Crypto Community ---- Analysis for June 8, 2026

The newly appointed Federal Reserve Chair has expectations of rate hikes, and inflation is extremely unfriendly to rate cuts. This period's CPI expectations lean towards a bearish outlook. The weekly meeting is relatively positive, but macroeconomic data are more bearish.
That day: Bottoming and oscillating, both longs and shorts can operate... The oscillating trend moves sideways with a divergence, then continues to break down with divergence, looking bearish. Once it hits the bottom, more will follow.
Resistance levels: 1750, 1850, 64500, 68100 Support levels: 1640, 1560, 62000, 60500
Ethereum that day: Start short at 1690, divergence at 1720 and 1735 with divergence short positions, stop loss at 1750, take profit at 1630, an important intra-day support level. If broken, many will come back; if an acute breakout event occurs, it will return to 1560, 1550.

This week, it can return to manual trading at 1550, 1560 for right-side longs... Stop profit at 1590, 1680, 1730.

Bitcoin that day: Bitcoin is not expected to break support so quickly, with divergence at the 3-day and 5-day moving averages.

Divergence short at 64500, 63800, with stop loss at 64700 or manual divergence order, take profit at 62000, 61600, 61200.
Manual long in the 61200-60500 range, stop loss based on 5-minute signals, take profit at 63200, 63800, 64500.
Combining technical analysis and live streaming, manage position sizes carefully, for reference only.