Morning Minute: Crypto Crashes, New Lows In Sight
June 4, 2026
Short-term momentum of Dogecoin swayed in favour of market bulls.
Current pullback might fall below $0.466, but the trend remains bullish.
Traders are in a tough spot, caught between the strong upward momentum and the potential of a longer-term downtrend.
Traders can use the short-term breakout and upward momentum to buy but should also remember to take profits.
Bitcoin's bear market has not ended, but what does that mean for Cardano?
A daily session close above $486 would invalidate the bearish Bitcoin Cash bias. This has not yet occurred.
Solan's new address growth has slowed down since February as SOL prices have settled into a range.
Bitcoin's demand was not enough to conclude that the market would soon see a growth phase or a sustained uptrend.
Dogecoin has rallied over the past month after valiantly defending $0.088 following February's crash.
The Bitcoin momentum and narrative strength around sectors such as AI has helped ICP post substantial gains recently.
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