June 7, 2026, 12:00



The rebound after the sharp decline has not yet turned into a trend reversal. Bitcoin futures are referencing around 61,650, with a 24-hour high of 61,763 and a low of 59,451. Hawkish rate expectations following strong employment data, ETF outflows, and large leverage liquidations are still weighing on risk appetite; but the 1-hour candlestick has recovered from below 60,000, indicating a short-term low-level oscillation rebound, not suitable for full-position chasing.

$BTC

Referencing around 61,650, support at 61,200/60,600. A break below 60,600 invalidates the rebound; only if it retraces to 61,200 without breaking below, or if it volume-stands at 61,800, consider light long positions, targeting 62,350/63,100. Reduce positions near 62,350, with a stop loss at 60,750. If it spikes above 61,800 and then falls back and breaks below 61,200, look for short positions at 60,600/60,000, with a stop loss at 61,950.

$SEI

Referencing around 0.04838, with a 24-hour high of 0.04864 and a low of 0.04441. The 15-minute candlestick has lifted above 0.0478, indicating a rebound where buyers are willing to absorb volatility. Support at 0.0478/0.0469. Breaking below 0.0469 weakens the structure; only if it stabilizes above 0.0486 consider going long, targeting 0.0496/0.0510. Reduce positions near 0.0496, with a stop loss at 0.0474. If it fails to hold above 0.0486 and falls back below 0.0478, look for lower support at 0.0469/0.0462, with a stop loss at 0.0489.

$PENDLE

Referencing around 1.246, with a 24-hour high of 1.2537 and a low of 1.1481. The low-level rebound is significant, but there is continuous selling pressure above 1.25, so wait for confirmation before chasing higher. Support at 1.238/1.214. Breaking below 1.214 invalidates the bullish structure; only if it stabilizes above 1.254 on the 1-hour chart consider going long, targeting 1.276/1.305. Reduce positions near 1.276, with a stop loss at 1.232. If 1.254 continues to suppress, and it breaks below 1.238, consider short positions targeting 1.214/1.190, with a stop loss at 1.258.

This is only a personal trading note and does not constitute investment advice.
BTC-0.13%
SEI-0.5%
PENDLE0.71%
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