Crypto Market Analysis – June 3rd A bullish bounce is forming, but this is a second bottom test, not a trend reversal just yet. Key Strategy: The downtrend hasn't reversed. Stay patient. 1. BTC and major alts – bottom fishing depends on your risk appetite Entry: 65,222 / 64,000 Stop Loss: 65,221 / 63,999 Take Profit: 88,000 2. ETH and major alts Entry: 1,700 Stop Loss: 1,699 Take Profit: 4,999 Both BTC and ETH are building a final bearish consolidation zone. A sharp drop will likely trigger a bounce. But remember – this is a bounce, not a reversal. We need a proper consolidation zone, then a second bottom test before any real uptrend can begin. So don't rush to catch the falling knife. Let the process play out. Take profits on any bounces and wait for the next clear entry. Key support remains around 65,000. Yesterday's low was 65,426 – not deep enough to mark a trend end. We need to see that level broken again. Here are the three critical steps for a successful bottom catch: 1. Watch daily charts for fresh lower lows. 2. Key bottoms should form at round numbers. 3. Look for a divergence bottom on the 12-hour timeframe. None of these conditions are met yet. For short-term trades, buy low and sell fast. If BTC drops but alts don't follow, hold your shorts. If this helps, give it a like and follow Qiang. All views are personal. Not financial advice. Always DYOR.