#BTC触底66000 1. Recent Bitcoin Price Trend Analysis

Bitcoin has been continuously declining recently, briefly dropping to $66,123 during the trading session on June 3, hitting a two-month low, and Ethereum also fell to $1,837 during the same period, the lowest in three months. Currently, BTC's price has fallen about 44% from its all-time high of $126,198 in October 2025. Since the beginning of the year, it has gained only about 8%, while gold has risen 18% and Nasdaq has increased 12% in the same period.
This round of decline is not due to a single black swan event but a combination of multiple negative factors:
· ETF Capital Outflows Continue: Physical Bitcoin ETF has recorded net outflows for 11 consecutive trading days, totaling approximately $3.45 billion, the longest redemption record since listing. In May alone, net outflows reached $2.3 billion, the largest monthly outflow of the year.
· Strategy Breaks "Never Sell" Norm: The world's largest corporate Bitcoin holder, Strategy (formerly MicroStrategy), sold 32 BTC for the first time in three and a half years, causing a psychological impact far greater than the actual amount.
· Macro Liquidity Tightening: The market expects a 99.4% probability that the FOMC will keep interest rates unchanged in June. The new Fed Chair Kevin Warsh's appointment has maintained a high interest rate environment, suppressing risk assets.
· AI Sector Capital Siphoning: Anthropic secretly filed for an IPO (valuation around $965 billion), and the AI infrastructure investment boom has attracted large institutional capital outflows from the crypto market.
2. Is Now the Time to Buy the Dip?
In the short term, the market faces many headwinds. The core bearish logic is that Bitcoin is neither the best safe-haven asset (gold and energy stocks are better), nor the best growth asset (AI-related stocks are better), and it is no longer the only crypto asset—capital has more options, and scarcity alone is no longer enough to guarantee price increases.
Additionally, before the June 16–17 FOMC meeting, risk aversion sentiment may persist, and the deleveraging process is not yet complete. From a technical perspective, the next major support level for BTC is around $64,000; if broken, it could open the way to $60,000.
However, from a structural perspective, Bitcoin's fundamentals remain unchanged: network hash rate is near historical highs, the supply cap of 21 million coins remains, and layer-two scaling solutions are still innovating. Historically, Bitcoin has reached new highs in every cycle; if history repeats, the next upward cycle may begin around late 2026 or early 2027.
Currently, it is more suitable to adopt a cautious, phased approach rather than a full-scale buy-in. It is recommended to monitor whether the $65,000–$66,000 range can form effective support.
3. Contrarian and Resilient Cryptocurrencies
ZEC
The most remarkable contrarian in this market turbulence, reaching a high of $628 during the session on June 3, with its market cap once rising to the 11th position in the crypto market. Key drivers include: the SEC closing its investigation into the Zcash Foundation without enforcement action, clearing compliance hurdles; Grayscale has applied to convert its Zcash trust into a spot ETF, potentially the first privacy coin ETF in the US; the NU7 network upgrade is imminent.
HYPE
Hyperliquid (HYPE) hit a record high of $75.51 during the broad decline, up about 15% over the past week, with a market cap of approximately $15.9 billion, surpassing Dogecoin to rank in the top ten. The rally is supported by fundamentals—its daily fee income has surpassed Aave and Polymarket, ranking second only to Pumpfun in DeFi.
Other resilient cryptocurrencies
· Humanity (H): surged about 81% in a single day
· LAB: increased about 52%
· Worldcoin (WLD): up about 13%
· ONDO, DEXE: maintained relative strength during Bitcoin's plunge
· XLM: driven by DTCC's announcement of integrating its public chain, volume breakout, and positive funding rate turning negative, signaling a bullish trend
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