Morning market review - Saturday, June 6, 2026

On the daily chart, Bitcoin continues its downward trend, with a clear decline from the level of 85,000 USD to the current 60,767 USD. Strong selling volumes suggest further downward pressure. Key support is around 58,000 USD, while resistance is at 66,000 USD. The Fear & Greed Index indicates fear, which may prompt investors to continue selling.

The 4-hour chart shows a clear downward trend, with local resistance at the level of 62,000 USD. The current price is hovering around 60,800 USD, with a potential further decline towards 59,500 USD. Transaction volumes indicate increasing selling pressure, which may signal the continuation of the trend.

On the hourly chart, a local bounce is visible, but the price is still in a downtrend. The area of 61,500 USD acts as current resistance, while support is at the level of 60,000 USD. Momentum is weak, and oscillators indicate the possibility of short-term consolidation.

The 15-minute chart shows consolidation in the range of 60,600-60,800 USD. Volumes are relatively low, which may indicate a possible short-term stabilization before the next move. Key levels are 60,500 USD as support and 61,000 USD as resistance.

Options data indicates a clear bearish sentiment with a put/call ratio of 1.77. Key put levels, such as $38, $35, and $36, suggest strong support in case of further declines. Max Pain at $38 suggests that the market may gravitate towards this level over time.

The sentiment in the Bitcoin market is clearly bearish, as confirmed by options data and charts. Key support levels are 58,000 USD, and resistance is at 66,000 USD. Given the current level of fear, further selling is possible. Investors should monitor the price reaction at 60,000 USD and announcements from the FOMC.

On the daily chart, Ethereum continues a strong downward trend, with a series of lower highs and lows. The current support level is around 1500 USD, which is crucial for the further market dynamics. The trading volume has increased, suggesting that selling pressure is still present. If the 1500 USD level is broken, the next support is around 1400 USD. Resistance, on the other hand, is visible at the 1700 USD level, and breaking it could initiate a trend reversal.

On the 4-hour chart, Ethereum is showing short-term consolidation after recent declines. The price oscillates around 1560 USD, which may suggest a temporary easing of selling pressure. Indicators suggest that the market may be oversold, providing an opportunity for a short-term rebound towards resistance at 1620 USD. Key support remains at 1500 USD.

The hourly chart shows attempts at stabilization after intense declines. The price has bounced off the level of 1500 USD and is trying to stay above 1560 USD. We see a slight increase in volume at the current level, which may indicate interest from buyers. The short-term resistance is at 1580 USD, while support remains at 1500 USD, which will be crucial for the further direction.

On the 15-minute chart, it can be seen that the price of Ethereum is attempting to break out of consolidation. It is currently testing resistance at the level of 1565 USD. Technical indicators suggest the possibility of a short-term increase if the resistance is broken. Key support is at 1550 USD, and its maintenance could signal further upward movement.

Options data indicates a neutral sentiment with a slight advantage for put options, suggesting caution among investors. The highest interest in puts is at $13, which suggests expectations for further declines. The Max Pain level at $13 may attract the price towards it, reducing volatility before the options expiration. The put/call ratio of 1.01 indicates a balance, although with a slight tilt towards put options, which may confirm cautious market sentiment.

Ethereum is in a downtrend, with key support at 1500 USD. Resistance at 1700 USD remains to be overcome for a trend change. Options data indicates a neutral but cautious sentiment. Technical indicators on shorter timeframes suggest the possibility of a short-term rebound, but the overall bias remains bearish. Important levels are 1500 USD (support) and 1700 USD (resistance).