Bitcoin, Ethereum and Ripple: Market trend forecast this week

Bitcoin, Ethereum and Ripple: Market trend forecasts This week, the cryptocurrency market has been in turmoil recently, especially after the US President Donald Trump administration announced the Bitcoin strategic reserve plan, market sentiment has experienced drastic fluctuations. Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are the core assets of the crypto market, and their price trends have attracted much attention from investors. The following are detailed forecasts and analysis of the three major mainstream cryptocurrencies this week. Bitcoin (BTC): Looking for support in the fluctuations, the recent price fluctuations of Bitcoin are extremely severe. First, after Trump announced the strategic reserve plan for Bitcoin, the price soared to $93,000, and then the market saw a pullback, which is currently stable around $82,000. Market sentiment is affected by multiple factors: Policy-driven: The Trump administration’s Bitcoin reserve program boosts market confidence, but the ongoing tariff disputes have filled the overall economic environment with uncertainty and weakened investors’ risk appetite. Changes in institutional investment: On-chain data shows that institutional investors' interest in Bitcoin has declined, and US spot BTC ETFs have flown out of 4.3 billion US dollars in the past two months, indicating that the market still has selling pressure in the short term. Technical analysis: Bitcoin is currently supporting around $78,000, but it is still possible to fall back to $73,700 in the short term. If the market continues to be under pressure, the possibility of testing $70,000 cannot be ruled out. Ethereum (ETH): Key support level under the bulls and bears game. The Ethereum market has also been affected by policies and market sentiment recently: Short-term rebound: After the Trump administration's cryptocurrency reserve plan was released, ETH price rebounded nearly 12%, reaching a maximum of US$2,845. Market pullback: Currently, ETH price has fallen to around US$1,900, and the overall trend is still relatively weak. Future trend forecast: If the ETH price falls below $1,760, the market may trigger a new round of panic selling, with the target being around $1,500. But if it can maintain the range of $1,900-2,000 and breaks through $2,200, it is expected to re-enter the uptrend. Cryptocurrency analyst Benjamin Cowen believes that the final bottoming of ETH will depend on whether the Fed stops quantitative tightening (QT) and moves toward easing (QE). If global central banks launch a new round of easing measures, ETH is expected to rebound. Ripple (XRP): Highlights in the market's counter-trend, compared to BTC and ETH, Ripple's recent trend is relatively strong: Strong rebound: Affected by policy, XRP price rose 31% in a short period of time, hitting a maximum of US$2.14. Market confidence is strengthened: Analysts predict that if XRP continues to be supported by policy, its price may climb to $5.81 in the future, or even break above $10 in the long term. Key support and resistance: If XRP holds the key support of USD 2, it is expected to challenge the resistance above USD 2.5. But if it falls below US$1.5, the market may enter a new round of correction. In addition, Ripple is currently advancing a legal lawsuit with the SEC, and XRP may experience a strong uptick if it wins. Market Outlook: Can the crypto market stabilize? At present, the cryptocurrency market is facing multiple challenges: Intensifying policy impact: The Trump administration's attitude towards the crypto market has changed, making the market full of uncertainty and investor sentiment fluctuated greatly. Institutional Fund Outflow: Mainstream crypto asset ETF funds continue to flow out, indicating that institutional investors are still on the wait-and-see attitude. Global economic situation: If global central banks such as the Federal Reserve continue to maintain tightening policies, the crypto market may be under pressure in the short term, but once it turns to easing, cryptocurrencies may usher in a new round of rises. Overall, Bitcoin may fluctuate in the short term between US$78,000 and US$82,000, Ethereum needs to hold the key support of US$1,760, while Ripple is expected to remain above US$2. Future trends still need to pay close attention to policy trends and changes in market sentiment.