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June 19, 2026, early morning BTC and ETH market analysis
Brothers, good evening. Recently, I've been calling for BTC rebound shorts. After the short run, I wanted to take a stronger rebound around 63,500, but I didn't expect it to even break 64,800. It's too weak. At most, it only bounced 1,000 points. I've already broken even and taken a loss. Currently, BTC's bullish trend line has been broken, so we need to change our thinking. For aggressive retracements, you can short around 63,600-64,000. If it breaks today's high of around 64,800, just run. Watch the price action above 65,800. If it can't break through, the downtrend line still allows for shorting. Then, 67,500-68,000 remains an excellent shorting position. Be bold to enter.
Below, if you're sleeping at night, you can place some long orders more cautiously—anywhere between 59,388 and 60,388 to go long, with a stop at the new low.
As for Ethereum, this weakling didn't bounce at 1,700 and just broke through. The stop-loss has been hit. Like Bitcoin, its bullish trend line has also been broken. For the aggressive, retrace to 1,715-1,720 to short, with a stop just above today's high of 1,761. If you want to be more cautious, wait for around 1,760 to observe the price action. If it can't break through, go short again. The upper short position marked by the red line is a good entry. The short-term long position is around 1,660. After a rebound, the next target could be 1,600 or 1,556, which could yield larger profits.