Jin Zhechuan: BTC rebound enters a critical range! Around 68000 may see a change in trend.

CN
金哲川
Follow
4 hours ago

Hello everyone, I am Lao Jin. It is now 9:40 AM on June 15, 2026. Let's take a look at today's market: how are Bitcoin, Ethereum, and our gold coin performing?


Since last Friday, around June 12, I mentioned to everyone that a market reversal is imminent, and not to go short anymore. This reflects Lao Jin's responsiveness, as long-term short positions have already yielded results for everyone, including myself, who shorted from 82,800 all the way down to 59,000. Friends following my real trades have also done very well and have achieved good results.


But now, from a daily perspective, last time when it bottomed at 60,000, it touched once. Then, after a series of upward movements, it returned to 82. After probing the bottom again, it started a rebound. Looking at the daily alligator line, we can see that the alligator's mouth is beginning to rise, indicating a start of a counter-attack upward, which is a good performance.


After closing this indicator, let's look at other time frames. From the four-hour view, resistance above can first be seen as the last four-hour downward channel. The channel line is at this position, with resistance around 67,500. So, we can plan to short around 67,500 and 68,000, and then observe the breakout situation at this position, which should roughly happen today.


In the afternoon, around the opening of the US stock market, we can take a look. Friends who want to go short can do so here.
Additionally, if you shorted at 65,800, you are already up 400 points, which is pretty good; you can manage it but shouldn't extend it too long. The medium to long-term trend still continues upward. It is likely that the four-hour will consolidate at this place until reaching around 68,800 to 69,000. This is our viewpoint.


If you haven't entered a long position, or if you have taken profit, or if you have already exited a part of your position, and our friends have no positions, I recommend you continue to set up long positions between 65,000 and 64,500, looking for an upward trend.


As for Ethereum, it has risen from 1,732 to this point. We started from 1,667, then reached 1,732. Based on Bitcoin's rise, Ethereum has already broken through the four-hour consolidation pattern. Since the consolidation has been broken,

where should we look next?

Looking at 1,776, 1,830, then 1,800, 1,777 at these positions.


Based on this view, we can also look to set up long positions at 1,700 and 1,690, still bullish.


As for gold, let's take a look at its relatively strong rise.


Gold has risen to around 4300 in the past three days, touching the midline of the downward channel. Currently, it is at the midline position, having broken through the lower line due to it consolidating for several days, and the price has continued to rise. Therefore, gold can be shorted in the current price range of 4295 to 4300, targeting 4230.

The bearish trend remains unchanged—this underlying logic is quite complex, as the strength of the dollar is a fundamental policy of the United States, which will not allow gold to rise indiscriminately, eroding dollar interests and undermining its strong position. If gold continues to rise, the strong position of the dollar may weaken, leading to a diversion of funds to gold. Therefore, for the current United States, the key actions are to handle the Iran issue and suppress gold to maintain the dollar. Based on this logic, we are adopting a strategy of shorting on rebounds.


That concludes this week's overview. Finally, since it is Monday, let’s take a look at the weekly chart to set the tone for this week's market. First, looking at Bitcoin. The weekly performance of Bitcoin is okay; it had previously fallen for three consecutive weeks and began to rebound last week. Currently, the MA5 is at 69,000, which aligns with our judgment. After the price touches this position, it is highly likely to face resistance above 70,000, followed by potential pressure to decline again.


I believe the current downtrend cycle has not yet ended; the overall outlook still leans bearish. From the weekly perspective, the overall downward target can be seen at around 48,000. Of course, it is normal to see a rebound during the downward process; otherwise, the decline would be too severe.


So, when might the next round of decline occur? It could happen around June 17 to 18, affected by news events, such as signals from the Federal Reserve or a confirmation of interest rate hikes. The previous large drop starting from 822 stemmed from market expectations of an interest rate hike. The next Federal Reserve meeting is likely to set the tone, indicating that interest rate cuts are impossible in 2026. At that time, the market will face a test and may continue to move downward. Accordingly, our logic is to first watch for a rebound, then look for a decline.


As for Ethereum, its MA5 is at 1850, performing quite well and meeting expectations.
Gold prices are above expectations, reaching 4400, but we still maintain a bearish outlook.


Well, that summarizes the overall market analysis for this Monday. I hope everyone continues to follow, like, and save. Let’s keep moving forward together to achieve our ideal goals.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink