June 4, 2026 16:00

At 16:00, the market still shows a weak correction after liquidation, Bitcoin rebounded from around 61,400 but remains below resistance near 64,800. ETF outflows, miners transferring to exchanges, and large long liquidations make the futures market more like volatility after deleveraging, not a trend reversal. Today, only conditional orders are placed; no chasing the first bullish candle.

$BNB

Reference price around 600, 24-hour high of 644.8, low of 595.1, previously strong momentum dragged down by the broader market. Support at 595/585, a break below 585 indicates continued weakness; only consider short-term longs if it re-establishes above 612, with targets at 626/640, reduce positions near 626, stop loss at 592. If it rebounds but cannot hold at 608-612, bearish outlook with a pullback target of 595/586, stop loss at 618.

$ZEC

Reference price around 568, 24-hour decline of about 8%, but over 7 days it remains relatively strong, indicating funds are still fluctuating within the hidden line. Support at 560/540, a break below 540 invalidates the strong structure; only consider longs if it revisits 560 without breaking and recovers above 585, with targets at 610/632, reduce positions near 610, stop loss at 552. If it cannot hold above 585 and falls below 560, short-term targets are 545/528, stop loss at 592.

$PENDLE

Reference price around 1.31, 24-hour range approximately 1.23-1.44, DeFi yield line follows market retracement, volatility is sufficient but confirmation of support is pending. Support at 1.26/1.23, a break below 1.23 indicates no long entry; only consider short-term longs if volume increases and it stabilizes above 1.34, with targets at 1.39/1.44, reduce positions near 1.39, stop loss at 1.27. If a surge to 1.34 fails, a rebound between 1.32-1.34 is bearish, with targets at 1.26/1.23, stop loss at 1.37.

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