Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

Key points:

• A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000.

• HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000.

Bitcoin is forming a Doji candlestick pattern on the weekly chart, indicating indecision between buyers and sellers. Despite the near-term uncertainty, analysts remain bullish on Bitcoin’s prospects in 2025, expecting a rally from $140,000 to $270,000.

Another positive sign is that the geopolitical turmoil caused by the conflict between Israel and Iran did not create panic among investors. According to Farside Investors’ data, US-based spot Bitcoin exchange-traded funds witnessed $86.3 million in inflows on Thursday and $301.7 million on Friday, boosting the total weekly inflows to $1.37 billion.

Bitcoin’s consolidation just below the all-time high has not generated a sell signal in any of the 30 “bull market peak” indicators monitored by CoinGlass. In a post on X, popular trader Cas Abbe said the models project a target between $135,000 to $230,000 for Bitcoin this cycle.

Could Bitcoin rise toward $110,500, pulling select altcoins higher? If it does, let’s look at the cryptocurrencies that look strong on the charts.

Bitcoin price prediction

Bitcoin found support at the 50-day simple moving average ($103,604) on Friday, but the bulls are struggling to push the price above the 20-day exponential moving average ($106,028). That suggests a lack of buying at higher levels.

The flattish 20-day EMA and the relative strength index (RSI) near the midpoint do not give a clear advantage either to the bulls or the bears. If buyers drive the price above the 20-day EMA, the pair could climb to the $110,530 to $111,980 zone. Sellers are expected to fiercely defend the overhead zone, but if the bulls prevail, the pair could skyrocket toward $130,000.

On the downside, a break below the 50-day SMA could challenge the critical psychological level of $100,000. If the level cracks, the pair may slide to $93,000.

Sellers are trying to stall the recovery at the 20-EMA on the 4-hour chart. If the price turns down sharply and breaks below $104,000, the short-term advantage tilts in favor of the bears. The pair may descend to $102,664 and then to $100,000. Buyers are expected to vigorously defend the $100,000 level.

The bulls will have to propel the price above the 50-SMA to seize control. The pair could then surge toward $110,530.

Hyperliquid price prediction

Buyers have been struggling to maintain Hyperliquid (HYPE) above $42.50, indicating that bears are active at higher levels.

The upsloping 20-day EMA ($36.96) indicates that buyers have an edge, but the negative divergence on the RSI suggests that the bullish momentum is slowing down. A break and close above $44 will invalidate the negative divergence, opening the gates for a rally to $50.

Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it signals profit-booking by the bulls. That could start a deeper correction to $32.50 and subsequently to $30.50.

The pullback is taking support at the 50-SMA on the 4-hour chart, suggesting that lower levels are attracting buyers. If the 20-EMA is scaled, the pair could climb to $42.78 and then to $44. The uptrend will resume on a break above $44.

Contrarily, a break and close below the 50-SMA suggests the bulls have given up. That could accelerate selling, pulling the pair to the uptrend line. This is a crucial near-term support to watch out for because a break below the uptrend line could sink the pair to $30.50.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) bounced off the 50-day SMA ($403) on Friday, but the bulls are facing stiff resistance at $462.

The upsloping moving averages and the RSI in the positive territory indicate the path of least resistance is to the upside. If buyers overcome the barrier at $462, the pair could rally to $500.

The 50-day SMA is the vital support to watch out for on the downside. If the support cracks, the pair could sink to $375. Buyers will try to arrest the decline at $375. If they succeed, the pair may consolidate between $375 and $462 for a while.

The pair has reached the $462 resistance, where the bears are expected to step in. If buyers do not allow the price to dip below $450, it improves the prospects of a break above $462. If that happens, the pair could surge toward $500.

Alternatively, if the $500 level gives way, the pair could drop to the moving averages. If the price rebounds off the moving averages, the bulls will again try to push the price above $462. The short-term trend will favor the bears on a break below the 50-SMA.

Aave price prediction

Aave (AAVE) soared above the $285 resistance on Tuesday, but the bulls could not sustain the higher levels.

The price turned down sharply from $325 on Wednesday and has reached the 20-day EMA ($269). If the price rebounds off the 20-day EMA with force, the bulls will strive to push the pair above $325. If they manage to do that, the pair could soar toward $380.

On the contrary, a break below the 20-day EMA could pull the pair to the uptrend line. Buyers are expected to defend the uptrend line with vigor. If the price turns up from the uptrend line and breaks above the 20-day EMA, the bulls will again try to drive the pair to $325.

The 20-EMA is sloping down on the 4-hour chart, and the RSI has dipped into the negative zone, signaling that bears have the upper hand. There is support at $261, but if the level breaks down, the pair could slump to the uptrend line.

The first sign of strength will be a break and close above the 20-EMA. That opens the doors for a rise to $291 and thereafter to $309. Sellers are expected to vigorously defend the $309 to $325 zone.

OKB price prediction

OKB (OKB) has been trading inside a descending channel pattern for several days. Buyers tried to push the price above the channel on Wednesday, but the bears held their ground.

A minor advantage in favor of the bulls is that they have not allowed the price to fall to the $49 support. That signals buying on dips. If buyers push the price above the moving averages, the OKB/USDT pair could move up to the resistance line. Repeated retest of a resistance level tends to weaken it. If buyers pierce the resistance line, the pair could rally to $56 and then to $60.

This positive view will be invalidated in the near term if the price turns down and breaks below the $49 support. That suggests the pair may remain stuck inside the channel for a few more days.

The bulls are trying to start a recovery, but the bears are defending the 20-EMA on the 4-hour chart. If the price turns down from the 20-EMA and breaks below $51, it suggests that bears are in control. The pair could then plummet toward $49.

On the other hand, a move above the moving averages suggests the bears are losing their grip. That increases the possibility of a rise to the resistance line, which is an important level to watch out for. A break above the resistance line signals a potential trend change.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

As geopolitical tensions between Iran and Israel escalate once again, global risk appetite is taking a hit. These conflicts often inject short-term volatility across traditional and crypto markets, and Ethereum is no exception.

While ETH has held relatively steady above $2,500 in recent weeks, the growing fear in macro markets is beginning to surface in price structure and sentiment shifts.

This is a sensitive moment for traders: ETH sits on the edge of a critical range, and what happens next may hinge as much on external events as technical factors.Technical Analysis

By ShayanMarketsThe Daily Chart

Ethereum’s daily chart shows a clear rejection from the $2,800 resistance area, which also aligns with the 200-day moving average and a bearish order block. After a strong relief rally from the $1,500 region earlier this quarter, ETH consolidated in an ascending channel pattern but is now likely to break below the lower trendline of that channel.

This structure typically signals exhaustion in bullish momentum, especially when the market fails to push higher despite favorable short-term setups. The RSI has also dropped back under the 50 mark, reflecting bearish momentum.

The price is now re-entering the mid-range zone, between $2,800 and $2,150. If Ethereum fails to reclaim $2,800 soon, the door will open for a possible move back toward the $2,150 support level, which coincides with the 100-day moving average and the top of the last major accumulation range. A bounce from there would be critical to preserve the broader bullish bias in recent months.

On the 4H chart, the asset has broken down from the ascending channel it had been respecting for weeks. The rejection from the $2,800 order block created a sharp drop that left behind an imbalance (FVG) near the $2,600 zone, currently acting as short-term resistance. The structure now resembles a potential distribution phase, particularly if the price breaks below the channel without fresh buying pressure.

The RSI also remains weak, hovering just below 50, and shows no signs of bullish divergence. There is also a notable lack of volume on recent bounces, suggesting that demand is drying up as macro uncertainty looms. If the channel breakdown occurs, ETH could retrace toward the $2,300 demand zone. Holding that area would be crucial, as losing it could invite a deeper correction toward $2,100, where stronger bullish interest likely awaits.

Open Interest (OI) on Ethereum derivatives has briefly reached its highest point over the past couple of years, exceeding $21B, before experiencing a marginal drop due to the liquidity caused by the tensions in the Middle East. What makes this development even more interesting is that this surge in OI is occurring while ETH is trading significantly lower than it did the last time OI was this elevated.

This divergence typically signals a buildup of leveraged positions—both long and short—that are yet to be flushed out of the system.

Historically, such OI-price divergence often precedes large-scale liquidation events. If the market can’t generate a clean breakout soon, a volatility spike triggered by the unwinding of over-leveraged positions could happen. This aligns with the growing geopolitical risk, which could catalyze a fast repricing if global investors move to risk-off assets. In other words, derivatives are flashing a warning. Even if the price looks calm, the undercurrent is anything but stable.