KUN Market Analysis June 2, 2026, 18:00

The market remains defensive: Bitcoin has fallen below 70k, ETF outflows, geopolitical tensions, and oil price disturbances are suppressing risk appetite, and futures are not suitable for chasing rallies, only confirming key levels. Tonight's strategy is mainly defensive for mainstream assets, and altcoins only trade on volume breakouts or pullbacks for support.

$BTC

Reference price 69,411, 24-hour high 72,870, low 69,288, 1-hour trend is downward along the moving average, 69,000 is a short-term critical level. Support at 69,280/68,800, breaking 68,800 extends the decline; only if it re-establishes above 69,850 consider short-term longs, target 70,430/71,000, reduce positions near 70,400, stop-loss at 69,180. If a rebound fails to break 69,800, remain bearish with targets at 69,280/68,800, stop-loss at 70,280.

$BCH

Reference price 282.6, 24-hour high 293.7, low 277.7, weaker than the broader market, rebound highs keep declining. Support at 281.5/277.7, breaking 277.7 indicates continued weakness; only if it stabilizes above 286.2 consider right-side longs, target 288.8/293.5, reduce near 289, stop-loss at 280.8. If 286 is effectively resisted, expect a bearish rebound, targets at 281.5/278, stop-loss at 288.2.

$NEAR

Reference price 2.63, 24-hour high 2.758, low 2.293, intraday volatility has increased, indicating a strong rebound after confirmation. Support at 2.60/2.57, breaking 2.57 invalidates strong momentum; a pullback to 2.60 without breaking can attempt longs, target 2.66/2.72, reduce near 2.66, stop-loss at 2.55. If volume confirms and it stabilizes above 2.665, then consider breakout trades, target 2.72/2.758, stop-loss at 2.60; do not chase before confirmation.

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