IamKo

$BTC Order book 12 hours
Changes quite often, so you can keep an eye on it yourself on TRDR

Santiment

Bitcoin has dropped ~18% from the end of May peak ($78k → ~$63.8k). The decline is widespread. Sentiment analysis (Santiment MCP + Claude):
📉 $BTC : $78k → ~$63.8k (-18%), with most of the drop happening over 3 days.
📊 At the highs, sentiment was positive: +456 (May 22), historical optimism.
🪫 As the price fell, sentiment plummeted: -160 (June 1), bottomed out at -164 (June 3), historical pessimism.
🧭 The crowd was bullish at the peaks and bearish at the troughs. Sentiment followed the price rather than leading it. This isn't a timing tool. The peak of bullish sentiment at the top and peak of bearish sentiment at the bottom is the opposite of when conviction brings profits.

Saylor is calling out the bearish narrative on Bitcoin, saying that the $400 billion hype around AI has drained crypto capital.

This has been talked about since day one.

Market in the moment

Our bear $BTC has been predicting this drop since May 9.

Right now, there could be a bull trap on the news that the US House of Representatives has passed a resolution requiring the president to pull American troops out of the Middle East..

But first of all, it needs Senate approval to take effect, and secondly, Trump could drop a veto on this resolution 💩.

So, I suspect we might see a bull trap.

Overall, based on fundamental factors, the downward movement shouldn't change drastically for now.

$BTC 4 hour liquidation charts on BTC, today we hit a massive cluster, only 1 left below, under 59,000.

$BTC 1w

On the weekly chart, if the price breaks through 59,800, there's a high likelihood this scenario plays out.

$BTC h6

Bitcoin leaves the last option for growth from the current levels based on the wave structure 1-2, which is becoming less believable as the price tanked hard last night. This is a rise from the current levels, but conditions need to form on the chart. I'm not an optimist; I work with the structure. Currently, there are no conditions for buys. They didn't break 59,800; maybe the ones who bought it back in February prevented that, but that's not our concern. For growth, a clear technical picture needs to emerge. That's what we'll be working on.

If they push past 59,800, we can forget about the bullish structure and say it's a red count, but we will have a correction to the entire downward wave, and we can look for our longs there as well.

Overall, I'm not for shorts right now; I'm looking to find a good setup for a rebound upwards.

🤑If we close the daily candle below 62,500 $ , the current order block will become a breaker block for us, and that's a good thing.
If we bounce back into this zone, we can stack more; the price shouldn't break above this range, but of course, that's only if we get that closure, as I mentioned at the start.

Three major US stock indices closed down today.
- S&P 500: -0.74%
- Nasdaq: -0.89%
- Dow Jones: -1.21%

Whales are buying $JTO 🐳 ❇️
Last price: 0.629 (-7.932%)
24-hour volume: 6.70 million USDT
Rating: 7/10 | Risk: 10/10

Whales are buying #PUMP 🐳 ❇️
Last price: 0.001768 (-1.249%)
24-hour volume: 13.54 million USDT
Rating: 5/10 | Risk: 2/10

Whales are picking up $PUMP 🐳 ❇️
Last price: 0.00177 (-1.249%)
24-hour volume: 13.54 million USDT
Rating: 7/10 | Risk: 2/10

News Summary:

🇺🇸❗️USA — ADP NonFarm Payrolls (May) — better than expected — 122k vs 118k.

🇺🇸❗️USA — Services PMI (May) — worse than expected — drop from 50.9 to 50.7 — expected to hold at 50.9.

🇺🇸🛢USA — EIA Crude Oil Inventories – decrease of 7.974 million vs expected drop of 2.900 million.

🌎 Geopolitics

➖No significant statements made.

Our bear hasn't missed a beat yet. First screenshot was on May 13th, second one today $BTC

🗄Fresh statistical projection for movement $BTC over the next 6 months — weekly candlestick chart

➖Like any projection, it changes based on the current price action

➖Don't trade based on it, but it helps visualize the projection from a statistical standpoint

➖The projection still indicates a potential deeper dip before a surge towards $100,000. This hints that caution is key when accumulating BTC.

🗄Zones where $BTC #Bitcoin might bounce/correct or reverse.

➖The red line marks a level that, once reached, will indicate a break of the current zone and trigger the next one into play.

➖These aren't signals, but within these zones, you can look for trade setups. Use the red lines as a guide for your stop loss.

➖Prices have hit the first bounce zone. Here, it's interesting to look for buys.

The era of airdrops is over: the focus is shifting to performance-based models (Delphi Digital) 📉🔄. The strategy of attracting users through airdrops has run its course: 78–94% of recipients sold their tokens within 90 days. The successes of Hyperliquid ($HYPER ) and Jito ($JTO ) are not tied to airdrops: HYPE offset the sell-offs with buybacks exceeding $1 billion, while JTO avoided farming thanks to a targeted audience. Tokenomics is evolving towards real performance: MegaETH (MEGA) has tied 53% of its supply to efficiency targets, and Pendle ($PENDLE ) is directing 80% of revenues towards buybacks for stakers. Token distribution is transitioning from airdrops to performance-based models 🚀.

Peter Schiff warns that $BTC could dip below $20,000 if it can't hold the $50,000 level.

$BTC 1

By the way, since May 29th, CME has kicked off 24/7 trading, but Bitcoin is a champ and cleared its old debt at the current levels.

We're above at 75,000.