KUN Market Analysis June 2, 2026, 19:00

The market remains in defensive trading: Bitcoin current price around 69,570, intraday low 69,294, ETF continues to outflow, oil prices and geopolitical disturbances suppress risk appetite, futures just experienced long liquidation, tonight no emotional chasing, only key level confirmation.

$BTC

1-hour K-line close to low-level oscillation, any rebound below 70,000 is first seen as a correction. Reference price 69,570, support at 69,290/68,800, a break below 68,800 extends the decline; only re-establishing above 69,900 considers short-term longs, target 70,450/71,000, reduce positions near 70,450, stop loss at 69,180. If a rebound above 69,900 does not occur, lightly short with a bias toward bearishness at 69,290/68,800, stop loss at 70,280.

$AVAX

Reference price 8.72, intraday high 8.96, low 8.66, weak trend following the market, rebound volume insufficient. Support at 8.66/8.55, a break below 8.55 invalidates short-term bullishness; only consider long positions if it recovers above 8.90 and holds, target 8.96/9.12, reduce near 8.96, stop loss at 8.62. If 8.90 faces clear resistance, rebound is bearish, target 8.66/8.55, stop loss at 9.02.

$OP

Reference price 0.1247, relatively strong intraday, pulled against the trend near high levels, but small coin contracts tend to spike and fall back. Support at 0.1200/0.1150, do not chase longs if it breaks below 0.1200; if it tests 0.1200 without breaking, try long positions, target 0.1280/0.1340, reduce near 0.1280, stop loss at 0.1168. If it directly breaks above 0.1280 with volume and stabilizes, then follow through with breakout trades, stop loss at 0.1230; do not chase high before confirmation.

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