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Bitcoin correction: Investors fear the next support zone!
Current crypto news from May 19, 2025: Bitcoin struggles for stability while Ethereum and other coins correct. Analyzes and market overview.
Bitcoin correction: Investors fear the next support zone!
On May 19, 2025, the Bitcoin price temporarily reached $106,850, the highest level since mid-January. The price is currently at $103,100 and is stable on a daily basis. Despite this positive development, Ethereum corrected by 4.8 percent and is now trading at $2,380. A clear cause for this moderate crypto correction has not been identified, worrying investors. The BTC ECHO reports that traders' optimism may have been premature after positive news of the trade war easing moved markets.
In addition to Bitcoin and Ethereum prices, other major cryptocurrencies also suffered losses. Cardano (ADA) corrected 4.5 percent to $0.72, while Solana (SOL) fell 4.2 percent to $163. Ripple Coin (XRP) is currently down 1.8 percent and stands at $2.34. Investors are hoping for possible support for Bitcoin and Ethereum after Wall Street opens at 3:30 p.m., as the US benchmark S&P 500 fell 1 percent to 5,915 points and the NASDAQ 100 fell 1.25 percent to 21,240 points.
Market analysis and investor confidence
In the last trading week, a total of $608 million flowed into Bitcoin Spot ETFs, while $42 million was invested into Ethereum Spot ETFs. Loud Bitcoin 2Go The Fear & Greed Index shows a score of 74, which is in the “greedy” range. This suggests that investors may be over-optimistic. Historically, a high score often signals an impending correction.
The Fear & Greed Index last rose to a high of 84 in March 2024, indicating “extreme greed.” This market situation could result in a 10 to 13 percent correction for Bitcoin as support lies between $76,000 and $78,000. Furthermore, resistance at $89,500 could be crucial for continuation of the increase.
Outlook for the next steps
Analyst Michaël van de Poppe expressed pessimism about upcoming US inflation data (CPI), which could put pressure on markets. Still, some investors view pullbacks as an opportunity to enter Bitcoin, while short-term Bitcoin short positions could be profitable. However, it is important to note that the window of opportunity for such strategies is likely to be small. Despite these uncertainties, the future development of crypto adoption is seen as potentially positive, which could lead to market stabilization in the long term.