Monthly Archives: June 2026

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Chart the Market (02/06/2026)

Written on June 3, 2026 at 7:24 am, by

ETH, H4:                                                                Ethereum remains under significant bearish pressure after extending its recent decline and breaking below several key support levels. The cryptocurrency has been trending lower since failing to sustain gains above the $2,165 resistance area, with sellers maintaining firm control of price action. The latest selloff pushed ETH beneath the important $1,905 support levelContinue Reading

Bitcoin Craters Below $67K as $700M in Leverage Unwinds 

Written on June 3, 2026 at 7:15 am, by

Key Takeaways: *Bitcoin fell 5–6% to around $66,600–$67,000, while Ethereum dropped below $1,900, triggering broad weakness across the cryptocurrency market and over $700 million in liquidations. *Heavy leverage in derivatives markets, continued spot ETF outflows, and deteriorating risk sentiment linked to geopolitical tensions accelerated the decline after key technical support levels were breached. *Bitcoin facesContinue Reading

Crude Price Pushing High as Peace Talk Falters  

Written on June 3, 2026 at 7:07 am, by

Key Takeaways: *WTI and Brent crude rallied sharply as renewed U.S.-Iran tensions and stalled peace talks heightened concerns over supply disruptions and regional instability. *Threats to shipping activity through the Strait of Hormuz, a key route for roughly 20% of global seaborne oil trade, have increased the geopolitical risk premium and supported higher crude prices.Continue Reading

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