June 4, 2026 04:00

Early morning market still shows a weak recovery after liquidation: Bitcoin rebounded above 66,000 but ETF outflows continued, Strategy reduced holdings, geopolitical tensions and oil prices pushed U.S. bond yields higher, risk appetite has not fully returned; the entire market capitalization dropped about 2.6% in 24 hours, with increased trading volume, indicating not a quiet correction but leverage rotation. Today, contracts only confirm positions, no bottom-fishing at mid-range.

$DOGE

Reference price around 0.0917, 24-hour range 0.0911-0.0947, close to lows, weaker strength than the market. Support at 0.0910/0.0888, a break below 0.0888 extends the downtrend; only consider short-term long if it re-establishes above 0.0936, target 0.0948/0.0972, reduce positions near 0.0948, stop-loss at 0.0908. If it cannot hold above 0.0936, a rebound around 0.0928 is biased bearish, target 0.0910/0.0892, stop-loss at 0.0942.

$HYPE

Reference price around 73.3, 24-hour range 68.0-74.3, showing strength against the trend and approaching previous highs, funds clearly clustering on high-strong assets, but high-position contracts are prone to spikes. Support at 71.8/68.0, a break below 68.0 invalidates the trend; only consider going long if volume supports a steady rise above 74.5, target 75.5/78.0, reduce positions near 75.5, stop-loss at 71.6. If it fails to push above 74.5, do not chase, and look for a pullback below 72.8 to 71.8/69.5.

$PEPE

Reference price around 0.00000313, 24-hour range 0.00000306-0.00000324, trading still ongoing but rebound weak, suitable to wait for a breakout of the range. Support at 0.00000306/0.00000295, a break below 0.00000295 indicates weakening; only consider going long if it stabilizes above 0.00000325, target 0.00000338/0.00000355, reduce positions near 0.00000338, stop-loss at 0.00000304. If it cannot hold above 0.00000325, a rebound is biased bearish, target 0.00000306/0.00000298, stop-loss at 0.00000331.

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