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$BTC June 13th Market Analysis
Yesterday, Ethereum overall followed a three-phase pattern of "rising resistance—linked rebound—pullback and sideways trading," relying on low-level support to gradually recover during the daytime.
In the evening, driven by Bitcoin's rebound, it surged simultaneously, with the highest touch at around 1694.
However, two consecutive attempts to break through the 1700 integer level were unsuccessful, ultimately facing resistance and falling back.
In the early morning, it retreated to around 1665 before entering a narrow range of oscillation.
In the short term, bulls and bears are in equilibrium, making a large trend unlikely.
The 1700 level is not just a psychological barrier of an integer but also a strong resistance caused by multiple factors of technical and capital aspects.
This resistance and pullback further confirm its suppressive role.
On the 4-hour chart, the consolidation pattern is very clear.
The Bollinger Bands are continuously narrowing and flattening.
Price has been pressured down from near the upper band and is currently just around the middle band (1660-1665).
The middle band temporarily acts as short-term support.
The distance between the upper and lower bands is shrinking, indicating that short-term volatility will further compress.
The range-bound oscillation will continue, and no trend will form until there is a volume breakout.
BTC
+0.67%
CryptoForestKai
2026-06-13 06:36
$INJ 5.542 Short position, now reporting 5.109, capturing +376.26% increase, someone previously made a profit of $2,200 per trade. Strategy adjustment: recommend taking 80% profit, remaining position to gamble on key levels later; stop loss executed as planned. Current price is no longer suitable for entry, those who missed it should wait and observe, awaiting my next clear signal.
$BTC $ETH
INJ
-6.11%
BTC
+0.66%
ETH
+0.28%
CryptoForestKai
2026-06-13 06:26
$TRADOOR Previously, I advised shorting around 0.451, and now the price has dropped to 0.369. The estimated profit is about +445.85%, congratulations to those who followed! The next suggestion: at this level, you can consider gradually taking profits. After such a big drop, there might be a rebound. Let's be cautious; securing the profits is the safest. For those who didn't follow, no worries. Be patient and wait for the next opportunity. The market is never short of opportunities, let's take it slow together.
$BTC $ETH