Anbio Biotechnology's 15min chart: MACD Death Cross, RSI Overbought, Bollinger Bands Narrowing

Based on Anbio Biotechnology's 15-minute chart, the MACD has triggered a death cross, the RSI is overbought, and Bollinger Bands are narrowing as of June 2, 2025 at 14:45. This indicates that the stock price may continue to decline as it has risen too quickly and exceeds fundamental support levels. Furthermore, the magnitude of the stock price fluctuations is decreasing, suggesting a potential downward trend.

The altcoin market is exhibiting signs of a potential bullish continuation, setting the stage for an anticipated altcoin season in the coming months. As of June 2025, the total crypto market cap stands at $3.27 trillion, with a 24-hour trading volume of $88.44 billion, indicating a cautious yet optimistic trading environment. The Fear & Greed Index, currently at 57, signals neutral sentiment, while Bitcoin dominance remains elevated at 63.6%, indicating its significant market share. However, this dominance may start to fade as investors turn their attention to altcoins, which are showing promising early signals of a breakout.

Ethereum (ETH), one of the top-performing altcoins, is currently trading just below the $2,500 mark, aligning with the middle Bollinger Band and close to its average price level of $2,513. This zone is pivotal; a bounce here could reinforce bullish momentum toward the upper band at ~$2,547, while a breakdown could send ETH toward $2,440. Ethereum's recent scaling announcement to 100,000 TPS by Vitalik Buterin has injected fresh optimism among long-term holders [1].

Solana (SOL) continues to showcase technical and fundamental strength. A Bullish Cypher Harmonic Pattern is emerging, which is often an indicator of trend reversal. Solana’s recent integration with Chainlink’s CCIP has unlocked new cross-chain interoperability features, attracting institutional and DeFi interest alike [1].

SUI (SUI) remains technically resilient, holding above the key $2.95 support. A bounce here could push the price toward $3.80, aligned with the 23.6% Fibonacci resistance. Notably, the community’s backing of the $162 million fund release following a protocol vulnerability demonstrates strong network governance and trust, which may buoy price action further [1].

Chainlink (LINK) just reclaimed a vital resistance zone, and its developer activity score of 492.87 cements its crucial role in the DeFi ecosystem. The price is showing signs of a breakout with momentum building. If $13.90 continues to hold, the next immediate targets are $14.10 and $14.20. A breakout above those levels could confirm a trend continuation to the upside [1].

Bittensor (BTT) is showing early signs of stabilization after a sharp retracement from the $500 range. It found support near $407, and buyers are attempting to reclaim the $420–$425 zone. If successful, this could set off a short squeeze, propelling BTT back toward the $440+ range. With AI infrastructure demand on the rise, BTT remains a niche yet strategic altcoin to monitor [1].

While the altcoin market is showing promising signs, investors should remain cautious. Altcoin season often lags behind Bitcoin’s rally, and with Bitcoin dominance still high (63.6%), investors are cautious. However, the breakout in the altcoin market cap is a promising early signal [1].

References:
[1] https://coinpedia.org/price-analysis/top-5-altcoins-to-buy-for-june-2025/