June 4, 2026, 9:31 AM, a brief chat about BTC/XAU/US stocks

That night, the market plundered 1.26B dollars from 191,652 people, fewer than yesterday by 70k people, and the amount was down by 400 million dollars, roughly one-third less, indicating that the bulls have lost about one-third of their good friends again!
This week’s market once again proves that BTC’s volatility is still far greater than gold’s volatility; a product that has been around for 17 years and 5 months still cannot compare to the consensus assets that have been established for thousands of years!
At this moment, under the siege of the US stock market and tightening regulations, the survival space is getting narrower. Many players who entered before 2021 might become believers, but after 2023, due to meme-driven entries, they are all speculators. The false prosperity is doomed to collapse one day, and last year’s on-chain fake frenzy drained the last liquidity completely.
After last year’s 1011 event, market makers lost a large amount of liquidity. Although there is no clear data supporting this currently, based on the current market liquidity, this year’s market is even darker than 2022!
BTC’s last line of defense is now between 60,000 and 61,500. If it can’t hold, we might see the big pancake starting with 4 again after two years!
In just 20 days, it plummeted by 20,000 dollars, with no signs of stabilization. Starting from last year’s high, it has been oscillating downward for 111 days, nearly four months. Looking at ETH, it’s been oscillating downward for 137 days, nearly five months. Such a decline in BTC’s 17-year history is rare!
Currently, the Fear and Greed Index has dropped to 12, also in a historic low zone. Now, the focus isn’t on whether the current big pancake or small pancake can make money, but on when it will bottom out. Before hitting the bottom, is there still confidence? The market bulls are experiencing their final mental struggle;
XAU has been oscillating with ups and downs this week, steady as an old dog. Actually, this week’s operations have been very cautious, but BTC’s sharp decline, starting at 3,000 dollars daily, has overshadowed everything. Judging by this year’s performance, gold has outperformed BTC, so anyone debating gold versus BTC might as well be asking for trouble!
US stocks remain strong, with targets climbing higher, a scene of prosperity, including companies with a market value of 200 billion, with a single-day surge of 50%;
Trading advice does not constitute any investment basis: For every 3,000-dollar drop in BTC, buy 10% of your position until fully invested; for ETH, buy 10% on every 150-200 dollar drop until fully invested. Those who bought the dip yesterday and hit stop-losses have lost; do not increase your position. Be patient and wait for the right side. At this moment, guessing the bottom is no longer possible. If you’re wrong, you’ll get hit; if you get hit, you have to endure. Remember: the market is never wrong; only yourself!
#BTC # Gold #US stocks