Bitcoin has reached the downside target set by Peter Brandt in February, but the veteran trader believes $BTC may still move lower before forming a tradable bottom. In one of his earlier forecasts, he predicted that Bitcoin could peak in the $300,000–500,000 range in 2029.
$NEAR stood out sharply against the backdrop of a weak crypto market. While the total capitalisation of digital assets fell by 3.7%, the Near Protocol token gained almost 20% over 24 hours and climbed to $2.75.
Bitcoin remains under significant pressure after a sharp decline that pushed the cryptocurrency below several major technical support levels. Although recent trading activity shows some stabilisation near local lows, the broader market structure continues to favour sellers. At the same time, rising derivatives activity and persistent exchange outflows create a more complex picture for investors assessing Bitcoin’s next move.
Solana ($SOL) continues to face growing pressure as sellers maintain control of the market following a sharp decline from recent highs. The cryptocurrency is now trading near $68.5 after losing several important support levels that had previously helped stabilise price action. Market participants remain cautious, as weakening sentiment, declining capital flows and a fragile technical structure point to continued downside risks.
$XRP is trading at $1.1736 on 4 June, entering the macro support zone that EGRAG Crypto calls the most important structural decision point of the current cycle, as June is opening below both the 50 EMA and the white macro trendline for the first time in many years.
Bitcoin has once again become the focus of market attention after prediction markets began assigning nearly even odds that the cryptocurrency could fall below $50,000 before the end of 2026.
Ethereum continues to trade under pressure as investors assess whether the recent decline has reached exhaustion or if another wave of selling lies ahead. The second-largest cryptocurrency is struggling to regain momentum after a sharp drop from higher levels, prompting traders to focus on a key support zone that could determine the market’s next major move.
Prediction market traders are increasingly betting that Bitcoin’s correction is far from over, even after the cryptocurrency dropped to around $65,000 this week amid growing pressure from ETF outflows and weakening institutional demand.
Cardano continues to face significant pressure this week as weak market structure, declining derivatives activity, and uncertainty within the ecosystem have heavily weighed on market sentiment. ADA was trading near $0.216 after another failed recovery attempt, while traders monitored growing concerns surrounding the potential shutdown of the Cardano analytics platform TapTools.
The leading cryptocurrency, Bitcoin ($BTC), has fallen below $70,000 following a downward trend over recent weeks and yesterday's sell-off by institutional investors. As BTC dropped below $70,000 for the first time since April, the percentage of investors holding their coins at a loss also increased.
Ethereum was trading at $1,977 on June 1, entering its historically worst calendar month below the $2,000 level for the first time since 2023. At the same time, the monthly chart shows the CRT candle range low at $1,750, while the lower daily Bollinger Band sits at $1,936.
The close of XRP's May monthly candle has officially shattered investor optimism, creating a classic bearish setup just as summer begins. The technical compression of Bollinger Bands on XRP's higher time frames on TradingView, combined with on-chain data, suggests that the token's price risks falling below the psychological $1 level in the coming weeks.
On May 31, 2026, Bitcoin traded near $73,840, stuck in a narrow range between $73,412 and $74,110, as technical indicators signalled bearish pressure and institutional players moved in opposite directions. Amid rising stablecoin dominance, Tether burning more than $1 billion within 24 hours, and BlackRock selling $2.1 billion worth of Bitcoin over the past ten days, traders are watching several key levels to determine whether the next move will be a recovery or a drop toward $70,000.
Bitcoin continues to trade under pressure after losing momentum near the key $80,000 resistance region. The leading cryptocurrency is now holding around $73,500, reflecting growing uncertainty across the broader market. Traders remain cautious as Bitcoin struggles below major moving averages, while derivatives data and spot market activity point to weakening bullish confidence.
$XRP is trading at $1.3184 on May 29, moving toward the lower half of the weekly candle range after two attempts to break above $1.59. Both attempts failed, pushing the CRT setup toward the $1.15 range low as the next logical target.
$XRP traders are warning that one more sharp drop may occur before a real bullish move begins. Several $XRP analysts on X pointed to rising risks as $XRP continues to struggle below key resistance levels in the $1.30–$1.40 zone.
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