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June 16, 2026 Evening Market Analysis
Brothers, good evening. Currently, BTC has touched the strong resistance level and pulled back. The overall trend is still mainly rebound and shorting. The highs and lows are continuously decreasing. Around 67,000 or close to it, you can still short. Be bold in entering, as the risk-reward ratio is very high. If it breaks above 68,500, set a stop loss; short positions at 69,300 can be taken profitably, and short positions at 71,500-71,700 are also viable.
Below, pay attention to the 63,666 level for a long position; if it breaks below, it may continue to go down. ETH is currently also in a top-side sideways consolidation. The closer it gets to the previous high, the more it can be shorted. As long as Bitcoin doesn’t break and trigger a stop loss, hold your position. The 1,880-1,888 range is also a good shorting position; you can enter the market there.