KUN Market Analysis June 3, 2026, 08:00

The morning session remains a recovery phase after deleveraging: Bitcoin’s overnight low reached around 66,155, spot ETF outflows continue to suppress risk appetite, the US stock market’s AI sector is strong but shows no clear inflow back into the crypto space, oil prices and geopolitical risks make futures funds more defensive. Today, don’t rush for the first rebound; first see if key levels can be reclaimed.

$BTC

Reference price around 66,750, 24-hour high of 71,366, low of 66,155, 4-hour K-line broke 70,000 but rebound is weak, short-term remains in a weak zone. Support at 66,150/65,000, a break below 65,000 extends the decline; only consider short-term longs if it reclaims 67,280, with targets at 68,150/69,500, reduce positions near 68,150, stop-loss at 65,900. If a rebound above 67,280 is not accompanied by volume, follow the trend and short at 66,150/65,000, stop-loss at 67,850.

$NEAR

Reference price around 2.638, 24-hour high of 2.777, low of 2.455, AI narrative and June upgrade expectations make it relatively resilient, but high-level turnover is heavy, so wait for confirmation. Support at 2.535/2.455, a break below 2.455 invalidates bullish structure; only consider long positions if it stabilizes above 2.655, with targets at 2.735/2.777, reduce positions near 2.735, stop-loss at 2.515. If it falls back below 2.535, a rebound at 2.58 is not strong enough for a long, target 2.455, stop-loss at 2.67.

$AVAX

Reference price around 8.18, 24-hour high of 8.94, low of 8.019, more affected by the overall market risk-off sentiment, four-hour decline along below 8.70 in steps, temporarily treating as a weak rebound. Support at 8.02/7.80, a break below 7.80 may accelerate decline; only consider short-term longs if it reclaims 8.38, with targets at 8.50/8.72, reduce positions near 8.50, stop-loss at 8.00. If it cannot hold 8.38, a rebound around 8.30 is bearish, target 8.02/7.80, stop-loss at 8.47.

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