Bitcoin (BTC) price After the US market opening, it exceeded 71 thousand dollars again, but it has not yet gained the safe zone of 75 thousand dollars. Although we see weak gains in altcoins, examples such as DOGE continue the day with a 5 percent loss. Trump hinted this evening that there is almost no place left to target in Iran and most of the work is done. So what are the predictions for HYPE and ETH?
Bitcoin (BTC)
BTC, which gained 71 thousand dollars, responds to the retreat in the oil price. If it weren’t for the tension in Iran, cryptocurrencies could have made more gains after today’s inflation report. While the oil price stabilizes with the release of critical reserves, attacks on Iran are expected to not last for months. If negotiations are to be discussed, we should see concrete steps by the end of this week.
Kyle pointed out the change on the option front. BTC price He wrote that the increase may continue and that there is a possibility that the increase may extend up to 80 thousand dollars.
“BTC rebounded from the panic drop below $63,000 and bounced back to around $70,000. Options flow also started to change:
Downside hedging is easing.
Put sales are increasing.
Some positions are shifting towards $80,000.
For now, it looks more like stabilization than a full-blown risk-taking move. However, the $60,000-$70,000 range is a region where long-term buyers are still emerging.”
It is positive that BTC can hold on in this liquidity zone. We also mentioned that different on-chain data indicates a halt in sales. The next step is for the stalled sales to turn into buying appetite. Feature Coinbase Premium is important at this point, the ETF channel is promising in this regard as it has recovered this week.
HYPE Coin and ETH
In our last evaluation HYPE Coin We mentioned that it was willing to surpass $35 and the price is now in the resistance zone. If HYPE, which found buyers at $ 36, can remain strong, the rise can be expected to continue up to $ 42. The fact that Hyperliquid (HYPE) turned the weakness in crypto in favor of the protocol with its strong revenue stream, user density and the steps taken on the commodity side made the Hyperliquid (HYPE) chart look so enthusiastic.
Altcoin Sherpa expressed his support in his evaluation today by saying “those who do not want to take risks can consider HYPE, which is one of the safest alternatives.”
The analyst with the pseudonym DaanCrypto shared the ETH chart above and wrote:
“ETH It is still consolidating below the $2,100 level. This has been a significant price range in price movements for Ethereum over the past few years. In an environment where the price is so tight, I am closely monitoring both the $1,800 local support and the $2,100 level. “Once there is a breakout on either side of this range, I think a big move will occur.”
