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June 17, 2026, Bitcoin and Altcoin Market Analysis
Good evening brothers, in recent days I’ve been telling everyone to watch for a rebound and short opportunities, and so far everyone is making profits. The key point is to focus on the bullish trend line around 63,600 with a few hundred points above and below. This position is also a critical support level with resonance. You can go long on the left side, set good stop-losses. If this support holds, there’s still a possibility to test around 66,000-67,500.
The upper descending trend line is around 66,000, where you can observe price action and lightly enter short positions. Tonight, there’s also the Federal Reserve rate decision and Waller’s first speech, so it’s best to avoid trading based on news and wait for the market to develop.
For Ethereum, wait for a short opportunity above 1,800, with 1,830 and 1,880 both suitable for short entries. On the downside, 1,700-1,710 can be used to go long. Focus on key support and resistance levels on the left side, set stop-losses accordingly.
Most likely, there will be a rebound, and after profit-taking, reduce positions. The overall pattern depends on everyone’s judgment.