Big Bull (Bitcoin) and gold hit key pressure! June 16 market enters the decision phase—don’t rush to chase!

2026.6.16 Market Analysis
1. Bitcoin
Right now, the 30-minute rebound strength is in focus. Only if it stabilizes above the white line can we continue to look at the overhead pressure level for the next 12 hours; otherwise, there is still a pullback need.
On smaller timeframes, focus on MACD changes. If the yellow line crosses below, look to supports on the 1–2 hour range; as long as support is not broken, the rebound structure still remains.
We are currently in a critical decision phase. Don’t rush to buy high, and don’t blindly turn bearish either—just wait for the order book to give a direction.
When trading according to the strategy, you must strictly follow it—set your stop-loss properly, protect your capital, and take profits when you see gains.
2. London Gold
Right now, watch whether the 6-hour MACD crosses above to determine the direction.
On smaller timeframes, pay attention to how price behaves after a 1-hour pullback near 4279. As long as MACD does not break, there is still a chance for continued rebound. Overhead pressure is near the previous high.
If key support is broken, then focus on the 2–3 hour timeframe. Support to reference is around 4265–4239.
Gold is also entering a critical decision phase. Don’t guess the direction—wait for signal confirmation, then follow the move accordingly.
When trading according to the strategy, you must strictly follow it—set your stop-loss properly, protect your capital, and take profits when you see gains.