On June 16, 2026, BTC bounced back to a key level, while BNB shows weak momentum. Keep an eye on shorting opportunities for BNB.
I've been a bit lazy these past few days and haven't checked the charts much. BTC and ETH have had a strong rebound, but they haven't yet broken through the bearish resistance on the technical front. The bulls aren't out yet, so it's not a good time to short just yet. Let's wait a bit; the 15-minute charts for BTC and ETH have also completed their rebounds.
However, BNB has been lagging recently, with a weak rebound and a long upper shadow. Not sure why, but based on the chart signals, the shorting opportunities for BNB seem clearer compared to BTC and ETH. Let's see if there's a second chance to short at resistance. If not, if it breaks down, I'll short directly on the rebound, targeting 590.
I've been a bit lazy these past few days and haven't checked the charts much. BTC and ETH have had a strong rebound, but they haven't yet broken through the bearish resistance on the technical front. The bulls aren't out yet, so it's not a good time to short just yet. Let's wait a bit; the 15-minute charts for BTC and ETH have also completed their rebounds.
However, BNB has been lagging recently, with a weak rebound and a long upper shadow. Not sure why, but based on the chart signals, the shorting opportunities for BNB seem clearer compared to BTC and ETH. Let's see if there's a second chance to short at resistance. If not, if it breaks down, I'll short directly on the rebound, targeting 590.