Cryptology Key shared a forecast on the price movement of Bitcoin and Ethereum

On June 22-23, 2025, Bitcoin experienced a downturn, testing levels below $99,000. Ethereum is trading in the range of $2200 to $2300. The Cryptology Key team analyzed the market situation and provided their forecast regarding these assets.

The best plan under the current conditions is to wait for the end of the month. It is clear that a monthly imbalance is forming, which can be worked with during the period from July to August 2025. No significant market activity is expected, so one can go on summer vacation. The only thing of interest is short positions.

As you can see, the price of the asset tested the imbalance, but could not get a favorable reaction. As before, we expect a correction. The first zone of interest is from $92,569 to $94,416. This is the minimum depth of drawdown that bitcoin can reach during the summer correction

In the previous review, we mentioned several possible scenarios for the development of the situation, and here we will mention one more. However, different events may occur that ultimately do not exert any pressure on Bitcoin. Therefore, there are chances for all three scenarios to be realized, but altcoins will suffer significantly in such a case.

The situation is similar here, so there is nothing to add. We expect a correction to the mark of $2116, which we have almost reached. Overall, we anticipate the beginning of accumulation before the rise in autumn.

In this case, the situation looks more interesting. If the week closes below $2326, a correction to $2111 is possible. However, if the momentum is strong enough, we expect a drop to $1931.

It should be noted that all short positions opened between June 16, 2025, were successfully closed before the U.S. attack on Iran. This event served as only a small catalyst, but it was clear on the chart that the asset was preparing for important and global events.

In this regard, only a downward correction is of interest. At the same time, a small upward pullback can also be considered into the daily imbalance range, which will be formed on June 24, 2025, and from there, further short positions can be considered for the test at $2100.

More analysis and interesting materials — in the Telegram channel Cryptology Key.