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Bitcoin and Ethereum Price Predictions and Trends

Bitcoin is trading above the $60,000 psychological mark, with the dollar index (DXY) testing local lows near 101.077 after unexpectedly weak US Non-Farm Payrolls data cooled the buck.

Bitcoin and Ethereum Price Predictions and Trends

Macro setup and BTC technicals

Weak NFP shifted near-term power to buyers, though the dollar's broader uptrend is intact. DXY stopped at 101.077; the 101.20-101.35 zone now serves as the rejection level to monitor. If DXY fails to reclaim that range, altcoin longs become a higher-probability setup. If DXY catches a bid, waiting mode is the rational play.

This week's calendar includes PMI indices, FOMC meeting minutes, and initial unemployment claims. No major inflation prints are scheduled. Traders should size down until the dollar index prints a clean reaction at resistance. Liquidity sweeps above $60K will likely define BTC's next leg. Slippage risk remains elevated for entries chased into thin order books; bid-ask spread widens at session open.

ETH levels and Lee's renewed thesis

Ethereum cleared the lower 4H Fair Value Gap at $1,580 and tagged last week's high at $1,808. Price is now compressed between $1,700-1,725 support and $1,840-1,860 resistance. The $1,503 low remains untested — that floor defines downside risk for any long opened above current levels. Buying at these highs without a retest of support carries an unfavorable risk-reward; waiting for a clean breakout or a pullback entry is the more rational approach.

Tom Lee of Fundstrat renewed his bullish ETH/BTC ratio call for 2H 2026, citing structural tailwinds shared via BitMine's X post. Lee's baseline scenario: if BTC reaches $250,000 and ETH/BTC recovers to 2021 cycle ratios, ETH trades $12,000 to $22,000. In a more aggressive scenario where Ethereum functions as critical payments infrastructure for tokenized finance, Lee floated $62,000 per token. At that level, with roughly 120.7 million ETH in circulation, market cap hits approximately $7.5 trillion — about 3.5x the current total crypto market cap near $2.14 trillion. The $62K target requires a fundamental shift in how global finance adopts blockchain rails, not a simple rotation trade.

Watchlist and execution filter

XRP's July outlook remains contested, with coverage debating a rebound versus a break below $1. Elon Musk's recent comments on US economic growth have provided sentiment support for BTC, per CoinMarketCap reporting, though price action still needs DXY cooperation to extend.

The pragmatic filter: track DXY at 101.20-101.35, ETH's $1,503 floor, and BTC's $60K bid-ask behavior. Until one of these breaks cleanly, position sizing matters more than directional conviction. Strict risk management and waiting for confirmation remain priorities — the data does not support chasing.