June 1 Market Analysis: Cycle Line Closure, Overall Market Weakness

On June 1, 2026, weekly and monthly lines closed simultaneously, with multi-cycle technical patterns leaning bearish. The market analysis for each asset is as follows:
1. Mainstream Coins
Weekly line shows a weak K-line, with MA5 at 76,000 and MA20 at 73,100. The previous resistance level of 71,000 has now turned into a strong support.
Monthly line forms an inverted hammer, with the price falling from 82,800 to 76,300, touching a low of 72,400. The monthly MA5 is at 71,700. The core support zone is between 71,000 and 72,000. If this zone is broken, the market may decline further to 66,000, triggering a deep correction. Short-term, it is recommended to stay on the sidelines.
The daily trend continues to weaken, with the previous upward trendline already broken. The downward pattern is complete, combined with diminishing MACD momentum, establishing a bearish structure. Consider positioning in the high zone of 73,500-74,000.
2. Ethereum
The market is volatile, with prices relatively high. Resistance above is at 2,033. Trading can be done within the 2,022-2,033 range.
3. Gold (4 hours)
Price is pressured at 4,600 and has pulled back, with the overall trend downward. Entry can be made at 4,534, with short-term targets of 4,510-4,500; if support is broken, look toward 4,400-4,450.
The market is in long-term consolidation, and short-term prices are unlikely to reach 4,800. Rebound trading should follow the trend. Currently, the 2nd line has become support, and the price may rebound to 4,600. Focus on zone defense and attack.
4. Strategy Summary
This week and month continue with the original approach. Last week’s trading was fully successful, with only 8 stop-loss trades from May 4 to 29, demonstrating steady performance. The current trend is clear, and patience in executing the strategy is advised. More content will be provided; stay tuned. #Gate真实股票交易正式推出