June 15th Bitcoin and Ethereum Market Analysis


Bitcoin has currently reached a strong resistance zone on the weekly chart, and the 4-hour chart shows clear signs of bullish-bearish divergence, indicating that short-term upward momentum is beginning to weaken. The expected peak of this rebound may be just above $66,200, followed by a secondary retracement within the internal structure to digest the previous gains. Due to the lack of external incremental capital support, $66,200 is an area with dense trapped positions, and the rebound's sustainability is limited.
Ethereum currently lacks independent market drivers and is significantly weaker than Bitcoin overall. From a technical perspective, the strong resistance zone above is around $1,750-$1,770, likely forming a short-term top range.
Key focus: This week’s interest rate decisions by the two major central banks (Federal Reserve and Bank of Japan).
Trading Suggestions:
Rebound to the $66,200-$66,700 range, consider short positions.
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BTC1.53%
ETH2.38%
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LeafNo.2
· 1h ago
Hop on now!🚗
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LeafNo.2
· 1h ago
Just charge forward 👊
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LeafNo.2
· 1h ago
Just charge forward 👊
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