Morning market review - Saturday, July 18, 2026

On the daily chart of BTCUSD, an upward correction is visible after a previous decline. Currently, the price is oscillating around 63924 USD, suggesting stabilization. Strong support is at the level of 62000 USD, while resistance is in the area of 66000 USD. A breakthrough above this barrier may open the way for further increases, although the RSI still shows room for further rebound.

On the 4-hour chart, the price of Bitcoin oscillates in a narrow range between 63600 and 64500 USD. There has been a consolidation after the rebound from the level of 63000 USD. Current candlestick formations suggest possible further increases, as long as the price does not fall below 63000 USD. Key resistance is at 64500 USD.

On the 1-hour chart of BTCUSD, consolidation is visible with a potential breakout upwards. The price is holding above 63900 USD, which may indicate buying pressure. If the price breaks above 64200 USD, further movement upwards towards 64500 USD is possible. Support is located at 63600 USD.

On the 15-minute chart, volatility is visible in the range of 63850-64000 USD. Short-term support holds at 63850 USD. A breakout above 64000 USD may attract additional demand. The MACD on this timeframe indicates the possibility of an increase.

Options data shows a strong bullish sentiment with a PUT/CALL ratio of 0.20. High open positions at the $38 strike indicate bullish expectations, while the max pain at $36 suggests market equilibrium. High OI for calls at $38 and support at $33 indicate key levels of support and resistance.

The sentiment for BTCUSD is moderately bullish, supported by options data. Key levels are support at 62000 USD and resistance at 66000 USD. A breakout above 64500 USD could open the way to higher levels, while support at 63000 USD should hold the price in case of a correction.

On the daily chart of Ethereum (ETHUSD), it can be seen that the price has bounced off a key support level around 1600 USD, suggesting a bullish sentiment. Currently, the price is around 1843 USD, which means it is approaching a potential resistance at 2000 USD. The daily candle shows moderate buying pressure, and the trading volume is stable. Technical indicators such as RSI are nearing overbought levels, which may signal a potential correction in the short term. An important support level remains at 1600 USD, while the key resistance is at 2000 USD.

On the 4-hour chart, Ethereum is showing consolidation after the recent increase, which may indicate a short-term correction or a continuation of the upward trend. The price is oscillating around 1843 USD, and the nearest support is at 1800 USD. Indicators such as MACD show decreasing momentum of the gains. The key resistance level in this timeframe is 1900 USD. The current candlestick arrangement suggests the possibility of further consolidation or a slight correction before a potential upward move.

On the hourly chart of Ethereum, there are signs of consolidation with slight selling pressure. The price is near the level of 1843 USD, and the nearest support is at 1820 USD. The RSI indicator shows a neutral sentiment, while the MACD suggests potential weakening of the upward momentum. The current market structure may signal the possibility of a short-term decline or consolidation before the market decides on a direction. Key levels to watch are 1820 USD as support and 1860 USD as resistance.

The 15-minute chart shows low volatility with slight sideways movement. The current price oscillates around 1843 USD, and the nearest support is at 1830 USD. Moderate volume activity is observed, which may indicate a lack of decision among investors. Technical indicators, such as the stochastic RSI, are in the neutral zone, suggesting the possibility of further consolidation. Key levels to watch are 1830 USD as support and 1850 USD as resistance.

Options data shows a moderately bullish sentiment with a PUT/CALL ratio of 0.63. Key CALL levels indicate upward potential with a main target at 15 USD, which corresponds to a 7.1% increase from the current ETF price. Open Interest is concentrated on the 14 USD and 15 USD strikes, suggesting that investors expect further increases. On the PUT side, the largest OI is at the 10 USD strike, indicating strong support well below the current price. Max Pain at 15 USD indicates potential upward pressure.

Ethereum shows a moderately bullish sentiment with key support at 1600 USD and resistance at 2000 USD. In the short term, consolidation or correction is possible; however, the overall trend is upward. Options data supports this sentiment with Max Pain at 15 USD. Key levels to watch are 1820 USD as support and 1860 USD as resistance. The market sentiment in the form of the Fear & Greed Index is 37, indicating moderate fear, potentially supporting further growth with an improvement in sentiment.