BTC Inches Higher but Faces Overhead Pressure
BTC is slowly rising toward key resistance just below $109k. Confidence in a breakout remains low, and a small short position has been placed in anticipation of a rejection at this level. ETH, meanwhile, is still trapped inside its daily TBO Cloud with falling volume, suggesting limited strength. If BTC gets rejected at resistance, ETH could fall to support at $2,188.
Bearish Signals Multiply Across ETH and ALTs
Stop Loss Hunting alerts are firing again, adding more pressure to ETH, especially with ETH/BTC now showing a TBO Open Short signal—further confirmation of the bearish trend. A TBT Bearish Divergence on June 12th already hinted…
