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ETHBTC
Short Entry 0.0270 2026-06-17 19:29 UTC
Target 0.0129 Fail 0.0379
Risk/Reward 1 : 1
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ETHBTC
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis presents a bearish outlook for both ETHUSD and ETHBTC. For ETHUSD, the price is expected to continue its downtrend, with a target of $663.94. The current resistance level to watch is $2226.83. For ETHBTC, the price is predicted to fall to 0.01285, with resistance at 0.03790. The overall market sentiment across both charts suggests a continuation of the bearish trend, with specific Fibonacci levels and trendlines guiding the directional bias. The analysis indicates that ETHUSD is in a continuing bear market, similar to a previous period in 2022. The ETHBTC chart shows a recent rejection from a resistance zone and a three-wave corrective move, suggesting a potential continuation of the downtrend. A break below key support levels would confirm the bearish continuation for both pairs.
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