralized platforms in favor of self-custody, thereby reducing immediate selling pressure.

Meanwhile, whales scooped up more than 30,000 BTC in a week: a strong signal that they are positioning for the next rally and something that could encourage retail investors to jump on the bandwagon, too.

职位 Bitcoin (BTC) or Ethereum (ETH): Which Will Bottom First? 首次出现在 加密土豆.


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (449) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (73) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。