KUN Market Analysis June 3, 2026, 07:00



The morning session is a typical deleveraging move: Bitcoin contracts dropped from above 71k to around 66.2k, ETF outflows, rising oil prices, and geopolitical risks continue to suppress risk appetite. The US stock AI sector remains strong but has not clearly driven the crypto market. Today, no faith-based positions are taken in contracts; just observe whether the rebound can recover key levels.

$BTC

Reference price around 66,299, 24-hour high of 71,573, low of 66,175. After four-hour K-line repeatedly broke support, it approached the lows; short-term bears still hold the advantage. Support at 66,175/65,000. A break below 65,000 indicates continued weakness; only consider short-term longs if it reclaims 67,280, with targets at 68,500/70,000. Near 68,500, reduce positions first, stop-loss at 65,880. If the rebound fails to volume up past 67,280, follow the trend and short at 66,175/65,000, with a stop-loss at 67,750.

$XLM

Reference price around 0.218, 24-hour high of 0.2479, low of 0.2147. After previous excitement from on-chain securitization news, today shows a dip; strong themes are beginning to be dragged down by the broader market. Support at 0.2147/0.2080. A break below 0.2080 invalidates the setup; only consider short-term longs if it reclaims 0.2245, with targets at 0.2330/0.2420. Near 0.2330, reduce positions, stop-loss at 0.2135. If it cannot hold above 0.2245, treat rebounds as bearish, look at 0.2147/0.2080, with a stop-loss at 0.2280.

$HYPE

Reference price around 68.62, 24-hour high of 75.87, low of 67.83. Previously relatively strong, but contract volatility has increased; better to wait for confirmation during the day. Support at 67.80/65.50. A break below 65.50 accelerates bears; only consider longs if it reclaims 70.20, with targets at 72.80/75.50. Near 72.80, reduce positions, stop-loss at 67.20. If it falls back below 67.80, and the rebound to 68.80 fails, consider light short positions with a target at 65.50, stop-loss at 70.40.

This is only personal trading notes and does not constitute investment advice.
BTC-3.5%
XLM-0.54%
HYPE-0.78%
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