Aaron Dishner|Jun 27, 2026 02:35
BTC closed up 0.51% on Friday but price action remains exceptionally weak. The low held at 58,337 and we did not get the close below the June 5th level I was watching for. Bulls are putting up a real fight with buying pressure keeping price elevated, similar to what we saw during the dump from 74K to 59K, but RSI only moved from 24.95 to 28.20 and on balance volume is still bearish.
Stablecoin dominance stayed above 12.5% after a red close Friday and I am still watching for that push up to 13% on the weekly, with RSI now at 74.75. Bitcoin dominance continued falling after tagging the TBO fast line Monday, giving way to Solana, which stopped out my short position in the green. On the macro side, the DXY dipped 0.56% but remains massively overbought, the euro confirmed a bullish RSI reset, and the yen is sitting just 0.003 away from its July high with a second consecutive TBO breakout on the weekly.
For individual picks, Injective pumped nearly 14% with a strong RSI reset from 20.32 to 49.45. AVE, JUP, and LAB are showing TBO breakouts though some look late after big moves. On the stock side, Adobe has a bullish RSI reset but weekly price keeps getting rejected at the fast line over and over. Bloom Energy saw massive volume Friday at 14 billion versus a 3.4 billion average after what looks like a bad earnings report, and long-term gap targets sit at 139 and 177.
CHAPTER MARKERS
00:00 Welcome and BTC Friday Close Overview
02:15 BTC RSI and On Balance Volume Analysis
05:30 Ethereum and Stablecoin Dominance Update
08:45 Bitcoin Dominance and Solana Short Update
12:00 Total Market Cap, DXY, Euro, and Yen
17:20 S&P Futures, SPX, Nasdaq, and VIX
22:10 NVDIA, Tesla, SpaceX, and Nikkei
27:40 Oil, Gold, Silver, Copper, and PAXG
33:15 Altcoin Picks: AVE, JUP, LAB, ADA, INJ, HBAR, XRP
42:00 Stock Picks: AMC, ServiceNow, Uber, Adobe, Bloom Energy, Riot, HIMS(Aaron Dishner)
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