📊 The Flash Point | Friday, June 26, 2026 (08:00) The cryptocurrency market is showing a bearish trend this morning. Bitcoin has broken through the critical threshold of 60 077 $ and is now trading around $59,753.
📰 Macro & Crypto News: Fed and Market Cap: Donald Trump is maintaining pressure for a rate cut, while the head of the Fed, Kevin Warsh, faces persistent inflation. Economist Peter Schiff says that overly tight monetary tightening could weaken the economy before inflation returns to 2%. The crypto market capitalization has fallen by $2,300 billion over 8 months. Options: Today, $11.85 billion worth of options expire. Max Pain prices are at 72 000 $ for BTC and 2 000 $ for ETH—significantly above current prices. In addition, Kazakhstan launches a Solana ETF, Hyperliquid adjusts its margins, and Grayscale says that Pump and Cake are among the protocols generating the most revenue.
MiCA Regulation: Unable to obtain its approval, Binance will restrict its services in Europe starting July 1. Fully compliant Bybit Europe is positioned as an alternative for transferring funds.
📉 Technical Analysis—Bitcoin (BTC): Yesterday’s close below 60 077 $ eliminates the double-bottom scenario in favor of a bearish structure (Bear Flag). A technical return to this former support is possible, but the trend remains fragile without a daily close above. The price could drop toward the liquidity zones at 58 100 $ and 55,600. However, the RSI is in oversold territory between 30 and 31—a historically favorable level for a rebound.
Ethereum (ETH): ETH shows relative stability at $1,556, with yesterday’s close preserving its low point at $1,564. Tonight’s close will determine whether its reversal structure remains valid. Since the Bollinger Bands are very tightly compressed, a breakout from the range could trigger a move of at least 10%.
📰 Macro & Crypto News: Fed and Market Cap: Donald Trump is maintaining pressure for a rate cut, while the head of the Fed, Kevin Warsh, faces persistent inflation. Economist Peter Schiff says that overly tight monetary tightening could weaken the economy before inflation returns to 2%. The crypto market capitalization has fallen by $2,300 billion over 8 months. Options: Today, $11.85 billion worth of options expire. Max Pain prices are at 72 000 $ for BTC and 2 000 $ for ETH—significantly above current prices. In addition, Kazakhstan launches a Solana ETF, Hyperliquid adjusts its margins, and Grayscale says that Pump and Cake are among the protocols generating the most revenue.
MiCA Regulation: Unable to obtain its approval, Binance will restrict its services in Europe starting July 1. Fully compliant Bybit Europe is positioned as an alternative for transferring funds.
📉 Technical Analysis—Bitcoin (BTC): Yesterday’s close below 60 077 $ eliminates the double-bottom scenario in favor of a bearish structure (Bear Flag). A technical return to this former support is possible, but the trend remains fragile without a daily close above. The price could drop toward the liquidity zones at 58 100 $ and 55,600. However, the RSI is in oversold territory between 30 and 31—a historically favorable level for a rebound.
Ethereum (ETH): ETH shows relative stability at $1,556, with yesterday’s close preserving its low point at $1,564. Tonight’s close will determine whether its reversal structure remains valid. Since the Bollinger Bands are very tightly compressed, a breakout from the range could trigger a move of at least 10%.