KUN Market Analysis June 2, 2026, 20:00

The market remains risk-averse: Bitcoin fell below 70,000 and weakly recovered around 69,400; ETF outflows continue, geopolitical tensions and oil price disturbances suppress risk appetite; longs on the futures side have just been wiped out. Tonight, watch the rebound quality first, avoid chasing without confirmation.

$ETH

Reference price 1978, intraday low 1959, high 2005. Ethereum is relatively more resilient than Bitcoin, but overhead resistance above 2020 remains short-term. Support at 1958/1920, a break below 1920 invalidates the bullish structure; only if it reclaims 2005 consider short-term longs, target 2028/2050, reduce positions near 2028, stop loss at 1955. If the rebound fails to break 2005, lightly short with a view of 1958/1920, stop loss at 2022.

$NEAR

Reference price 2.68, intraday from 2.30 up to 2.75, a strong countertrend coin, but such rapid rises are most vulnerable to failed high turnover. Support at 2.58/2.48, a break below 2.48 invalidates short-term longs; a pullback to 2.58 without breaking can attempt longs, target 2.75/2.88, reduce positions near 2.75, stop loss at 2.46. If it directly falls back below 2.58, do not chase the rebound, wait until around 2.48 to look for support.

$INJ

Reference price 7.14, intraday high 7.31, low 6.59, stronger than the market but with obvious selling pressure near 7.30. Support at 6.95/6.72, a break below 6.72 turns weak; only if it stabilizes above 7.31 consider breakout longs, target 7.55/7.82, reduce positions near 7.55, stop loss at 6.92. If 7.31 resistance continues to hold, a rebound is bearish with support at 6.95/6.72, stop loss at 7.42, do not chase before confirmation.

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