June 17, 2026 Market Analysis

1. Bitcoin
Currently, the market is in a correction phase, focus on how to choose the 2-hour level.
If the MACD yellow line does not break, first watch the 2-hour resistance level; after a breakout and stabilization, then focus on the 12-hour resistance level; further breakout then consider the daily level.
If the MACD yellow line falls below, then pay attention to the support levels at 3-hour, 4-hour, and 6-hour.
We are currently in a critical decision-making stage; patience in waiting for the market to give a direction is more important than blind prediction.
2. London Gold
Gold is still focusing on the rebound strength at the 1-hour level.
Upper resistance levels are around 4370 and 4410; if a significant rally occurs, there is a chance for further upward movement.
If the rebound strength is insufficient, continue to watch the support levels at 2-hour and 3-hour; lower support references are around 4300 and 4280.
Gold is also entering a correction phase; in trading, it’s advisable to reduce activity frequency, observe more, act less, as sometimes resting is part of trading.