Bitcoin and Ethereum saw significant growth over the weekend; however, at the start of Monday, pressure returned to the cryptocurrency market. It appears that traders took advantage of the U.S. holiday weekend, leading to a slight shift in market dynamics. Bitcoin briefly broke the $64,000 mark, while Ethereum reached the $1,800 level.

As the recent upward correction in the cryptocurrency market approaches its end, news has emerged that Germany's largest banking networks are preparing to do what seemed unthinkable just a couple of years ago: millions of Germans will be able to buy and sell Bitcoin and other cryptocurrencies directly through their usual banking apps, without needing a separate exchange or additional software.

This involves two giant networks: the Sparkassen savings banks, with approximately 50 million customers, and cooperative banks led by DZ Bank, with another 30 million customers. Collectively, this represents around 80 million banking relationships in a country with a population of 84 million, meaning cryptocurrency will literally reach almost every adult German through their main bank. The reason for this shift is simple and pragmatic: banks have recognized real demand from customers and do not want to lose them to cryptocurrency platforms.

This development has been made possible by the introduction of the EU's MiCA regulatory framework, which will fully come into effect across the European Union on July 1, 2026. This regulatory clarity convinced conservative German banks that working with cryptocurrency is now safe and legally predictable. Is this good for the cryptocurrency market? Definitely yes.

Regarding short-term trading, the strategy and conditions are described below.

Bitcoin

Buy Scenario

• Scenario No. 1: I will buy Bitcoin today upon reaching an entry point around $63,200, targeting a rise to the level of $63,800. At around $63,800, I will exit from buy positions and immediately sell on the bounce. Before buying on a breakout, ensure that the 50-day moving average is below the current price and that the Awesome oscillator is above zero.
• Scenario No. 2: I can buy Bitcoin at the lower boundary of $62,900 if there is no market reaction to its breakout in the opposite direction towards $63,200 and $63,800.

Sell Scenario

• Scenario No. 1: I plan to sell Bitcoin today after reaching an entry point around $62,900, targeting a drop to $62,400. At around $62,400, I will exit from sell positions and immediately buy on the bounce. Before selling on a breakout, ensure that the 50-day moving average is above the current price and that the Awesome oscillator is below zero.
• Scenario No. 2: I can sell Bitcoin from the upper boundary at $63,200 if there is no market reaction to its breakout in the opposite direction towards levels $62,900 and $62,400.

Ethereum

Buy Scenario

• Scenario No. 1: I will buy Ethereum today at an entry point around $1,774, targeting a rise to $1,800. At around $1,800, I will exit from buy positions and immediately sell on the bounce. Before buying on a breakout, ensure that the 50-day moving average is below the current price and that the Awesome oscillator is above zero.
• Scenario No. 2: I can buy Ethereum from the lower boundary at $1,760 if there is no market reaction to its breakout in the opposite direction towards levels $1,774 and $1,800.

Sell Scenario

• Scenario No. 1: I plan to sell Ethereum today after reaching an entry point around $1,760, targeting a drop to $1,742. At around $1,742, I will exit from sell positions and immediately buy on the bounce. Before selling on a breakout, ensure that the 50-day moving average is above the current price and that the Awesome oscillator is below zero.
• Scenario No. 2: I can sell Ethereum from the upper boundary at $1,774 if there is no market reaction to its breakout in the opposite direction towards levels $1,760 and $1,742.