
Alex E
Alex E
CEO Aether Capital. Full-time trader. 10 years in financial markets. Sharing market insights, not financial advice.
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Market structure has shifted bearish, and recovery bounces at higher levels should be treated as selling opportunities rather than chase entries.
Here's the breakdown for today:
BTC is showing a recovery toward 64,758 - 65,000. If the move is slow and lacks momentum, short entries are preferred. Stop loss at 65,500 based on daily close. Targets: 64,000, then 63,300, and finally 62,800.
ETH remains the weakest leg in the bunch. Look for a bounce to 1,772 - 1,800 to sell. Stop loss at 1,850. Targets: 1,728 and 1,690.
SOL is following the same script. Recovery into 74 - 74.7 offers a short entry. Stop loss at 76. Targets: 70 and 68.
Important caveat: This bearish bias is only invalidated if we see a 1H candle with rising volume breaking above 64,758, accompanied by a positive shift in price spread. Until then, selling into strength is the safer play.
Stay sharp out there. The market rewards patience and discipline.
The Dragon Daily | June 18, 2026
1 US-Iran Talks Enter the Final Stage
The US and Iran are set to meet in Switzerland on June 19 to begin signing negotiations. Oil prices have dropped significantly, signaling a high chance of a deal. But Israel remains firm in its stance, so surprises are still possible. Keep an eye on risk — June 19 could bring big moves.
2 Wash's Debut Leans Hawkish
Last night, new Fed Chair Wash hosted his first FOMC meeting. Rates stayed at 3.50%-3.75%, as expected. But the message was clear: don't expect early rate cuts, and a rate hike isn't off the table. The result? A stronger USD, US stocks flipping from gains to losses, and risk assets taking a hit. The US-Iran news offered some support, but Wash's hawkish tone is applying pressure.
3 Smart Money Isn't Leaving — It's Accumulating
Market sentiment may be leaning bearish, but on-chain flows tell a different story. Arthur Hayes bought 1,500 ETH this morning. Bitcoin whales have pushed positions to their highest since March. HYPE is seeing continued capital inflows and staking. Major funds aren't abandoning the market despite the FOMC's hawkish stance. Accumulating below $55K and shorting on bounces remains the play.
4 What to Watch Next
First, the US-Iran meeting in Switzerland and the signing progress on June 19. Second, upcoming inflation data and the September FOMC meeting. If inflation cools, the market will reprice easing expectations. If inflation stays hot, rate hike fears will keep pressure on risk assets. Stay sharp.
SOL bounced cleanly from the 60 support zone, completing a small recovery wave. If we see another pullback, the bottom is still around 60 — that's where accumulation happens.
If 70 gets broken, the next support sits near 66.55. Expect a relief bounce there, then another retest. If 64 gives way, we're looking at 62-60.
Here's the key: as long as BTC holds above 59,000, SOL won't break 60 and ETH won't dip below 1,500.
All these levels are macro bottoms for the next bull cycle. Even if they get breached, you only accumulate spot in parts at low prices. Never short — these recoveries are vicious.
Two weeks ago, a friend got stuck shorting around 1,600 on ETH. Still hasn't escaped.
Patience and spot accumulation win in this game.
The biggest misunderstanding in every bull run? Thinking capital rewards loyalty. It doesn't. Capital rewards results. 👁️
Staying faithful is easy when prices are rising. Having conviction is effortless when liquidity is flowing. Everyone looks like a genius during expansion. The real test begins when capital has options.
And right now, capital has a lot of options. 💰
Thats exactly why liquidity keeps concentrating around:
🔥 $BTC
⚙️ $ETH
☀️ $SOL
🟣 $WLD
🟡 $HYPE
These assets have become the markets primary efficiency engines. Not because theyre the newest. Not because theyre the flashiest. But because they consistently attract liquidity across different market conditions.
That consistency matters. Because consistency is what institutions pay for. ⚡
Right behind them:
🛡️ $BNB
🛡️ $XRP
🛡️ $TRX
🛡️ $DOGE
The market's stability layer. These rarely dominate speculative headlines. But they keep drawing capital whenever uncertainty spikes. Thats not luck. Thats trust built over time. And trust is one of the most valuable assets in any market. 🌪️
Meanwhile, the battlefield remains intense inside:
⚔️ $UNI
⚔️ $PENDLE
⚔️ $LQTY
⚔️ $LDO
⚔️ $COMP
⚔️ $SPX
⚔️ $BIO
⚔️ $EDGE
⚔️ $TRIA
⚔️ $RAVE
⚔️ $ZAMA
This is where future leaders are trying to emerge. Every project competing for the same thing: attention, liquidity, capital allocation. Some will win. Most wont. Because capital eventually becomes selective. And selectivity creates winners. ⚠️
At the same time:
📉 $BEAT
📉 $H
📉 $KAITO
📉 $MEGA
📉 $COAI
📉 $STABLE
📉 $HMSTR
📉 $OPN
📉 $AERO
📉 $GRASS
Still facing a harsh reality. Its not a price problem. Its a liquidity problem. Markets can forgive poor performance. They rarely forgive fading relevance. When capital stops paying attention, recovery becomes much harder. 👀
And then theres the crowded capital cluster:
$ZEC
$ONDO
$ORDI
$JUP
$PYTH
$SEI
$INJ
$TIA
$AEVO
These assets attracted massive expectations. Now they need to deliver.
Ethereum is flashing a signal that historically has led to explosive moves. Let's break it down.
ETH is deeply oversold on the RSI right now. We saw this exact setup in June 2022 and again in April 2025. Both times, it was followed by powerful rallies. If history repeats, we might be standing at the very start of another breakout phase.
If you have been following Ethereum through the recent cycles, you already know the playbook. It is frustrating. Price goes sideways for months, dips just enough to shake out the weak hands, and then goes sideways even longer. But once that accumulation phase is complete, the move comes fast. Almost without warning.
Price rips straight up so quickly that there is no good entry left. By the time you realize the move is happening, it is already over.
This is not financial advice. Just a pattern worth paying attention to.
FOMC day is here and the market is holding its breath. Both crypto and equities are seeing lower volume as everyone waits for the decision, but the structure is still intact. No breakdown yet. Let's break it down.
Bitcoin sitting at 65,813, basically flat in the last 24 hours. It's digesting sideways inside the 64,560 to 66,245 range, still holding above the key hard top at 64,758. No real buying momentum above 67k just yet. Resistance levels to watch: 66,245 and 67,255. Support sits at 64,758 and 64,560. If that lower support breaks, the structure weakens significantly.
Ethereum is the laggard here, losing the 1,800 level again. Currently at 1,774. Resistance at 1,810, with support at 1,740 and 1,700. It's looking weaker than BTC right now, so keep an eye on that.
Solana is hanging in there, trading around 73.91 with a tight range between 72 and 74. Relative to the others, it's holding up well.
The market is in wait-and-see mode. FOMC is the main event. No need to chase. Just watch the levels and let the decision set the tone. Stay sharp.
Today marks 10 years since The DAO hack. Back then, I genuinely thought, "It's over. Game over." 14% of all ETH suddenly at risk of being drained.
After intense debate, the majority of the Ethereum community chose to support a hard fork specifically to address the affected accounts — not a chain rollback, just targeted action. I still believe that was the right call.
Since that moment, Ethereum has grown beyond anything we could have imagined. It matured, evolved, and became stronger than ever.
I fell in love with the Ethereum community back then, and I still feel the same today. No other tech community has held onto its core values through such massive growth.
Ethereum will keep building, resilient and unstoppable, for decades to come. 🚀
Today's macro and crypto landscape is fascinating, and here's what I'm watching closely.
The Fed held rates steady, dropping forward guidance for the first time under new Chair Warsh. QQQ sits at $722, while crypto's total market cap is $2.298T. For perspective, SpaceX SPCX is now the 8th largest asset globally at $2.55T, bigger than all of crypto combined. Ethereum sits at $209B, ranking 107th. Gold dipped to $4,290, oil to $76.48.
Coinbase dropped major news yesterday, including a tokenized stock initiative and an AI-powered advisor app. Saylor's STRC hit year-to-date lows. HYPE continues to outperform everything. The Aave vs Morpho debate is heating up, with mixed sentiment on Aave's decline.
Satori Finance's perps protocol shut down. Plasma One from XPL launches next week. MegaETH Terminal rewards are due for distribution. AERO surged, sparking excitement. Illinois Governor JB Pritzker signed harsh anti-crypto legislation taxing all transactions, including wallet transfers. This could go national if the wrong person wins in 2028.
World Cup attention is boosting prediction markets like Polymarket, Kalshi, and others. The Gacha/TCG craze continues. Fastest-growing chains by TVL this week are Stable, X Layer, Tempo, Bittensor, and World Chain.
Now, the main story is the Fed. This was Warsh's first FOMC as chair. If Trump wants rate cuts but Warsh didn't deliver, what does that mean?
Three possibilities come to mind. One, Trump can't appoint people who follow his orders, a recurring issue from his first term. Two, Warsh pushed for cuts but faced opposition. Three, they'll wait for the Iran situation to resolve and inflation to drop, giving them more room to cut.
After watching the entire press conference, I think it's a mix of all three. Warsh didn't sound overly hawkish. He seems intent on being a good Fed chair, keeping Trump reasonably happy without doing anything reckless.
I wouldn't be surprised if we see a couple of rate cuts later this year, but it...
The biggest crypto revolution is coming. And it starts with a massive disconnect in the market.
Right now, the world is all-in on AI hype. Amazon, Microsoft, Google, Meta… they've already poured $400 billion into it. By the end of this year, that number is expected to hit $1 trillion.
But here's the catch. If those expectations don't deliver, we could see a financial shock worse than the 2008 subprime crisis.
The Fed will respond the only way it knows how. Print money. Flood the system with liquidity.
But here's what they can't print. Moore's Law. They can't manufacture real innovation out of thin air.
That liquidity has to go somewhere. And it won't sit idle.
It will flow into hard assets. Into decentralized stores of value. Into Bitcoin, Ethereum, and BNB.
The math is simple. When trillions in printed money chase a fixed supply of digital gold, the price doesn't just move. It breaks out.
We're talking about a potential Bitcoin price target of $10 million.
Not tomorrow. Not next month. But in this cycle of monetary expansion and AI fallout, the setup is undeniable.
Stay sharp. Stay positioned. The floodgates are opening.
HYPE just pushed to a new local high near $76.70 this week, pulled back, and is now retesting that same level. A second run at a price everyone is watching creates a clean binary test: either it breaks through and continues higher, or it gets rejected and forms a lower high. No middle ground.
The instinct here is to chase the breakout with a leveraged long. But the problem is the chop at this level. A fakeout can trigger your stop loss and close your position right before the move you were waiting for actually happens. That's the trap.
A smarter play is structuring a call spread on $HYPE over Aevo. This gives you direct exposure to the breakout while keeping your downside risk fixed upfront. If HYPE clears that high, the position profits. If it gets faked out or rejected, you don't get stopped out because there's no stop to run. You just sit through the noise.
Build the strategy right around that $76.70 zone. And on Aevo, your HYPE options share the same margin account as all your other positions. Same applies for BTC and ETH if you prefer the majors. Clean execution, no margin fragmentation.