Both BTC and ETH are in a reversal zone according to the price volatility indices.

Previously, we mentioned that the price volatility index for #BTC is June 17-19, and for the price volatility index for #ETH - June 16-18.

By the way, pay attention to how elegantly the index for Ethereum has started to reverse downwards since yesterday. Let's see how the daily candle closes and then we will provide a new forecast for the period of decreasing price volatility of the asset.

For Bitcoin, in recent days, many have likely noted the significant level of volatility. It is at local peaks, as can be seen. If our forecast for the downward reversal of the volatility index works out for Bitcoin as well - the asset may enter consolidation somewhere until the middle of next week. The peak of the current volatility should ideally be represented by today's decision from the US Federal Reserve and Powell's speech.

This is a case where it is very interesting to see if the preliminary expectations for decreasing asset volatility will materialize. It is hard to imagine a decrease in volatility against the backdrop of current news from Iran and Iraq. If there is a decrease - it means either the market will start to ignore them, or the military conflict will remain in a state of 'stagnation' for some time.