Flare, Bitcoin & Ethereum: Asian Markets Brace for Volatility as Crypto Giants Face Pivotal June Test
Crypto traders buckle up—Flare’s infrastructure play and the old guards (BTC, ETH) are dancing on a knife’s edge as Asian markets open. No crystal balls here, just raw speculation and the usual Wall Street ’experts’ flip-flopping between euphoria and doom.
Bitcoin’s still the heavyweight, Ethereum’s gas fees remain a punchline, and Flare? Well, someone’s gotta keep the ’next-gen blockchain’ dream alive. Meanwhile, traditional finance bros clutch their pearls—right before diving headfirst into the next leveraged long.
Top 3 Crypto Gainers FLR, XMR, and ZEC: Flare leads the layer-1 rally with aims to unlock XRP’s DeFi potential
Flare records double-digit gains over the last 24 hours at press time, trading at $0.01990. The DeFi token created a bullish engulfing candle on Sunday, with a NEAR 10% surge, crossing above its 200-day Exponential Moving Average (EMA) at $0.01908. With an intraday rise of over 3%, the uptrend exceeds a multi-month resistance trendline formed by peaks on December 3 and January 18, alongside multiple long-tailed candles in May.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP consolidate as bulls struggle to reclaim momentum
Bitcoin price closed below the daily support level of $106,406 on Thursday and declined by 1.50% the following day. However, it recovered slightly during the weekend. At the time of writing on Monday, it trades at around $105,000. Suppose BTC faces resistance around the $106,406 daily level and continues its correction. It could extend the decline to revisit the psychologically important level of $100,000.
Ethereum Price Forecast: ETH posts first monthly positive returns in 2025 following whale and ETF buying pressure
Ethereum (ETH) trades around $2,578 on Friday, down 2.6% on the day but up about 46% on the monthly timeframe — its first positive monthly return in 2025 — after whales and ETF investors returned to put the top altcoin back in the limelight. Ethereum is on track to finish May as its first positive month in 2025, with a monthly return of approximately 46%, according to data from Laevitas.ch.
