KUN Market Analysis June 3, 2026, 06:00

Early session still shows risk withdrawal: Bitcoin fell below 68,000 with no recovery, spot ETF outflows continue to expand, funds remain biased toward AI stocks, oil prices and geopolitical news suppress leverage sentiment. Today, focus on the rebound quality of the contracts; avoid blindly bottom-fishing after sharp declines.

$ETH

Reference price around 1896, 24-hour high of 2006, low of 1880, breaking below 2000 with candlesticks near the lows, indicating only weak recovery. Support at 1880/1855, invalid if below 1855; only consider short-term longs if it reclaims 1925, target 1965/2000, reduce positions near 1965, stop-loss at 1872. If the rebound volume fails to break 1925, follow the trend and short at 1880/1855, stop-loss at 1942.

$AVAX

Reference price around 8.31, 24-hour high of 8.95, low of 8.17, nearly 7% decline, still highly elastic in altcoins but with weaker support. Support at 8.17/8.00, continuation of short if below 8.00; only consider long positions if it stabilizes above 8.48, target 8.72/8.95, reduce positions near 8.72, stop-loss at 8.12. If it cannot hold above 8.48, treat rebounds with a bearish bias, look at 8.17/8.00, stop-loss at 8.58.

$INJ

Reference price around 6.62, 24-hour high of 7.33, low of 6.44, after intraday spike and pullback, still haven't reclaimed 6.80, contract funds are better to wait for confirmation. Support at 6.44/6.25, structure weakens if below 6.25; only consider short-term longs if volume increases and it stabilizes above 6.82, target 7.05/7.30, reduce positions near 7.05, stop-loss at 6.42. If it falls back below 6.44, a rebound to 6.55 can be lightly shorted, target 6.25, stop-loss at 6.70.

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