Top 3 Crypto to Watch This Week – Are Big Moves Coming?

Jakarta, Pintu News – As the crypto market evolves, investors and traders continue to monitor events that could potentially affect price movements.

According to CCN, in the week of March 17-23, 2025, three major cryptocurrencies-Solana (SOL), Ethereum (ETH), and Bitcoin (BTC)-are predicted to experience a pivotal moment.

Each of these coins has significant developments that can impact their market value. Let’s find out more!

Solana (SOL) – Launch of CME Futures

Solana has been one of the top performing altcoins, known for its high-speed transactions and growing ecosystem.

Read also: 3 Altcoins that Crypto Whale Bought This Week

On March 17, 2025, CME Group will launch the Solana futures contract, making it the third cryptocurrency after Bitcoin and Ethereum to be included in CME’s regulated derivatives market.

This is a major achievement that could have a significant impact on Solana’s price.

Why is this important?

• The launch of CME futures has previously increased institutional interest in crypto assets.
• Potentially increase market liquidity and volatility.
• Opens up more opportunities for traders to speculate and hedge.

Impact on Price

After experiencing a long-term downtrend from an all-time high of $294 to a low of $120, SOL prices are currently consolidating in a major horizontal zone.

• If institutional adoption increases rapidly, SOL could potentially rise to the $180-$200 range due to speculation on futures trading.
• However, if many traders utilize the futures market for short-selling, SOL prices could drop below the key support zone, risking even falling below $100.

Ethereum (ETH) – ETHTLV Conference Anticipation (March 24 – 28, 2025)

Although the ETHTLV 2025 conference in Tel Aviv won’t start until after March 23, expectations ahead of the event could trigger Ethereum price movements.

Historically, Ethereum-related events have often fueled speculation, especially if developers drop hints about major protocol updates or developments in the ecosystem.

Why is this important?

• Ethereum conferences are often the scene of important announcements from developers.
• Potential updates regarding Ethereum Layer 2 solution and subsequent upgrades after Dencun Upgrade.
• Institutional investors may increase their exposure to ETH ahead of the event.

Impact on Price

ETH is currently moving in a descending channel pattern and has recently found support at the lower level of around $1,800.

• If expectations of a major announcement increase, ETH could rise towards the $2,500 area, potentially even breaking the descending channel pattern, which could signal a new bullish phase.
• However, if the market remains stagnant and there are no significant updates, ETH may continue to move down in a descending channel pattern.

Bitcoin (BTC) – DC Blockchain Summit & ETF Market Movements (March 26, 2025)

Bitcoin remains at the center of crypto market movements, and regulatory discussions that will take place at the DC Blockchain Summit on March 26 may affect investor sentiment.

Read also: Bloomberg Analyst Warning: Bitcoin Price Could Plummet to $10,000!

Moreover, with Bitcoin ETFs continuing to gain attention, institutional demand remains a major factor in BTC price movements.

Why is this important?

• Regulatory Clarity: Potential discussion on Bitcoin ETFs, crypto-asset taxes, and crypto policy in the US.
• Institutional Flows: Bitcoin ETFs have attracted billions of dollars of investment, directly impacting the price of BTC.
• Macroeconomic Factors: Any updates from the Federal Reserve in this period could also affect BTC.

Impact on Price

Bitcoin dipped slightly below $80,000 in February but quickly recovered to $95,000 in early March.

The subsequent downtrend again tested the previous low but remained above $80,000, signaling a strong support area.

• If investment flows into ETFs remain positive and regulatory sentiment improves, BTC could potentially climb back to $95,000.
• However, if the market reacts negatively to the regulation discussion, a drop below $80,000 could take BTC to the next support level around $73,000.

Overall, the third week of March could be a crucial moment for crypto markets, fueled by speculation regarding the launch of CME Futures Solana, anticipation ahead of the Ethereum conference, and regulatory discussions surrounding Bitcoin.

Investors need to be mindful of the potential volatility in these assets and adjust their strategies accordingly. Will this series of events push prices higher, or will the market correct?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. 3 Cryptos to Keep an Eye On in the Third Week of March: Key Trends Ahead. Accessed on March 17, 2025