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 comrades 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 over thousands of years!
At this moment, under the siege of the US stock market and tighter regulation, the survival space is getting narrower. Many players who entered before 2021 might become believers, but after 2023, all meme-driven entries are speculators. False prosperity is doomed to collapse someday, and last year’s on-chain fake frenzy drained the last liquidity.
After last year’s 1011 event, market makers lost a large amount of liquidity. Although there is no clear data supporting this now, based on 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 Bitcoin starting with 4 again after two years!
In just 20 days, it plummeted by 20,000 dollars, with no signs of stabilization. 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, almost 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.
Right now, it’s not about whether the current Bitcoin or altcoins can make money, but when will they bottom out? Before hitting bottom, do people still have confidence? The bulls are experiencing their final mental struggle.
XAU (gold) has been fluctuating this week, with some gains and some drops, remaining steady as an old dog. Actually, this week’s trading has been very cautious, but BTC’s sharp decline, starting at 3,000 dollars daily, has overshadowed everything.
Looking at 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 prices climbing higher, a scene of prosperity, with even a company valued at 200 billion dollars surging 50% in a single day.
Operation advice does not constitute any investment basis:
- When BTC drops by 3,000 dollars, buy 10% of your position until fully invested;
- When ETH drops by 150-200 dollars, buy 10% of your position until fully invested.
Those who bought the dip yesterday and hit stop-losses are suffering losses. Never expand your position; be patient and wait for the right side.
At this point, guessing the bottom is no longer possible. If you’re wrong, you’ll get beaten; if beaten, you must endure.
Remember: the market is never wrong; only yourself can be wrong!
#BTC #黄金 #US stocks