KUN Market Analysis June 2, 2026 17:00

The market remains defensive: Bitcoin fluctuates around 71k, with continuous outflows from spot ETFs and geopolitical risks suppressing risk appetite. The futures side is not in a broad rally environment; it’s suitable for key level trading, not for chasing emotions. Today, one strong, two weak: mainstream expects Ethereum to support, altcoins only confirm.

$ETH

Reference price 1978, 24-hour high 2008, low 1955, short-term still fluctuating below 2000. Support at 1960/1950, a break below 1950 invalidates the bullish case; only consider going long if it re-stabilizes above 1992, with targets at 2008/2025. Reduce positions near 2008, stop-loss at 1954. If a rebound fails to break 1990, look for short positions at 1960/1955, stop-loss at 2005, do not chase before confirmation.

$AVAX

Reference price 8.70, 24-hour high 8.98, low 8.65, weaker than the overall market, rebound volume insufficient. Support at 8.65/8.52, a break below 8.52 continues downward; only consider right-side longs if it stabilizes above 8.83, with targets at 8.98/9.15. Reduce positions near 8.98, stop-loss at 8.62. If 8.83 resistance holds, a rebound is biased bearish, with targets at 8.65/8.52, stop-loss at 8.91.

$TON

Reference price 2.005, driven by expectations of Telegram renaming to Gram, 24-hour high 2.279, low 1.873, volatility significantly increased, suitable for waiting for pullbacks and not chasing highs. Support at 1.96/1.90, a break below 1.90 invalidates strong sentiment; if it pulls back to 1.96 without breaking, consider long positions, targets at 2.08/2.18. Reduce near 2.10, stop-loss at 1.91. If volume increases and it stabilizes above 2.08, then follow with a breakout, targets at 2.18/2.28, stop-loss at 1.99.

This is for personal trading notes only and does not constitute investment advice.