Around the Block | 22
Macro price action, on-chain data, and market structure. No noise.
Around the Block | June 15, 2026 | By William Sanchez Jr., Founder of A.W. Block
The base defended. The weekly closed at $65,697 on a +3.73% hammer-character candle that wicked $2,600 down to $60,732 and closed at the high with no upper shadow. The probe held $1,622 above last week's capitulation low at $59,110, the rising 200 weekly MA reclaimed on the close, and weekly volume contracted to 87.8K from 189K, the absorption signature I want to see after a capitulation print. I am reading this as confirmed structural defense at the 2024 base. The base is intact. The bounce is not yet a reclaim. None of this is financial advice.
Don't trust, verify.
Let's dive in.
