June 4, 2026 Daytime Market Analysis



In the short term, the bottoming process is gradually happening, but whether it's a rebound or a reversal is hard to judge. If the price continues to break down, the decline will be deeper. From a technical perspective, it is very likely to break down and spike... The bearish trend still continues. Later, you can consider spikes in trading volume before making decisions.

Do not think of buying the dip just because the price is low; instead, set price alerts at major levels, watch for support and news, or wait for sideways consolidation before considering.

That day: 4-hour bearish trend continues, possibly with a spike to break new lows, severe selling pressure on Bitcoin,

Resistance levels: 1850, 1910, 63500, 64500
Support levels: 1690, 1530, 1460, 60500, 59500, 58000

Ethereum that day: In the live room, if the current price at 1780 is profitable, exit first. Short positions at 1830, 1850, stop loss at 1875. If not reached, can slowly add. Take profit at 1740, 1720. If it breaks new lows, expect a big spike to 1460, 1380.

Bitcoin that day: In the live room, short at 63000, current price. Short at 63500, 64000, stop loss at 64500. If profitable, exit first. Take profit at 60500, 59500. Big spike to 58000, 57000.

[Head position short gains 1000–1500 points; Ethereum gains 20–50 points, trading in waves within the range.]

Based on the live room and technical analysis, control position management. For reference #比特币 only.
BTC-5.62%
ETH-6.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned