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Today's Daily Edge

2026-06-05

BTC Price

$60,658

▼ -4.8% (24h)

H: $64,072L: $59,764

CME Futures Gaps

Week of May 31, 2026

All Filled
weekendWeekend May 29 → May 31

$73,318 – $73,838

Open: $73,838Close: $73,318
✓ Filled▲ Bullish
Size:$519(0.71%)
dailyMon Jun 1 Daily

$70,950 – $71,310

Open: $71,310Close: $70,950
✓ Filled▲ Bullish
Size:$360(0.51%)
dailyTue Jun 2 Daily

$66,285 – $67,467

Open: $66,285Close: $67,467
✓ Filled▼ Bearish
Size:$1,182(1.75%)
dailyWed Jun 3 Daily

$64,810 – $65,672

Open: $64,810Close: $65,672
✓ Filled▼ Bearish
Size:$862(1.31%)
dailyThu Jun 4 Daily

$63,233 – $63,674

Open: $63,674Close: $63,233
✓ Filled▲ Bullish
Size:$441(0.70%)
  • TREND STRUCTURE

    The market structure is bearish, with lower highs and lower lows. The recent break of structure occurred with a lower low at $60658. Momentum direction is downward.

  • INTEREST ZONES
    $60,823
    57.3M
    +0.3%

    $60,823 above current price, size 57.3M

    $60,941
    47.6M
    +0.5%

    $60,941 above current price, size 47.6M

    $61,473
    59.2M
    +1.3%

    $61,473 above current price, size 59.2M

    $64,366
    46.2M
    +6.1%

    $64,366 above current price, size 46.2M

    $64,544
    46.3M
    +6.4%

    $64,544 above current price, size 46.3M

    $60,658
    Analysis Price
    0.0%
    $59,820
    42.4M
    -1.4%

    $59,820 below current price, size 42.4M

    $59,701
    54.3M
    -1.6%

    $59,701 below current price, size 54.3M

    $59,642
    32.9M
    -1.7%

    $59,642 below current price, size 32.9M

    $59,583
    30.8M
    -1.8%

    $59,583 below current price, size 30.8M

    $59,524
    30.8M
    -1.9%

    $59,524 below current price, size 30.8M

    Above price Analysis Price Below price
  • Market Data
    • 🔴Net Buy/Sell Pressure: -13.059K — The negative CVD indicates aggressive selling pressure, which is bearish for the price.
    • 🔴Market Leverage Bias: -0.00715% — The negative funding rate indicates that shorts are paying longs, which is bearish.
    • 🟡Force-Exit Volume: $378.755K — The aggregated liquidations indicate a high level of liquidation activity, which can lead to a squeeze.
    • 🔴Liquidity Injection: -144.158 — The negative open interest delta indicates a decrease in open interest, which is bearish.
    • 🟢Order Flow Imbalance: +99.81% — The positive bid-ask delta indicates bid-side pressure, which is bullish, but may be a sign of absorption.
    • 🔴Smart Money Tracker: -19.85 — The negative whale index indicates that whales are selling, which is bearish.
    • 🟡Sentiment Heat: 12 — The extreme fear reading indicates a high level of fear in the market, which can lead to a reversal.
    • 🟡Momentum Velocity: 32.00 — The RSI reading indicates that the price is oversold, which can lead to a mean reversion.
    • 🔴Overall Bias: Bearish - The indicators suggest that the market is under bearish control, with aggressive selling pressure and a high level of liquidation activity.
  • REVERSAL RISK

    A reversal can occur if the price breaks above $60941, which would indicate a change in market structure. The confirmation level for a reversal is $60941.

  • MOST PROBABLE SCENARIO
    • ▶The most probable scenario is a continuation of the downward move, with a target of $59620. The price may also mean revert to $60941.
  • SHORT SETUP (lower probability)

    Entry

    $60,658

    Stop Loss

    $60,941

    Risk/Reward

    1:2

    Target 1

    $59,701

    Target 2

    $59,284

    Probability

    Low

    Confirmation: The short setup is based on the bearish market structure and the aggressive selling pressure.
  • LONG SETUP (higher probability)

    Entry

    $60,941

    Stop Loss

    $60,658

    Risk/Reward

    1:2

    Target 1

    $61,100

    Target 2

    $61,444

    Probability

    High

    Confirmation: The long setup is based on the oversold RSI reading and the positive bid-ask delta.
  • BEST TRADE RIGHT NOW

    The best trade right now is a short, based on the bearish market structure and the aggressive selling pressure, with a confirmation level of $60658

  • WHAT TO WATCH
    • •Bullish Confirmation: The levels to watch are $60941, $60658, and $59620. If the price breaks above $60941, it may indicate a reversal. If the price breaks below $59620, it may indicate a continuation of the downward move.
  • WYCKOFF PHASE
    X

    X — Extension / Markdown

    The current price of $60658 is in a downtrend, indicating a markdown phase. The confirmation/invalidation price level is $60941.

    📍 Action: Traders should be cautious of a potential short squeeze.

  • CME GAP ANALYSIS

    There is no CME gap data provided.

  • GEOPOLITICAL SITUATION

    The current geopolitical events, such as the US job growth blowing past forecasts, may lead to a rate hike, which can negatively affect the price of BTC. TRADE_JSON_START { "current_price": 60658, "overall_bias": "Bearish", "wyckoff_phase": "X", "oi_dominant_state": "SHORT_SQUEEZE", "liquidity_gravity": "down", "liquidity_gravity_pct": 57.3, "primary_liq_target": 59620, "funding_rate_bias": "shorts_paying", "long": { "entry": 60941, "target1": 61100, "target2": 61444, "stop": 60658, "rr": "1:2", "probability": "Lower" }, "short": { "entry": 60658, "target1": 59701, "target2": 59284, "stop": 60941, "rr": "1:2", "probability": "Higher" }, "best_trade": "short", "confirmation_level": 60658 } TRADE_JSON_END

⚠️ This analysis is for educational purposes only and does not constitute financial advice. Always do your own research before trading.