{"id":30044,"date":"2026-06-05T17:48:01","date_gmt":"2026-06-05T16:48:01","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/06\/05\/btc-eth-ada-correction-monthly-lows\/"},"modified":"2026-06-05T17:48:04","modified_gmt":"2026-06-05T16:48:04","slug":"btc-eth-ada-correction-monthly-lows","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/btc-eth-ada-correction-monthly-lows\/","title":{"rendered":"BTC, ETH, ADA: Correction Toward Monthly Lows \u2014 How Far Can the Drop Go?"},"content":{"rendered":"\n

The total crypto market cap has dropped 5.61%<\/strong> to $2.1 trillion<\/strong>, weighed down by a resurgence of uncertainty around US interest rates<\/strong>. Stronger-than-expected jobs data has reignited fears of a prolonged restrictive Fed policy<\/strong>. Bitcoin<\/strong> touched $60,000<\/strong>, Ethereum<\/strong> hit $1,500<\/strong>, and Cardano<\/strong> is trading near its monthly lows. All three assets are now sitting at technically critical levels.<\/p>\n\n\n\n

Bitcoin: The $60,000 Support Under Extreme Pressure<\/h2>\n\n\n\n

Bitcoin<\/a> plunged to $60,000<\/strong>, a level that marks a major support zone<\/strong> on the monthly chart. This psychological threshold coincides with previous cycle highs and represents a critical line of defense for bulls. Holding above this zone is essential to prevent a bearish<\/strong> acceleration.<\/p>\n\n\n\n

On the indicators side, BTC’s monthly RSI<\/strong> is approaching oversold territory, which could limit the depth of the current retracement<\/strong>. However, the MACD<\/strong> is showing a bearish crossover<\/strong> on the weekly timeframe, signaling that selling pressure remains dominant in the short term. A breakdown below $60,000 would open the door toward $55,000 and potentially $52,000<\/a><\/strong>.<\/p>\n\n\n\n

Bullish scenario<\/strong>: a recovery above $63,000<\/strong> on strong volume would confirm a technical bounce<\/strong> and reopen the conversation around a move back toward resistance<\/strong> in the $68,000\u2013$70,000 range. The broader structure remains intact as long as $60,000 holds.<\/p>\n\n\n\n

Ethereum and Cardano: Two Altcoins on the Edge<\/h2>\n\n\n\n

Ethereum<\/a> touched $1,500<\/strong> during the latest wave of selling, a level that represents a strong historical support<\/strong>. This threshold has previously acted as a floor during past corrections, and a clean break below it would send a very bearish<\/strong> signal across the broader altcoin<\/strong> market. The ETH\/BTC ratio<\/strong> continues to deteriorate, reflecting the asset’s structural underperformance.<\/p>\n\n\n\n

Ethereum’s RSI<\/strong> on the daily chart is flirting with oversold territory, which can trigger short-term technical bounces<\/strong>. That said, the MACD<\/strong> remains pointed downward with no sign of an imminent reversal. The key resistance<\/strong> to watch sits around $1,700<\/strong>: a reclaim of that level would be the first signal of a potential relief rally<\/strong>.<\/p>\n\n\n\n

Cardano (ADA)<\/a> is trading near its monthly lows in an environment of low volume and negative momentum. The asset is struggling to attract structural buyers, and the ongoing correction<\/strong> reflects a fading interest from investors in alternative layer-1 projects<\/strong>. Until ADA reclaims its short-term resistance levels<\/strong>, the bias remains clearly to the downside.<\/p>\n\n\n\n

Market Verdict: Technical Bounce or Continued Correction?<\/h2>\n\n\n\n

The confluence of macro<\/strong> headwinds \u2014 strong jobs data, uncertainty over Fed rates \u2014 and deteriorating technical signals leaves BTC, ETH, and ADA in a fragile setup. The current support<\/strong> levels ($60,000 for BTC, $1,500 for ETH) are the key levels to watch: a break below them would validate a significant bearish extension<\/a><\/strong>, pushing any hopes of a near-term bull run<\/strong> further out of reach.<\/p>\n\n\n\n

A bounce remains possible if buyers defend these levels with conviction, particularly if macro data shifts in a favorable direction. But without a strong catalyst \u2014 an ETF<\/strong> announcement, a Fed pivot<\/strong>, or cooling inflation figures \u2014 the market remains vulnerable to fresh lows. Caution is warranted before considering any move back toward previous ATHs<\/a><\/strong>.<\/p>\n\n\n\n

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