Several market analysts expect Bitcoin and Ether to remain under pressure in the coming weeks, even as a series of upcoming events — including the World Cup, SpaceX’s planned initial public offering and a major Pump token unlock — create pockets of short-term trading opportunity.
Some crypto traders have already started scaling in with small, regular purchases, aiming to capture potential rebounds ahead of what many see as a deeper market pullback around mid‑July.
Bitcoin outlook: brief bounce, then renewed decline
Analyst Wenser projected that Bitcoin could see a short-lived recovery before turning lower again around mid‑July. The call is tied to what he describes as a softer backdrop for large-scale capital flows compared with last year.
Digital asset investment products recorded only about 2 million dollars in outflows in the final week of May 2026. While modest, that figure contrasts with the strong inflows seen during the same period in 2025, suggesting a cooling of institutional appetite that could signal further downside for major cryptocurrencies.
SpaceX IPO pricing ripples through SPCX contracts
SpaceX’s planned IPO at 135 dollars per share would imply a valuation of roughly 1.75 trillion dollars, putting it among the world’s most highly valued public companies at listing.
However, derivatives that track SpaceX’s pre‑IPO value have already been hit by changing assumptions on the company’s share count. Analyst Golem estimates the total could reach about 12.96 billion shares, broadly in line with filings pointing to 12.5 to 13 billion shares.
Many pre‑IPO SPCX contracts had been priced on a lower base of about 11.87 billion shares. As markets adjusted to the higher implied share total — and thus lower value per share — SPCX contract prices fell roughly 3 percent.
Trading platforms have yet to fully reconcile the gap between earlier projections and the updated equity figures, leaving pre‑IPO perpetual contract holders exposed to further adjustments. These products are still new in U.S. markets and continue to raise questions around methodology, operations and transparency.
World Cup shifts focus to prediction markets
Analyst Asher has outlined a strategy to begin regular Bitcoin purchases once the price falls below 50,000 dollars and to start buying Ether under 1,100 dollars, targeting predefined levels rather than chasing short-term rallies.
An earlier upside target near 72,000 dollars for Bitcoin has been set aside after failing to materialize. Attention has instead moved to blockchain-based prediction markets tied to the World Cup, which starts on 11 June 2026.
These platforms allow users to trade on the outcomes of matches and tournament-related events. Volumes are expected to climb as the competition progresses, potentially creating niche trading setups around game results, team performance and tournament milestones.
Pump token unlock draws watchful buyers
Pump tokens face a sizable unlocking event on 14 July, when 8.25 percent of the total supply is scheduled to be released into circulation. Unlocks of this scale can pressure prices in the short term as early holders gain the ability to sell.
Despite subdued sentiment across the broader crypto market, the associated platform Pump.fun is still generating more than 900,000 dollars in daily revenue. That steady cash flow has led some traders to watch the July unlock window closely as a possible entry point if prices overshoot to the downside.
AI hardware: strong earnings despite supply strain
Beyond crypto and pre‑IPO markets, analyst Nan Zhi highlighted ongoing strain in the AI hardware supply chain. Component shortages across multiple stages of production are limiting how quickly capacity can be expanded.
Those constraints have supported earnings, as persistent demand allows leading hardware names to maintain pricing power even while innovation margins narrow. Nan Zhi plans to track tokens linked to major AI projects, expecting that softer momentum in the broader technology sector could push these assets down to more attractive levels in the months ahead.
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