AnalysisNATGAS

Morning market review - Sunday, June 28, 2026

Technical analyses of 2 instruments with options data

Kacper MrukJune 28, 2026Updated: June 28, 20261 min read

Morning market review shows the prevailing mood among investors, which remains at an extreme fear level, as reflected by the Fear & Greed Index of 25. In light of the current Fed interest rate, which is 3.50-3.75, the markets are awaiting the next FOMC meeting scheduled for July 29, 2026. Today we will take a look at two analyzed instruments that may provide insights into current trends and the impact of monetary policy on the market situation.

Related Topics


Related Analysis


Further Reading

Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart, Bitcoin is in a clear downtrend. The price is currently oscillating around the level of 59,881 USD. The current dynamics indicate a continuation of selling pressure, with key support at the level of 58,000 USD. Technical indicators confirm negative sentiment, and recent rebounds have been short-lived, suggesting further risk for the price. In the event of further declines, the next important support level may be 56,000 USD.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

On the 4-hour chart, it can be seen that Bitcoin continues to move downward with several attempts to bounce back, which have failed to break the resistance level at 61,000 USD. The trading volume remains relatively low, which may indicate a lack of a decisive direction in the short term. The next support is at the level of 58,500 USD.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

The hourly chart shows consolidation in a narrow range between 59,600 and 60,200 USD. The current momentum is weak, and the volume does not indicate clear interest from investors. A breakout above 60,200 USD could suggest an attempt at a short-term increase; however, the current conditions favor further declines.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

On the 15-minute chart, Bitcoin is moving in a narrow range with minimal trading volume. There is visible selling pressure, and the level of 59,800 USD acts as short-term resistance. If the price fails to hold above 59,600 USD, further declines towards 59,400 USD are possible.

Bitcoin - Options data

Options data indicates a strong bearish sentiment with a put/call ratio of 2.13. High interest in put options suggests that investors are prepared for further declines. Key put levels are at 32 USD, which corresponds to -6% from the ATM price. Max Pain at 32 USD also confirms the dominance of put options, which may attract the price towards this level.

Bitcoin - Summary

The current market sentiment is definitely bearish, as confirmed by both technical analyses and options data. Key resistance levels are 60,200 USD, while support levels are 58,000 USD. A high put/call ratio and a low Fear & Greed Index indicate further possible declines. Investors should be cautious, especially in the context of macroeconomic events affecting the market.

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

Error generating D1 analysis for Ethereum

Ethereum - 4H Chart

Ethereum - 4H Chart

Error generating H4 analysis

Ethereum - 1H Chart

Ethereum - 1H Chart

Error generating H1 analysis

Ethereum - 15min Chart

Ethereum - 15min Chart

Error generating M15 analysis

Ethereum - Summary

Error generating summary

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.

Related Articles