June 5, 2026, current price around 62,800



Currently, 4-hour trend: It seems like the recent decline has been supported. I think the current position is very critical. If it can hold around 61,000 and have a decent rebound, it’s best to gradually rebound strongly to around 72,000 in the next few days. After that, if it breaks below 60k, then the 52,000-60,000 range is the bottom, and it can start bottom-fishing. If it cannot hold above 61,000 tonight, and the US stock market opens, and it cannot recover, Bitcoin starting with a "5" will either sideways trade or drop sharply, and the bottom will really be a wait-and-see situation. The more terrifying part is still to come.

✅ Today's strategy
Don’t trade for now, just see if it truly stabilizes. Or if it continues to decline. Don’t hurt your wallet by chasing shorts or doing contrarian trades.

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BTC-0.32%
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