 |
June 04, 2026, 11:03:42 AM |
|
Surprisingly, it seems that the Head and Shoulders pattern has once again proved its effectiveness. But I've noticed it before and expected this scenario. But what's next?
It seems to me that the following scenario is possible: the market remains in a wide range with high volatility, but without an immediate V-shaped recovery. BTC: $60,000–70,000
Terms of implementation:
ETF outflows are slowing down. Coinbase Premium Remains Near Zero or Moderately Negative;funding rates are reset after liquidations; Oil does not go above $105;
The Fed does not give a soft signal to the market on June 16-17, but it does not increase the panic either
Nasdaq and the AI sector are not entering a deep correction. This is the scenario of “the market has caught its breath, but has not yet recovered.”
BTC could bounce towards $70,000–72,000, but without the return of ETF inflows, such an increase would be a technical rebound rather than the start of a new momentum.
|
