June 5, 2026, 20:00

The contract market remains in a weak correction after clearing long positions, with spot buying not showing a clear rebound, ETF outflows, macro hedging, and high open interest making the rebound more like short covering. Tonight, only confirmation orders will be placed; avoid chasing during sharp dips, and lower positions in high-volatility assets.

$SOL

Referencing around 66.1, with intraday lows of 64.2 and highs of 70.4, still below the 4-hour downtrend moving average. Support at 64.2/62.8, a break below 64.2 invalidates the bullish case; only consider short-term longs if the 15-minute candle stabilizes at 67.4, targeting 69.2/70.4, reducing positions near 69.2, with a stop loss at 65.8. If the rebound at 67.4 fails, follow the trend for shorting, targeting 64.5/62.8, with a stop loss at 68.1.

$NEAR

Referencing around 2.01, nearly touching the 2.00 support level intraday, weaker than the broader market. Support at 2.00/1.92, a break below 1.92 invalidates the long setup; only trigger a right-side short if volume pushes back above 2.08, targeting 2.18/2.30, reducing positions near 2.18, with a stop loss at 1.99. If 2.08 cannot hold, treat the rebound as bearish, targeting 1.96/1.92, with a stop loss at 2.12.

$ZEC

Referencing around 299, with a rapid decline from above 550 intraday, privacy coins’ previous strong narrative faced profit-taking and contract liquidation, with volatility significantly higher than mainstream assets. Support at 280/262, a break below 262 invalidates the short-term structure; only consider trying longs if the price re-stabilizes above 318, targeting 345/372, reducing positions near 345, with a stop loss at 292. If pressure continues below 318, look for short positions at 280/262, with a stop loss at 329; avoid heavy positions before confirmation.

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