empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
30.06.2025 09:30 AM
Trading Recommendations for the Cryptocurrency Market on June 30
Open trading account Open demo account

Bitcoin and Ethereum continued to grow over the weekend, indicating steady demand even as the leading cryptocurrency approaches its historical highs. While everyone is anticipating that Bitcoin will soon break above the $112,000 level, I came across some rather interesting reports regarding hacks and thefts in the first half of 2025.

This image is no longer relevant

According to the data, hackers stole $2.1 billion in crypto, with over 80% of the losses stemming from infrastructure attacks — thefts of private keys, seed phrases, and frontend breaches. This alarming data highlights the growing vulnerability of the cryptocurrency industry to cybercrime, which is becoming increasingly sophisticated and targeted. The focus of attacks is shifting from individual users to larger targets — crypto platforms, exchanges, and services that provide storage and transaction solutions for digital assets.

The theft of private keys and seed phrases remains one of the most common and effective methods for attackers to gain complete control over victims' cryptocurrency wallets and assets. Frontend breaches, in turn, enable the injection of malicious code that intercepts user credentials or redirects transactions to the attackers' wallets.

The largest incident was the $1.5 billion Bybit hack, reportedly carried out by North Korea. Also noted in the report was the June hack of the Iranian exchange Nobitex, which resulted in the theft of $90 million.

However, judging by Bitcoin's price movement, this doesn't appear to be significantly affecting the crypto market. In the past, such hacks had a more noticeable impact, with Bitcoin often reacting by declining.

Regarding my intraday strategy in the cryptocurrency market, I will continue to act based on any major pullbacks in Bitcoin and Ethereum, anticipating a continuation of the medium-term bull market, which remains intact.

For short-term trading, the strategy and conditions are outlined below.

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: I will buy Bitcoin today at the entry point near $108,400, targeting a rise to $109,100. At around $109,100, I plan to exit my long positions and sell immediately on a rebound.

Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in the zone above zero.

Scenario #2: Bitcoin can also be bought from the lower boundary of $107,900 if there is no market reaction to a breakout downward, with a return move to $108,400 and $109,100.

Sell Scenario

Scenario #1: I will sell Bitcoin today at the entry point near $107,900, targeting a decline to $107,200. Around $107,200, I plan to exit short positions and buy immediately on a rebound.

Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in the zone below zero.

Scenario #2: Bitcoin can also be sold from the upper boundary of $108,400 if there is no market reaction to a breakout upward, with a return move to $107,900 and $107,200.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: I will buy Ethereum today at the entry point near $2,531, targeting a rise to $2,566. At around $2,566, I plan to exit my long positions and sell immediately on a rebound.

Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in the zone above zero.

Scenario #2: Ethereum can also be bought from the lower boundary of $2,487 if there is no market reaction to a breakout downward, with a return move to $2,513 and $2,566.

Sell Scenario

Scenario #1: I will sell Ethereum today at the entry point near $2,487, targeting a drop to $2,433. At around $2,433, I plan to exit my short positions and buy immediately on a rebound.

Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in the zone below zero.

Scenario #2: Ethereum can also be sold from the upper boundary of $2,513 if there is no market reaction to a breakout upward, with a return move to $2,487 and $2,433.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
EUR/USD Analysis on July 8, 2025 The wave pattern on the 4-hour EUR/USD chart has remained consistent for several months. The upward trend segment continues to form, and the news backdrop continues to support all currencies
Chin Zhao
20:00 2025-07-08 +02:00
1405
Wave analysis
GBP/USD Analysis on July 8, 2025 The wave pattern for GBP/USD continues to indicate the formation of a bullish impulse structure. The wave pattern is nearly identical to that of EUR/USD, as the U.S. dollar remains
Chin Zhao
19:46 2025-07-08 +02:00
1315
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Crypto market resilient despite dollar volatility

BTC/USD is rising again today after yesterday's dip, overall maintaining its bullish momentum. Fundamentally, conditions continue to support BTC/USD growth in the medium term. The global economic and market landscape
Jurij Tolin 14:14 2025-07-08 UTC+2

Japan's digital bank by Metaplanet

While Bitcoin stubbornly refuses to decline, fueled by massive demand from ETF funds, the Japanese firm Metaplanet is planning to use its Bitcoin reserves to create the first digital bank
Jakub Novak 13:46 2025-07-08 UTC+2

Trading tips for crypto market on July 8

Both Bitcoin and Ethereum remain on a sound footing, poised to continue a bullish trend. As long as BTC continues trading above the $105,000 mark, the odds of further growth
Miroslaw Bawulski 12:16 2025-07-08 UTC+2

Clarity act on digital asset market gains support

Bitcoin and Ethereum have returned to the channels in which they spent most of last week. While Bitcoin has yet to break above the $109,000 mark, the prospects
Jakub Novak 11:00 2025-07-08 UTC+2

Elon Musk's America party advocates for Bitcoin and digital assets

The recently formed political party, America Party led by Elon Musk, will support Bitcoin. This was announced by the Tesla CEO himself on social media. "Fiat is hopeless
Jakub Novak 15:31 2025-07-07 UTC+2

Bitcoin will test its Support.1 after successfully breaking through and closing below the Uptrendline intraday chart, Friday, July 4, 2024.

Bitcoin – Friday, July 4, 2025. With an inflow into the Bitcoin ETF around USD$ 50 billion, it shows strong interest from investors, thus strengthening the legitimacy of this cryptocurrency
Arief Makmur 07:58 2025-07-04 UTC+2

Ripple has the potential to correct and weaken down to the Support level of 2.1924, Friday, July 4, 2025.

Ripple – Friday, July 4, 2025 Friendly regulatory pressure and the case with the SEC that seems to be stopped and open interest in the derivatives market that has jumped
Arief Makmur 07:58 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 4

Bitcoin has encountered significant resistance around $110,000, and it is unlikely to break through this level easily in the near term. Ethereum is also facing difficulties moving above the $2,600
Miroslaw Bawulski 07:27 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 3

Bitcoin and Ether have resumed growth, reaching new weekly highs amid favorable macroeconomic conditions. Over the past 24 hours, Bitcoin has risen by 2.5%, trading above $109,000. Ethereum also advanced
Miroslaw Bawulski 08:47 2025-07-03 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 2

Bitcoin continued its correction and during today's Asian trading session reached a new level of $105,000. Ethereum also dropped significantly but was quickly bought back, stabilizing around $2,425. Meanwhile
Miroslaw Bawulski 08:33 2025-07-02 UTC+2

Top analytics

Relevance up to 21:00 UTC--5
GBP/USD Forecast for July 8, 2025
05:56 2025-07-08
Technical analysis
Relevance up to 21:00 UTC--5
AUD/USD Forecast for July 8, 2025
05:50 2025-07-08
Technical analysis
Relevance up to 05:00 UTC--5
GBP/USD: Simple Trading Tips for Beginner Traders on July 8th (U.S. Session)
12:55 2025-07-08
Forecast
Relevance up to 21:00 UTC--5
EUR/USD Forecast for July 8, 2025
06:14 2025-07-08
Technical analysis
Relevance up to 19:00 UTC--5
Trading Recommendations and Trade Analysis for EUR/USD on July 8th
06:51 2025-07-08
Trading plan
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.