Crypto Community -- Analysis for June 5, 2026

There is no significant change tonight with the non-farm payroll report; it will not have much impact on the market.
The downward trend is still ongoing, and there won't be a large rebound.
Bitcoin is dropping quite low and may break below support, 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 one gradually start to buy long positions.
That day: In the 4-hour chart, the decline is still continuing, mainly with downward spikes.
If tonight's break below support is not followed by a rebound, then be prepared for a deep spike.
Intra-day, the price may first break support further down, then consider short positions.
Resistance levels: 1850, 1950, 64500, 66500
Support levels: 1680, 1530, 61500, 59800
Ethereum that day:
Short positions at 1800, 1815, with stop-loss at 1840, take-profit at 1700, 1650.
If the decline lacks momentum, it could trigger larger spikes at 1450, 1380.
Bitcoin that day:
Manual long positions; only if a break below support with a spike and divergence occurs, there is a chance for a rebound long.
Watch 64000, 64800, 65300.
Manual short positions in the 64000-64800 range, with a stop-loss at 65300, take-profit at 61000, 60500, 59600.

Based on technical analysis and live updates, control your position sizes. This is for reference only.