Bear market pattern

In the past two days, multiple negative news simultaneously detonated the cryptocurrency market, with Bitcoin's spot ETF in the United States experiencing a net outflow of $519 million in a single day on June 2, with BlackRock being the main seller.

The article is sent with a delay, personal opinion only for reference, do not operate blindly!

The rebound in the morning was merely a weak correction triggered by short sellers taking profits. The sentiment to short remains, and after a brief uptick, it is likely to continue downward.

On June 4, 2026, Bitcoin continued its recent downward trend, with a decline of 4.7% within 24 hours and a cumulative drop of over 13% for the week, shrinking its market value to 1.27 trillion dollars. This round of adjustment has once again plunged the market into a "bottom battle": Is BTC done? Or is the cyclical bear market still ongoing?

Bitcoin spot bottom buying!

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6.4 BTC/ETH Market Opinion:

The expectation of interest rate hikes has returned, ETFs are continuously bleeding, geopolitical risks are escalating, and regulations are tightening... The cryptocurrency market is facing one of the most complicated bearish resonances in recent years. This time, the problem may not be just

As of the time of writing, HYPE has a market capitalization of approximately 18.488 billion US dollars, ranking ninth in global crypto assets, with a 24-hour trading volume maintained at around 6.29 billion US dollars. The platform, as a Layer 1 decentralized perpetual contract trading venue, is highly favored by institutions for its derivative liquidity.

The rebound can be seen as bearish.

The article was just published, and market arbitrage profits have once again upgraded! Binance officially released the latest announcement, stating that it has officially launched a limited-time discount on stock and ETF trading fees, with platform fees being directly “halved” across the board!

The main capital has left the market without support, leading to exhaustion of buying pressure and continuous selling pressure being released. BTC has initially broken down, and other cryptocurrencies are following suit in selling.