Flash Point | Saturday, June 27, 2026 (11:00)
A slight rise for Bitcoin this morning, which is back above the psychological threshold of 60 000 $ to trade around 60 430.
📰 Macro News
Capitulation on XRP: According to Glassnode, the 90-day simple moving average (90D SMA) of XRP has hit its lowest level since August 2022. Selling pressure is intensifying, with many investors choosing to sell at a loss in the face of the market’s psychological burden, which usually signals a purge or the start of stabilization.
The Clarity Act: Republican lawmakers are stepping up their efforts to pass the Clarity Act before the parliamentary recess in August. This bill remains crucial for setting the regulatory framework for digital assets in the United States.
Tokenization and accessibility: Ondo Finance now offers a creation (mint) and redemption (redeem) service available 24/7 for its tokenized shares and ETFs on Ethereum and BNB Chain.
📉 Technical Analysis: BTC and ETH
Bitcoin (BTC): The price is currently trying to validate a pullback after losing the major support of 60 077 $ two days ago. Bitcoin is trading below its moving-average band, maintaining a bearish broader trend as long as this zone has not been reclaimed. Support at 58 935 $ remains solid, and yesterday’s close in the form of a doji reflects strong hesitation. With the RSI in oversold territory, the chances of a technical rebound increase. If 60 077 is regained, the next targets are 62 231, 63 400 $ , then 64 464.
Ethereum (ETH): Ethereum is showing signs of stabilization at $1,556. A “hammer”-shaped structure formed yesterday just above the key support level of 1 566 $ (last swing low). To confirm this reversal, ETH will need to break through the intermediate resistance of $1,621, paving the way toward $1,646, $1,683 $ , and potentially $1,791. Preserving support at 1 566 $ remains essential to avoid a further correction.
A slight rise for Bitcoin this morning, which is back above the psychological threshold of 60 000 $ to trade around 60 430.
📰 Macro News
Capitulation on XRP: According to Glassnode, the 90-day simple moving average (90D SMA) of XRP has hit its lowest level since August 2022. Selling pressure is intensifying, with many investors choosing to sell at a loss in the face of the market’s psychological burden, which usually signals a purge or the start of stabilization.
The Clarity Act: Republican lawmakers are stepping up their efforts to pass the Clarity Act before the parliamentary recess in August. This bill remains crucial for setting the regulatory framework for digital assets in the United States.
Tokenization and accessibility: Ondo Finance now offers a creation (mint) and redemption (redeem) service available 24/7 for its tokenized shares and ETFs on Ethereum and BNB Chain.
📉 Technical Analysis: BTC and ETH
Bitcoin (BTC): The price is currently trying to validate a pullback after losing the major support of 60 077 $ two days ago. Bitcoin is trading below its moving-average band, maintaining a bearish broader trend as long as this zone has not been reclaimed. Support at 58 935 $ remains solid, and yesterday’s close in the form of a doji reflects strong hesitation. With the RSI in oversold territory, the chances of a technical rebound increase. If 60 077 is regained, the next targets are 62 231, 63 400 $ , then 64 464.
Ethereum (ETH): Ethereum is showing signs of stabilization at $1,556. A “hammer”-shaped structure formed yesterday just above the key support level of 1 566 $ (last swing low). To confirm this reversal, ETH will need to break through the intermediate resistance of $1,621, paving the way toward $1,646, $1,683 $ , and potentially $1,791. Preserving support at 1 566 $ remains essential to avoid a further correction.