BTC June 3, 2026 Daily + 4H Intraday Technical Analysis & Practical Strategies
Current price: 66,700 USDT, down 7.3% in 24 hours, lowest 65,646 intraday, the entire market longs forced to liquidate, fear index drops to extreme fear zone, daily chart breaks down into a bearish trend, short-term deep oversold conditions suggest a rebound correction is needed.
1. Cycle Indicator Analysis
Daily Level
1. Price breaks below all major and medium-term moving averages: MA20 (76,430), MA50 (74,870), MA100 (73,200), with all moving averages turning downward, forming multiple resistance zones above; Bolli
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