Cryptocurrency Market Snapshot: BTC, ETH, and BNB Face Short-Term Pressure
On June 17, 2025, the cryptocurrency market is showing notable volatility as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) all trade in the red on short-term charts. An analysis of the 15-minute candlestick charts from Binance reveals some key insights into their short-term performance.
#bitcoin (BTC/USDT)
Price: $105,558.62
24h Change: -1.04%
24h High / Low: $108,952.38 / $105,409.34
BTC is currently trading just above its 24-hour low. The 7-period EMA ($105,656.87) is slightly above the current price, suggesting minor bearish momentum. The MACD histogram is beginning to flatten, which could indicate that selling pressure is weakening. However, BTC is still below the 25- and 99-period EMAs, reinforcing a short-term downtrend.
#Ethereum (ETH/USDT)
Price: $2,552.29
24h Change: -2.36%
24h High / Low: $2,680.34 / $2,524.54
ETH is showing the steepest intraday decline among the three coins. The MACD is slightly positive at 0.61, hinting at a potential bounce, but overall technical indicators remain bearish with the price trading below all major EMAs (7, 25, and 99). The past 180 days show a -34.21% drop, reflecting long-term bearish sentiment.
Binance Coin (BNB/USDT)
Price: $654.31
24h Change: -0.15%
24h High / Low: $659.46 / $647.30
#bnb appears to be the most stable of the three in the short term, down just 0.15% over 24 hours. It's showing signs of a mild rebound after touching a low of $652.31. The EMAs are tightly clustered, indicating potential consolidation. The MACD is nearly flat, suggesting indecision in the market.
Market Summary
#BTC and #ETH are experiencing short-term bearish trends.
BNB is showing signs of stabilization and possible reversal.
Volume remains strong across all three coins, with BTC seeing 15,641.17 BTC traded in the last 24 hours and ETH leading in USDT volume at $1.76B.