Bitcoin and Ethereum stay bearish as dominance pressure hits Altcoins

Kitco06-11 16:28

Bitcoin weakened its short-term bearish-pennant support on Wednesday, and Ethereum followed the same strong-bearish structure. While short-timeframe bullish divergence signals can create bounce risk, ...

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While short-timeframe bullish divergence signals can create bounce risk, ...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-06-11/bitcoin-and-ethereum-stay-bearish-dominance-pressure-hits-altcoins\">Source Link</a>\n\n</div>\n","source":"kitco_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin and Ethereum stay bearish as dominance pressure hits Altcoins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin and Ethereum stay bearish as dominance pressure hits Altcoins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-11 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.kitco.com/opinion/2026-06-11/bitcoin-and-ethereum-stay-bearish-dominance-pressure-hits-altcoins><strong>Kitco</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin weakened its short-term bearish-pennant support on Wednesday, and Ethereum followed the same strong-bearish structure. While short-timeframe bullish divergence signals can create bounce risk, ...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-06-11/bitcoin-and-ethereum-stay-bearish-dominance-pressure-hits-altcoins\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09008","symbol_name":"博时比特币-U","start_time":0,"source_url":"https://www.kitco.com/opinion/2026-06-11/bitcoin-and-ethereum-stay-bearish-dominance-pressure-hits-altcoins","article_id":"2642235797","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/opinion/2026-06-11/bitcoin-and-ethereum-stay-bearish-dominance-pressure-hits-altcoins","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642235797","pubTimestamp":1781166480,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":"Bitcoin weakened its short-term bearish-pennant support on Wednesday, and Ethereum followed the same strong-bearish structure. 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While short-timeframe bullish divergence signals can create bounce risk, the larger read remains bearish while TBO and OBV continue to favor sellers.Bitcoin support weakens while the macro trend stays bearishBTC pierced short-term support, weakening the bearish-pennant support line. The hourly chart did print three recent TBT Bullish Divergences, but those are early reversal signals inside a macro trend that remains bearish.Ethereum mirrors Bitcoin's risk-off structureEthereum remains strong bearish and appears to be waiting on Bitcoin for the next major directional move. The weekly chart is still bearish across TBO, OBV, and RSI, with RSI sitting in oversold territory.Dominance flows continue to pressure altcoinsCombined stablecoin dominance remains strong bullish and pushed higher on Wednesday, although it has not yet reached the 13% accumulation trigger area. Bitcoin dominance also jumped about 0.49% while OTHERS.D dropped about 1.49%, a combination that usually hurts altcoin breadth.Altcoin market-cap charts are still on breakdown watchTOTALES remains strong bearish on the daily chart. TOTALE50 dropped to TBO Support but did not close below it, while TOTALE100 wicked into support. A clean loss of these levels would likely bring new TBO Breakdown signals across the alt market.TradFi risk signals add pressureThe DXY remains strong bullish and is pressing toward TBO Resistance. The VIX closed above the 22 rejection zone, major U.S. indices printed TBO Close Long warnings, and gold closed down 4.41% while printing a TBO Breakdown.Altcoin standouts are mostly caution signalsHYPE printed a TBO Close Long that works as both a take-profit reminder and a bearish reversal warning. XMR has bounced back to the daily TBO Fast line after tagging support, MORPHO is approaching a possible resistance retest, and DEXE is the cleaner Springboard Bounce watch after retracing to the Fast line.For more market updates and trading education, visit Mastering Assets.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642235797","isCrawlerRequest":true}