#BTC (four-hour chart). The price movement is developing according to the scenario described in the latest reviews. We saw the descent of Bitcoin into the POC area, which naturally led to increased purchases of the instrument. The four-hour candle closed with a long lower shadow, while the price rebound was accompanied by an increase in trading activity. The Balance Volume line overcame dynamic resistance in the form of an exponential moving average EMA 50. All this indicates an increase in the interest of buyers.In the near future, we expect that Bitcoin will storm the lower boundary of the consolidation zone of $29,500 — $31,000.We think that this time we will also see the consolidation of the asset over this zone, which will seriously strengthen the position of the bulls. With this development, Bitcoin will have a chance to reach the closing mark of the month of June — $30,350. The next intermediate target of the local uptrend will be the upper limit of the ascending channel indicated on the chart in the area of $30,650.#ETH. The asset went down to the trading level of $1,830, where the instrument rebounded, the nearest resistance level is located at $ 1,860, its overcoming will be the key to updating the current monthly maximum.The capitalization of the cryptocurrency market has grown by 0.2% over the past 24 hours, the dominance of Bitcoin has added 0.15%. According to the CoinGlass platform, the #BTC price reaching the trading levels of $29,700 and $30,000 will provoke large liquidations of short positions on futures. We believe that in the near future we will see a short-squeeze.
