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Bro, analyze XAU/BTC/ETH on June 2, 2026, at 9:59 AM
That night, the market plundered 141,741 people of 605 million dollars, it’s not just brutal, it’s downright inhumane!
Now Web3 is fully embracing the US stock market, not to say Web3 is dead, but the high-growth environment for Web3 is gone, and there’s basically no chance to get explosive dividends anymore.
Even if there are future explosive opportunities, at least they won’t be accessible to ordinary people.
Before 2025, the underdogs still have a higher chance of making a comeback.
Remember from now on, don’t just think about making a comeback; if you can survive by trading and support yourself and your family, you are the coolest!
BTC
Support levels 68,700 / 67,135
Resistance temporarily set at 75,475 - 78,425 / 80,850
Yesterday, Bitcoin plunged by 3,300 dollars in one day, which is a significant drop for the current price.
Now, roughly 90% of tests will target the 68,700 level.
Avoid crypto operations this week, focus on trading gold and US stocks!
ETH
Resistance temporarily set at 2,100 / 2,225
Support levels 1,915 / 1,600
Yesterday’s low was 1,954.5, and ETH is slightly stronger than Bitcoin because this wave of ETH’s decline was the sharpest.
The drop to the 2,000 region corresponds to Bitcoin’s price below 65,000 in April and February.
ETH is now just a little bit off because it’s about to test a breakdown!
Considering the current Web3 shift to US stocks last night, I focused on XAU instead of Bitcoin or ETH.
Early this morning, it hit 4,490 smoothly; continue looking for opportunities today!
Trading advice does not constitute any investment basis:
Thinking back to the US stock career from 2012-2017, it’s just like yesterday.
Now we’ve returned to the starting point.
These past two days, many Web3 friends must be experiencing intense psychological battles.
Any normal person would feel anxious about Web3’s future.
Actually, you should remember that 99.99% of altcoins and Web3 have nothing to do with the real market.
Bitcoin and ETH are enough.
So recently, I keep emphasizing to abandon altcoins and embrace US stocks.
When the first major test in mid-month arrives, and SpaceX officially joins the NASDAQ, pushing market capital flow to its peak, Web3 and US stocks will eventually reach a balance.
That will be the moment to go all-in on Bitcoin and ETH spot holdings!
Continue to focus on trading opportunities in gold and US stocks this week!