The past week has been wild for the cryptocurrency market.
The Trump–Elon war of words, the real war brewing between Iran and Israel (which could snowball into something more disastrous), and the socio-political and financial turmoil have led the crypto price needle to swing wildly.
However, now that the weekend has arrived, all the massive surges achieved have been corrected, leading to a flat close for the top cryptos.
The market trends showed that short-term holders might’ve made some gains, but those in it for the long haul may need to wait a bit longer to see any major price action. This raises the question: which could be the best crypto to buy now in this instance?
Top Cryptos Reached Weekly Peaks Only to Correct in the End
The week began with the total market cap at $3.3 trillion, and on Sunday, it now stands at $3.28 trillion; only a minor adjustment.
The Crypto Fear and Greed Index is literally pointing to 50, absolute neutral, and the Altcoin Season Index is at 83.
This has been the result of the top cryptos swinging wildly due to geopolitical events, with the market, like the stream of time; course-correcting, and investors now find themselves back at square one.
Bitcoin Price Action – Barely Moving with a 0.07% Profit
Bitcoin had a big turn this week, thanks to the bulls emerging and pushing the BTC price mid-week closer to its all-time high. This happened shortly before the tussle between Trump and Elon led to a major correction.
A bounce occurred, leading to the BTC price moving past the $105K mark again. This was followed by a surprise attack on Iran’s nuclear facilities by Israel, which pulled the market back to the $103K level. The market is now rebounding again, with the price once more above $105K.
The price action has been the result of a double top forming near BTC’s all-time high, which is a bearish reversal pattern. The weakening price action, caused by millions of dollars worth of BTC being liquidated due to FUD, has pushed the BTC price back to square one.
The price is still consolidating, and zooming out shows that the previously held ascending trendline has been broken. It is likely that more consolidation awaits for the apex crypto.
Ethereum Price Action – Flat Week with Only a $0.7% Increase
For the first time in many months, Ethereum and BTC price action intertwined, creating similar patterns. The Bitcoin price action trickled into Ethereum, and with a slight nudge caused by a rise in Ethereum ETF inflows, the ETH price breached its long-held resistance of $2.8K.
However, negative market response due to the BTC pullback pushed its value back as well.
Currently consolidating above the $2.5K mark, the ETH price has formed a rising wedge pattern. Considering the slope of higher lows is steeper than that of higher highs, a bearish pattern has started to emerge, and this could result in more downside for the crypto.
That said, a reversal is also possible, as one of the tweets by Lookonchain showed a whale buying $127 million worth of ETH. Similar buys could lead to the emergence of multiple long green candles, helping Ethereum break out of the rising wedge and strengthen its bullish momentum.
While the crowd panic-sells $ETH, this whale – who's already made ~$30M profit on $ETH – is buying $ETH crazily.
Over the past 8 hours, he's bought 48,825 $ETH($127M) from Coinbase and Wintermute at an average price of $2,605.https://t.co/7eUZQPGfROhttps://t.co/SHASXyPST1 pic.twitter.com/r7VZMz12tV
— Lookonchain (@lookonchain) June 13, 2025
Solana Price Action is Bearish
Solana’s price has experienced substantial losses compared to the other top cryptos. Dropping by more than 2% since last week, the SOL price has failed to sustain its value around the $150 mark.
This price action is likely due to the broader weakening of the market, even though the Solana community has multiple reasons to be excited, one of them being the filing of the Solana ETF. Fidelity has filed an S-1 with the SEC recently, aiming to launch a SOL ETF, just like Invesco Galaxy, 21Shares, Bitwise, Canary Marinade, Franklin, and Grayscale.
Game On https://t.co/A0aonFnMZI
— Eric Balchunas (@EricBalchunas) June 14, 2025
Bloomberg ETF analyst Eric Balchunas believes that ETFs will see a record launch this year, adding weight to the claims that all of the mentioned SOL ETF applications will likely be approved.
That said, price analysis of SOL shows that Solana is no longer following a rising trendline. It has broken down from it since the end of May 2025 and has been following a descending channel. A break below it could lead to Solana retesting the $130 to $125 support zone. A bounce would require it to break out upward, which isn’t likely given the current market conditions.
Best Crypto to Buy Now
Since the price chart shows that the growth of most cryptos has stalled, investors are better off focusing on cryptocurrency presales with bigger upside potential. Here are the top picks in this regard.
BTC Bull
Since high-cap cryptos aren’t gaining much traction, the focus could be on meme coins inspired by these tokens. One of them is BTC Bull.
BTC Bull is a Bitcoin-themed meme coin portrayed by a bull to signify a community of investors that are bullish on Bitcoin.
The project has been designed to leverage Bitcoin’s growth and direct it towards the meme coin. Every time Bitcoin crosses a certain price threshold, BTC Bull will trigger a token burn and a Bitcoin airdrop. Both of these elements could help BTC Bull grow alongside Bitcoin, perhaps to an even greater degree since it is a meme coin.
As a meme coin, BTC Bull has many upsides. In fact, analysts have assessed that it has explosive potential.
Solaxy
Solana’s price drop could be attributed to its technical shortfalls, which stem from its scalability issues. That’s one reason Solaxy is generating a lot of interest. Currently in its last stage of presale, Solaxy has raised over $50 million, making it one of the best crypto ICOs of 2025.
Solaxy’s core appeal lies in its mechanics, which focus on providing the first L2 solution for the Solana blockchain. The Solaxy testnet is already live, with the blockchain explorer and bridge already explorable. Solaxy is on its way to release Igniter, a competitor to pump.fun, as well as Neptoon.
Since Solaxy is one of the first meme coin projects that actually offers complex utility underneath, it is considered a good investment.