June 7, 2026, 20:00

The market has recovered technically after a sharp decline, with Bitcoin returning to around 62,590. The intraday high is 62,839, and the low is 60,420; last week, approximately $390 billion in market value evaporated, and leverage liquidations approached $7 billion. Strong employment data suppressed rate cut expectations. Liquidity was restored over the weekend, but risk appetite remains weak. The contract positions are initially treated as oscillations during the rebound.

$BNB

Referencing around 593, the intraday high is 597.7, and the low is 571.4. The rebound is stronger than the broader market, but the 600 level still faces short-term selling pressure. Support levels are at 588/580. Falling below 580 invalidates the bullish structure; only if the 15-minute candlestick stabilizes above 598 should we consider going long, targeting 606/618. Reduce positions near 606, with a stop loss at 587. If 598 cannot hold and prices fall back below 588, look for short positions at 580/572, with a stop loss at 601.

$OP

Referencing around 0.0963, the intraday high is 0.0974, and the low is 0.0926. This is a narrow-range correction at a low level, making chasing gains less cost-effective. Support levels are at 0.0950/0.0925. Falling below 0.0925 indicates further weakening; only if volume increases and it stabilizes above 0.0980 should we go long, targeting 0.1010/0.1050. Reduce positions near 0.1010, with a stop loss at 0.0948. If 0.0980 is resisted and prices fall below 0.0950, look for short positions at 0.0925/0.0900, with a stop loss at 0.0990.

$NEAR

Referencing around 1.92, the intraday high is 1.95, and the low is 1.82. This is a short-term rebound from a low but still within the weekly weak trend. Support levels are at 1.89/1.82. Falling below 1.82 results in a failed rebound; only if it stabilizes above 1.96 should we consider going long, targeting 2.03/2.12. Reduce positions near 2.03, with a stop loss at 1.88. If volume before 1.96 is insufficient and prices fall below 1.89, consider short positions with targets at 1.82/1.76, and a stop loss at 1.98.

This is only a personal trading note and does not constitute investment advice.