AnalysisNATGAS

Morning market review - Sunday, June 14, 2026

Technical analysis of 2 instruments with options data

Kacper MrukJune 14, 2026Updated: June 14, 20261 min read

Morning Market Overview

The morning market overview indicates a continuing atmosphere of unease, with the Fear & Greed index at a level of 34, reflecting the prevailing fear among investors. The current Fed interest rate is 3.50-3.75, and the next FOMC meeting is scheduled for June 17, 2026. In today's analysis, we will focus on two key instruments that may influence further market sentiments and discuss their potential directions in the context of the current macroeconomic situation.

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Further Reading

Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart, Bitcoin is still in a downtrend, but the recent candles indicate an attempt to bounce back. The price is approaching a key resistance level at 65,000 USD, which may be a barrier for further increases. The RSI is close to the 50 level, suggesting uncertainty in the market. A breakout above 65,000 USD could open the way for further increases towards 70,000 USD, while support is around 60,000 USD.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

On the 4-hour chart, Bitcoin shows an attempt to reverse the trend, with a formation of higher lows and highs. The price oscillates around the moving average, indicating consolidation. Key support is at 62,500 USD, and the nearest resistance is at 65,000 USD. A breakout of either of these levels could indicate the further direction of movement.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

On the hourly chart, Bitcoin shows signs of short-term consolidation between 63,000 USD and 64,500 USD. Trading volume is moderate, which may suggest investor indecision. A breakout above 64,500 USD could result in further gains, while a drop below 63,000 USD may lead to a test of the 62,500 USD level.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

On the 15-minute chart, Bitcoin is in a narrow range, with a slight pressure on the level of 64,200 USD. The volume is low, suggesting a lack of a strong trend. Monitoring the levels of 64,000 USD as support and 64,500 USD as resistance may help in identifying short-term price movements.

Bitcoin - Options data

Options data indicates a very bullish sentiment with a put/call ratio of 0.43. The highest interest in open interest is at call levels, particularly at strikes of 37 USD and 38 USD. The key max pain level is 37 USD, which may indicate a potential level to which the price could aim. High call volume suggests that market participants expect increases.

Bitcoin - Summary

Analysis indicates a moderately bullish sentiment on BTC, with key resistance at 65,000 USD. Expected support is at 62,500 USD. Options data and a low put/call ratio confirm the dominance of bulls. Key levels to watch are 65,000 USD as resistance and 62,500 USD as support, with a bias towards increases.

Ethereum - Daily chart (D1)

Ethereum - Daily chart (D1)

On the daily chart, Ethereum continues to move in a downward trend, although in recent days there has been an attempt to stabilize around 1670 USD. Noticeable are the lower highs and lows, which confirms the supply pressure. Current support is around 1600 USD, and resistance is at 1800 USD. The volume does not indicate a significant increase in interest, which suggests caution among investors.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart, Ethereum is moving sideways between 1650 and 1700 USD, indicating consolidation after previous declines. Technical indicators are neutral, suggesting a lack of clear advantage for buyers or sellers. A breakout of one of these levels could signal further movement.

Ethereum - 1H Chart

Ethereum - 1H Chart

On the hourly chart, there is a slight downward pressure, but support around 1670 USD has so far effectively halted further declines. The current range of consolidation is 1660-1680 USD. A break below 1660 USD may lead to a test of lower support levels.

Ethereum - 15-minute chart

Ethereum - 15-minute chart

The 15-minute chart shows low volatility and movement within a narrow price range between 1670 and 1680 USD. Currently, there are no clear buy or sell signals. Investors may wait for a larger move to take positions.

Ethereum - Options data

Options data indicates a moderately bullish sentiment with a put/call ratio of 0.57. The largest open interest is at the 18 USD strike level for call options, suggesting that the market may expect increases. At the same time, the max pain at 18 USD may influence the price's tendency towards this value in the short term.

Ethereum - Summary

Ethereum is in a consolidation phase after previous declines, with key support levels at 1600 USD and resistance at 1800 USD. The options sentiment is moderately bullish, but the data indicates caution among investors. In the short term, it will be important whether the price breaks through the current consolidation levels. The bias remains neutral with a slight indication of a potential rebound.

Frequently Asked Questions

How to analyze trading instruments effectively?
Effective analysis combines technical analysis (charts, patterns, indicators) with fundamental analysis (economic data, news events). Understanding both short-term price action and long-term trends is essential.
How do Fed decisions impact markets?
Fed rate decisions affect all asset classes. Higher rates strengthen USD, pressure gold prices, and often weigh on stocks. The tone of Fed communication is often more important than the decision itself.

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