This article is published under KTX Crypto Academy's "Market Analysis" section. It is based on the KTX Baize Business School Web3 official market livestream and covers BTC, ETH, altcoin opportunities, market review, and trading education. This session focuses on BTC's 68K-71K rebound short zone, ETH's 1766 long take-profit and 1840/1900 short setup, and the opportunity-risk structure of ZEC, HYPE, OPEN, and other altcoins.
Livestream date: June 16, 2026
Instructor: Teacher Zeyu
Platform: KTX Official Chinese Lark Group
Core focus: BTC rebound short plan · ETH long-short rotation · Altcoin risk and test-position strategy
Full Livestream Replay:
The full KTX Baize Trading Academy Web3 market livestream has been uploaded to YouTube.
1.Overall Market View: The Rebound Is Still Active, but the Larger Plan Remains Bearish
Teacher Zeyu believes the market has moved from the previous decline into a rebound phase. In this stage, it is not suitable to keep chasing shorts at lower levels. A better approach is to wait for price to rebound into key resistance zones, then look for higher-probability short setups.
He emphasized that last week he had already warned that chasing shorts was not meaningful. The market has now indeed entered a rebound, and both intraday long and short trades can work. However, the medium-term plan is still to wait for the rebound to finish before shorting.
The current trading rhythm can be summarized as:
- Do not chase shorts at lower levels.
- Do not assume a bull-market reversal just because of a short-term rebound.
- For major coins, wait for key pressure zones; for altcoins, participate only with light positions.
- Place planned orders in advance instead of chasing emotionally in real time.
Teacher Zeyu also reminded viewers that the market has recently had only three to four real trading days per week, while the rest of the time is mostly sideways movement. For major coins, capturing 1-2% in a day is already acceptable in the current environment.
2.BTC: 68K-71K Is the Key Short Zone, 74K Is the Main Risk Level
2.1 Review of Yesterday's BTC Short Trade
The BTC short zone given in the previous livestream was 66,666-67,666. Price later dropped to the 65,000 area, giving roughly 1,000 dollars of potential profit.
Teacher Zeyu pointed out that these intraday short trades are valid, but they should not be confused with medium-term trend shorts. Intraday trades focus on short-term price movement, while medium-term trades require better rebound levels.
2.2 Do Not Rush to Short Yet; Focus on the 0.618-0.786 Retracement Zone
From the current BTC structure, price has not yet rebounded to the Fibonacci 0.618 area. The key zone highlighted by Teacher Zeyu is 68,000-71,000, roughly the 0.618-0.786 retracement range.
Trading plan:
- Stage short entries between 68,000 and 71,000.
- Use multiple orders to reduce timing pressure, since the exact rebound high cannot be predicted.
- Treat the 74,000 area as the previous-high risk level.
- If price breaks above 74,000 effectively, acknowledge the possibility of a reversal structure.
Teacher Zeyu explained that if the average short entry is around 69,500 and the stop is placed near 74,000, the risk is roughly 4,500 dollars. If BTC later falls from around 70,000 toward below 50,000, the downside space could be about 20,000 dollars, making the risk-reward more attractive.
2.3 Medium-Term View: 59K Is Not Yet Treated as the Major Bottom
Teacher Zeyu still does not view 59,000 as the true major bottom of this move. Unless BTC breaks above 74,000 and forms a clear reversal structure, the medium-term plan remains to prepare for a later move below 50,000.
This is not an absolute call, but a probability-based view. The more practical approach is to place rebound short orders in advance and wait for the market to give the setup.
3.ETH: 1766 Long Has Taken Profit, 1840 and 1900 Are Two Short-Setup Layers
3.1 Review of the 1766 Long: Take the First Profit and Do Not Overstay
The ETH long setup was given near 1766, with the first take-profit target around 1800 and the second around 1840. During the livestream, ETH had already approached the 1840 area, meaning the long trade had largely completed its main target.
Teacher Zeyu reminded viewers that major coins are less volatile than altcoins. In the current low-liquidity market, capturing about 40 dollars on ETH is already a reasonable intraday result.
3.2 1840 Can Be Used for Intraday Shorts; Above 1900 Is the Medium-Term Short Zone
The ETH short plan has two layers:
- Intraday short: 1838-1840 can be tested, with the first target near 1800.
- Medium-term short: 1900-1905 is a more important zone to watch.
- If ETH continues to push higher, do not force shorts at lower levels; wait for a better upper zone.
Teacher Zeyu also reviewed a previous ETH short setup where the stop-loss was set too tightly. If the entry zone had been 1774-1838 and the stop had been placed around 1878, the trade structure would have been more reasonable, because ETH later pulled back below 1760 and had room to profit.
3.3 Trading Lesson: Set Take-Profit and Stop-Loss Orders in Advance
The ETH section was not only about levels, but also about trading habits.
Teacher Zeyu emphasized that after entering a trade, traders should set take-profit and stop-loss orders in advance instead of watching the chart constantly. The longer one stares at the market, the more likely one is to overthink and change the plan.
A better process is:
- Decide entry, stop-loss, take-profit, and position size before entering.
- Execute according to the plan after entering.
- Trade only when the setup is clear; wait when there is no clear edge.
- Do not spend all your time reacting to every price fluctuation.
4.Altcoins: Stronger Rebounds Than Major Coins, but No Blind Chasing or Random Shorting
4.1 Altcoins Rebound Harder, Making Shorts Riskier
Teacher Zeyu pointed out that when the broader market rebounds, altcoins often rise faster than BTC and ETH. Names such as WLD showed stronger rebound behavior, which means altcoins offer opportunities, but also higher short-side risk.
His own rule is simple: he does not easily short altcoins. The reasons are clear:
- An altcoin can only fall to zero, limiting the theoretical short-side return.
- But an altcoin can rise multiple times, making short-side tail risk much larger.
- High-volatility coins can wick sharply and trigger stops very easily.
Therefore, altcoins are better suited for light positions, low leverage, and selective participation. They are not suitable for heavy chasing or random shorting.
4.2 ZEC: Bad News Has Been Priced In; 550-560 Is Only for Test Shorts
ZEC previously dropped sharply due to negative news related to its founder, but after that news was digested, price rebounded significantly.
Teacher Zeyu still maintains a medium-term bearish view and believes ZEC may eventually move below two digits. However, the current area is not suitable for chasing shorts. His plan is to test a light short position around 550-560.
The key word here is "test." This is not a heavy-position trade. ZEC is highly volatile and difficult to stop precisely. If the position is too large, it can easily be stopped out by a rebound or wick.
4.3 HYPE: The Head-and-Shoulders Pattern Failed, Strong Coins Should Not Be Shorted Too Early
HYPE previously had a possible head-and-shoulders structure, but price later broke above the previous high directly, which means that structure has failed.
Teacher Zeyu believes HYPE remains a strong name. Before the broader market rebound has fully played out, strong altcoins like this should not be shorted too early. A more reasonable approach is to wait for BTC and ETH to reach their key resistance zones, then observe whether altcoins start to weaken at the same time.
4.4 OPEN: 0.232 Remains a Pullback Long Area to Watch
OPEN remains one of the altcoins worth watching in this session. Teacher Zeyu mentioned that he previously took a small test position near 0.23 and exited around 0.238.
Going forward, OPEN should still be approached on pullback, not chased at higher levels. The more reasonable plan is to place a long order near 0.232 and wait for a retracement.
4.5 FHE and H: Funding Rates and Wick Risk Must Be Checked Separately
FHE was mentioned as another altcoin to watch, with the 0.025 area as a possible observation or order zone.
H is a much higher-risk name. Teacher Zeyu specifically reminded viewers that before trading this type of high-volatility coin, traders must check the funding rate. In the livestream, he mentioned that H's short-side funding rate was extremely high during certain periods, potentially above 1% per hour. Even if the direction is correct, funding costs can consume most of the profit.
At the same time, H had an extreme daily wick, dropping from above 0.7 to around 0.05. A single candle moved close to 90%. This type of coin is not suitable for casual follow-up trades or heavy positions.
5.Core Trading Principles
- Do not chase longs or shorts. If the setup is not there, wait.
- Trade major coins around key zones: BTC at 68K-71K, ETH around 1840 and 1900.
- Use light positions for altcoins. Do not short them casually or chase rallies with heavy size.
- Always check funding rates on high-volatility coins; price direction alone is not enough.
- Test positions matter. Use small size first, observe the market response, then decide whether to add or exit.
- Set take-profit and stop-loss orders in advance instead of constantly watching the chart and changing the plan.
- Build your own trading system and do not let other people's views constantly interfere with your positions.
6.Q&A Highlights
6.1 Should the ETH 1840 Short Be Closed?
Teacher Zeyu said the ETH short entered near 1838 during the livestream was an intraday test trade, and he planned to close it before ending the session. Traders who want to hold can continue observing, but if ETH pushes back up, the 1840 area can still be tested for a short. If price continues higher, however, traders should not keep forcing shorts around 1840. The zone should be moved higher toward 1870 or even 1900.
6.2 Can BTC Still Be Bought on Pullback?
Teacher Zeyu believes that if BTC pulls back to around 64,500-65,000, a low-position long can still be considered. The key is to wait for the pullback, not chase the current rebound.
6.3 Should ETH Be Bought Again Around 1703-1706?
The ETH long from 1766 has already completed its main take-profit plan. If ETH later returns to the 1703-1706 area, Teacher Zeyu does not recommend treating it as the same long setup again, because ETH has now shifted more toward short-side observation.
7.Livestream Resources and Participation
This article is based on the KTX Baize Business School Web3 official market livestream. Follow KTX Crypto Academy's "Market Analysis" section for ongoing BTC, ETH, altcoin opportunity reviews, market recaps, and trading education.
This article is organized from the KTX official Chinese community livestream. All market analysis and trading suggestions are for reference only and do not constitute investment advice. Cryptocurrency futures trading involves extremely high risk. Please participate carefully based on your own risk tolerance.