June Opens With Caution: Watch for a Second Dip

KTX
KTX
  • Updated

 

As June begins, the market has not yet shown a clear reversal signal. The author views Bitcoin as still being in a correction phase after the May monthly close, with short-term momentum remaining weak. Occasional rebounds may be repair moves inside a broader pullback rather than confirmation of a new uptrend.

The near-term watchlist is straightforward: whether BTC can break through the 74,300 resistance area, whether support around 72,436 remains valid, and whether ETH can reclaim and hold its key round-number levels.

The author's main scenario is conditional. If the market completes a pullback early in June, the second half of the month may have a better chance of producing a healthier rebound. If the market instead forces another early rally, traders should stay alert to the risk of a deeper second dip later.

The trading stance remains cautious. Until the trend clearly turns, position control matters more than chasing opportunities. In a choppy market, frequent momentum chasing can easily mean paying for other people's emotions.

What to watch next:

  • Whether BTC can hold the 72K area
  • Whether ETH can maintain its current structure without breaking down
  • Whether market volume continues to contract

 

 

Opportunities will always come back. Capital does not. When the direction is unclear, patience itself is a trading strategy.

 

 

Risk note: This is a community market view only, not investment advice. DYOR.

 

 

Original author: 币圈Peter🔶BNB🔶OP_CAT

X / Twitter: @zheyiguanjsn

Original post: https://x.com/zheyiguanjsn/status/2061425246159372690

 

 

 

KTX Team

2026-6-4

 

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