June 5, 2026 Daytime Market Analysis



There is no significant change in tonight's non-farm payroll report, which will not have much impact on the market. The downward trend is still ongoing, and a strong rebound is unlikely. Bitcoin is currently falling quite low and may break below support levels, depending on whether there is a sharp spike to the quick block or if it continues to decline. Only after more than 3.5 spikes can we gradually consider going long.
For the day: The 4-hour chart shows the downtrend continuing, mainly with shadow spikes. If tonight's support break is not followed by a strong rebound, we should prepare for a deep spike. Intraday, expect initial support break followed by more declines, then consider short positions.

Resistance levels: 1850, 1950, 64500, 66500
Support levels: 1680, 1530, 61500, 59800

Ethereum today: Short positions at 1800, 1815, stop loss at 1840, take profit at 1700, 1650. If the decline lacks strength, it may trigger larger spikes at 1450, 1380.

Bitcoin today: Long positions manually entered. Only if a support break spike divergence occurs will there be a chance for a rebound long. Watch 64000, 64800, 65300.
Between 64000 and 64800, manual short positions with stop loss at 65300, take profit at 61000, 60500, 59600.

Combine technical analysis and live updates, control position sizes. For reference only. #比特币
BTC-0.31%
ETH-4.36%
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