Bitcoin hit 95.000 € ($107,000) before dropping to 91.000 € ($102,000), Ethereum followed with a whale-driven correction — but both held key support. Despite short-term volatility, the charts, sentiment, and fundamentals all point in the same direction: strength.
This isn’t the time to hesitate. While the market shakes out weak hands, confidence is building. Is this just a breather — or the setup for new highs?
Let’s break it all down in this week’s CryptoUnity Weekly Crypto News.
After 95.000 € ($107,000) and a Flash Drop, Bitcoin Is Still in the Game
After weeks of strong gains, Bitcoin (BTC) spent most of last week in a tight range between 90.000 € ($101,000) and 94.500 € ($106,100).
At the start of the week, U.S. CPI inflation data came in lower than expected, which would normally support risk assets like crypto. But Bitcoin’s reaction was muted — uncertainty around future interest rate cuts and macro headlines kept traders cautious and reactive to short-term news.
Despite moving sideways, Bitcoin closed the week with its highest-ever weekly candle, ending Sunday less than 3% away from its all-time high. After briefly touching 95.000 € ($107,000), BTC saw a sharp 4% drop, only to quickly bounce back above 92.600 € ($104,000).
This pattern is known as a liquidity grab — a strategic move often seen in volatile markets. Here’s how it works: price first pushes higher, triggering liquidations of short positions (traders betting on a drop). Then, once momentum stalls, the price quickly reverses, catching long positions off guard and forcing them to sell — this “cleans out” both sides of the market before the next real move begins.
What’s important is this: Bitcoin is holding above the 89.000 € ($100,000) level — and that’s a big deal. This isn’t just a round number. It’s a key psychological milestone, and if BTC can continue treating it as support, analysts believe it could mark the start of a new growth phase in this bull cycle.
What Triggered the Crypto Market Drop — And Why It May Be Bullish
After reaching 95.000 € ($107,000) over the weekend, Bitcoin saw a sharp 4% drop on Monday, falling to around 91.000 € ($102,000) — and many other cryptocurrencies followed the same pattern. For new investors, this kind of sudden movement might seem alarming, but it’s actually a common occurrence in crypto — and there are clear reasons behind it.
The main reason for the drop was technical resistance. Bitcoin had already climbed strongly in recent weeks, and the zone above 94.400 € ($106,000) had previously proven difficult for the price to break through. As traders began locking in profits after the weekly close, selling pressure increased — and prices quickly dropped.
Another factor was macroeconomic news. A few negative headlines made investors more cautious. These included a credit rating downgrade of the U.S. by Moody’s and renewed concerns about inflation and a slowing economy — both of which can lead large investors to act more conservatively in the short term.
Where Does Crypto Go from Here?
Despite the recent pullback, the overall outlook for Bitcoin and the broader crypto market remains positive. Bitcoin managed to stay above the key 89.000 € ($100,000) level and is now retesting a strong support zone between 91.000 € ($102,000) and 92.600 € ($104,000). If this area holds, it could serve as a launchpad for the next upward move — potentially leading to new all-time highs in the days ahead.
The trend remains bullish: Bitcoin is still following an upward channel, consistently making higher highs and higher lows. At the same time, the Bitcoin Bull Score Index, which tracks market strength, has jumped to 80. The Fear & Greed Index is also rising, signaling growing investor confidence.
Many analysts now point to 103.300 € ($116,000) as the next major target — and say it could arrive “very soon” if momentum holds.
After Whale Sell-Off, Ethereum Finds Support Near 2.000 € ($2,300)
After a strong rally to nearly 2.400 € ($2,700), Ethereum (ETH) dropped over 5% on Monday, falling to around 2.120 € ($2,380). This pullback followed a broader crypto market correction and was intensified by a mix of technical factors, liquidations, and emotional selling.
From a technical perspective, ETH reached a key resistance zone between 2.200 € ($2,500) and 2.400 € ($2,700) — a level where many traders tend to take profits. When Ethereum failed to hold that range, short-term traders rushed to sell, and the price dropped quickly.
Adding to the pressure was a “whale capitulation,” where a large ETH holder sold thousands of coins at a significant loss. While this kind of move can shake the market, it also helps “clear out” weaker hands and reset the playing field for stronger momentum.
Despite the correction, Ethereum’s fundamentals look strong. More ETH is leaving exchanges — a signal that investors are choosing to hold for the long term. Trading volume has jumped, and technical indicators suggest that if ETH holds support around 2.000 € ($2,300), it could bounce back to 2.300 €–2.400 € ($2,600–$2,700) — or higher.
Looking further ahead, price targets around 2.670 € ($3,000) are back in play — and according to Cointelegraph, some believe Ethereum could reach new all-time highs near 4.450 € ($5,000), driven by growing AI adoption, the possibility of spot ETFs, and continued progress following the recent Pectra upgrade.
Even after the dip across crypto markets, the outlook remains clear: momentum is holding, whales are repositioning, and support levels are doing their job. Smart money is watching. Big moves don’t wait. And if this week is the setup — you’ll want to be ready when the breakout happens.
We’ll be back next Monday with more key updates — until then, keep learning and stay sharp. The next move could come faster than you think.
