hodler

4 Jun 2026, 11:30

Bloodbath For Bulls: $623 Million In Bitcoin Longs Liquidated

Bitcoin’s 200-week moving average, sitting at around $61,700, is the line the market is watching most closely right now. That level has marked the bottom of every major Bitcoin bear cycle going back to 2015, and it held again this week — at least for now. Related Reading: XRP Already Powers Real Banking Activity, Says Evernorth, With More Growth Expected A Classic Bottom Signal — Or Just A Pause? The selloff dragged Bitcoin down to around $61,300 before buyers pushed the price back up past $64,750, a recovery of more than 5%. Reports say the rebound came alongside news that Israel and Lebanon had agreed to a ceasefire, though the price action itself was already being shaped by a massive liquidation event. Over $740 million in BTC positions were wiped out in a 24-hour window, according to data from CoinGlass. Long traders took the bulk of the hit, with more than $623 million in bullish bets liquidated as the price fell. Bear Flag Still Looms Bitcoin’s weekly chart shows a bear flag breakdown still in progress. The pattern points to a potential drop into the $50,000–$52,000 range, and the setup has gained weight from rising trading volumes on the downside move. BTC has so far failed to reclaim the upper trend line of the flag. That failure keeps the bearish scenario technically intact, even after Thursday’s bounce. Some traders are reading the move differently. Analyst ZordXBT pointed to the long lower wick on Bitcoin’s candle as a sign that buyers came in hard near the lows. Trader RidaaXBT called for a short-term relief bounce toward the $69,000–$70,000 range, arguing that the liquidation wave may have cleared out enough near-term selling pressure to allow a recovery. $BTC Just like that, BTC dumped to the 61k level, which is most likely the local bottom for now. Expecting a relief bounce from here, with a potential move back toward the 69k–70k region. https://t.co/q5VGRG2Id1 pic.twitter.com/83U7H7Phog — Ridaa (@RidaaXBT) June 4, 2026 Not Everyone Is Convinced Not all market watchers are buying the optimism. Trader Hitman42.eth warned that bulls may be walking into a trap, suggesting the bounce could lure in new long positions before another leg down. everyone cheering this $3k bitcoin:native bounce is completely ignoring the graveyard they just walked over. $600m in longs just got vaporized in 60 minutes flat. we tapped $61k right above the february lows and bounced. catching a falling knife after a structural flush is… pic.twitter.com/5QpE8Vv8Rc — hitman42.eth (@ihitman42) June 4, 2026 The 200-week moving average remains the key dividing line. As long as BTC holds above $61,700, the bear flag breakdown is not confirmed. A convincing recovery from that level would put $70,000 back in play as the next meaningful price target. Related Reading: Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom Bitcoin has tested the 200-week average at major lows before — in 2018 and again during the March 2020 crash — and bounced sharply each time. Whether this week’s touch of that level marks a similar turning point, or just a brief pause before a deeper drop, remains an open question. Featured image from Gemini, chart from TradingView

4 Jun 2026, 11:29

DOGE falls over 87% from its all time high! What are the technical upgrades revealing for investors?

🚀 DOGE plummets over 87% from its all time high in 2021. 📊 In 2026, huge technical upgrades are underway for both $DOGE and SHIB. 🔒 Shiba Inu is rolling out cutting edge privacy features after recent security breaches. Continue Reading: DOGE falls over 87% from its all time high! What are the technical upgrades revealing for investors? The post DOGE falls over 87% from its all time high! What are the technical upgrades revealing for investors? appeared first on COINTURK NEWS .

4 Jun 2026, 11:29

Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons

Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, announced on June 4 that he has exited his entire positions in both Hyperliquid’s HYPE token and NEAR Protocol — reversing two of his most publicly stated high-conviction long calls — citing five macro and geopolitical factors he believes will weigh on risk assets between now and early Q3 2026. Related Reading: Smart Money Keeps Buying HYPE Despite Rising Market Fear – Price Holds Above $70 Level The exit marks a significant about-face for Hayes, who had publicly identified HYPE as one of his two largest positions outside Bitcoin earlier this year — alongside ZCash — with a stated price target of $150 by August 2026, per reporting of his Consensus Miami remarks. HYPE had already delivered returns well above his entry price following a 55% weekly surge that pushed the token above $56 before analyst Ali Martinez flagged an overheated technical setup at the $59–$60 resistance zone. Hayes, it appears, agreed with the diagnosis. HYPE's price records important losses on the daily chart. Source: HYPEUSD on Tradingview The Five Reasons He Cited In the X post, Hayes offered a five-point TLDR ahead of a full essay titled “Reality Test,” which he said will drop on Tuesday. The reasons are specific and macro-driven rather than project-specific — a signal that the exit is a portfolio-level risk management decision rather than a loss of conviction in either HYPE or NEAR as assets. The first factor is higher energy prices driven by the ongoing Iran war and inventory restocking — a dynamic Hayes has consistently flagged as a macro headwind for risk assets throughout 2026. The second is the pipeline of three mega AI initial public offerings he anticipates between now and early Q3, which he expects will absorb significant institutional risk capital that might otherwise flow into crypto. The third is a prediction that President Trump will pivot to an anti-AI political stance ahead of the midterm elections — a move Hayes believes would be used to win Republican seats and could create further uncertainty for technology-adjacent risk assets. The fourth is a broader view that market highs across asset classes will occur between now and September — implying the risk-reward of holding leveraged positions into that window is unfavorable. The fifth is personal: Hayes said he wants to take profit and enjoy what he called a “two-step in beefa” — a reference to time in Ibiza — without the psychological weight of open positions. What The Exit Signals For HYPE The position reversal arrives at a technically sensitive moment for HYPE. The token had delivered 130% in year-to-date returns at the time Ali Martinez flagged the TD Sequential sell signal and overbought RSI at the $59–$60 resistance zone — the same area Hayes appears to have used as his exit window. With one of the most prominent public bulls now fully out, the near-term price action for HYPE will depend heavily on whether the institutional demand documented in Hyperliquid’s Q1 2026 report — $215 million in gross revenue, 71.5 percentage points of alpha over Bitcoin, four HYPE ETF filings from Grayscale, VanEck, 21Shares, and Bitwise — provides sufficient structural support to absorb the sentiment impact of Hayes’ public exit. Related Reading: XRP Price To See Violent Discontinuous Repricing And $10 Could Only Be The Start Hayes was clear that the exit is tactical rather than fundamental. A full explanation of his reasoning will arrive in Tuesday’s essay — and given his track record of macro calls, the crypto market will be reading every word. Cover image from Grok, HYPEUSD chart from Tradingview

4 Jun 2026, 11:24

Crypto market loses over $2T from peak

More on cryptocurrency Bitcoin Potential Near-Term Bullish Reversal Emerging From The Sub-$70K Plunge Market Brief: What Is Strategy Afraid Of? The 'Never Sell' Myth Shattered Bitcoin Breaks Below $70,000 As Sell-Off Continues Crypto stocks retreat as Bitcoin extends five-day losing streak Bitcoin lags equities as ETF outflows mount; Strategy challenges 'Never Sell' narrative

4 Jun 2026, 11:24

Gold Hits 27% Of Global Reserves As Dollar Falls 99% In 55 Years

Gold has overtaken US Treasuries as the largest component of global central bank official reserves for the first time in decades, according to the European Central Bank’s latest report on the international role of the euro. The shift marks a major change in how central banks are thinking about safety, liquidity, and sovereign risk. Gold is no longer just a defensive asset sitting in the background of reserve portfolios. It has moved ahead of US government debt at a time when geopolitical tensions, sanctions risk, and questions about dollar dependence are reshaping global reserve strategy. Gold Replaces Treasuries At The Top Of Official Reserves According to the ECB’s June 2026 report , gold accounted for 27% of total global official reserves by the end of 2025, up from 20% a year earlier. Over the same period, the share of US Treasuries declined from 25% to 22%. That does not mean the dollar has lost its overall lead. Dollar-denominated assets still account for about 42% of global reserves, while the euro accounts for roughly 15% to 16%. But the ranking inside reserve portfolios has changed in an important way: gold has now overtaken US Treasuries. The move is significant because Treasuries have long been treated as the core safe asset for central banks. They are liquid, deep, and backed by the world’s largest economy. Gold is different. It pays no yield, can be costly to store, and its price can be volatile. Yet central banks are still holding more of it in value terms. Part of the shift reflects the sharp rise in gold prices. As gold rallied, the value of existing central bank gold reserves increased. But the broader message is still hard to ignore: central banks have been rebuilding their exposure to gold after years of treating it as a secondary reserve asset. In practical terms, this shows that central banks are not abandoning the dollar overnight. Instead, they are diversifying away from full reliance on dollar-based instruments and placing more weight on assets that do not depend on another government’s credit or payment system. Why Central Banks Are Turning Back To Gold The longer-term picture is even more striking. Incrementum AG, using LSEG data, showed how major currencies have lost value against gold since August 1971, when the United States suspended dollar convertibility into gold under the Bretton Woods system. Since then, the US dollar has lost about 99.24% of its value in gold terms. The British pound has performed even worse, losing around 99.57%. A hypothetical euro would have lost roughly 99.08% of its gold value over the same period. The Japanese yen and Swiss franc have also depreciated significantly against gold. That comparison does not mean currencies are useless. Modern economies still need flexible money, liquid bond markets, and central bank policy tools. But it does show why gold keeps returning to the center of reserve debates whenever confidence in fiat currencies, debt sustainability, or geopolitical stability comes under pressure. For central banks, gold has one feature that bonds and currencies do not have: it is not anyone else’s liability. A Treasury bond depends on the US government. A euro reserve depends on the euro area. A bank deposit depends on the banking system. Gold sits outside that chain. That is why the latest reserve shift is about more than price performance. It reflects a changing view of political risk. After years of sanctions, frozen assets, trade fragmentation, and rising geopolitical competition, gold has become a form of sovereign neutrality. The 1970s Parallel Looks Familiar But The Driver Is Different The current shift has echoes of the 1970s. Back then, gold’s share of official reserves rose sharply after the collapse of Bretton Woods and the inflation shock that followed. CEIC data show that gold’s share rose from about 33% to 60% over the decade. The shift back toward Treasuries came later, especially in the 1980s, when Paul Volcker’s Federal Reserve brought inflation under control and made dollar bonds attractive again. High real yields helped restore confidence in US fixed income. Today’s environment is different. Inflation matters, but it is not the only driver. The bigger force appears to be geopolitical fragmentation. Central banks are not simply looking for yield. They are looking for assets that can survive a more divided world. That makes the current gold trend harder to reverse with interest rates alone. If the main concern were inflation, higher yields could pull reserves back toward bonds. But if the concern is sovereignty, sanctions risk, and dependence on another country’s financial infrastructure, gold offers something Treasuries cannot. The ECB’s data confirms that dollar assets still dominate global reserves. But gold’s rise above US Treasuries shows that the architecture of reserve management is changing. Central banks are not just chasing returns. They are rethinking what safety means.

4 Jun 2026, 11:20

Spot CVD Chart Analysis for BTC/USDT: Volume Heatmap and Cumulative Delta Insights (June 4, 11:00 UTC)

BitcoinWorld Spot CVD Chart Analysis for BTC/USDT: Volume Heatmap and Cumulative Delta Insights (June 4, 11:00 UTC) At 11:00 a.m. UTC on June 4, the Spot Cumulative Volume Delta (CVD) chart for the BTC/USDT trading pair provides traders with a detailed view of order book dynamics, combining a Volume Heatmap with real-time buy and sell pressure data. This analysis helps identify potential support and resistance levels based on trading activity at specific price points. Understanding the Volume Heatmap The top section of the chart displays a Volume Heatmap, which tracks trading volume across various price levels. The background color intensity increases when the price either remains within a specific range for an extended period or undergoes a significant move. These brighter areas often indicate zones where the market has shown strong interest, potentially acting as support or resistance in future price action. Traders use this visual cue to anticipate where the price might stall or reverse. Cumulative Volume Delta (CVD) Indicator The bottom section of the chart features the Cumulative Volume Delta (CVD), which categorizes buy and sell orders by size. As buy orders for a specific size increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million. This breakdown allows traders to monitor the activity of different market participants, from retail traders to institutional players, and gauge the strength of buying or selling pressure at a glance. Implications for Traders By combining the Volume Heatmap with the CVD, traders can assess whether price movements are supported by genuine volume and order flow. A price increase accompanied by rising CVD lines for larger order sizes suggests strong institutional buying, while a price drop with falling CVD may indicate weakness. Conversely, divergence between price and CVD can signal potential reversals. This chart is particularly useful for intraday traders looking to time entries and exits based on real-time market microstructure. Conclusion The Spot CVD chart for BTC/USDT at 11:00 UTC on June 4 offers a granular look at market dynamics, highlighting key price levels through volume activity and order flow analysis. Traders should monitor these indicators alongside broader market trends to make informed decisions. As always, no single indicator guarantees future performance, and risk management remains essential. FAQs Q1: What is the Spot CVD chart used for? The Spot CVD chart helps traders analyze order book dynamics by showing trading volume at specific price levels (Volume Heatmap) and the cumulative volume of buy and sell orders categorized by size (CVD). It is used to identify potential support/resistance zones and gauge buying or selling pressure. Q2: How does the Volume Heatmap indicate support or resistance? Brighter areas on the Volume Heatmap indicate where the price has spent more time or experienced significant moves, suggesting strong market interest. These zones often act as support (price floor) or resistance (price ceiling) in future trading. Q3: What do the different colored lines in the CVD represent? Each colored line in the CVD represents buy and sell orders of a specific size range. For example, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million. Rising lines indicate increased buying activity for that order size. This post Spot CVD Chart Analysis for BTC/USDT: Volume Heatmap and Cumulative Delta Insights (June 4, 11:00 UTC) first appeared on BitcoinWorld .