This Thursday, June 4, 2026, Bitcoin continues its slide to $64,022, losing -3.9% on the day. Ether follows at $1,811, down -2.4%. The weekly loss reaches -13.9% for Bitcoin, one of the worst monthly performances. Volumes remain high, but a slight slowdown in selling suggests a possible exhaustion of the panic.
This fourth consecutive day of decline comes amid widespread capitulation. Traditional markets are also struggling, with the Nasdaq down 2% on the week. Bitcoin is now testing the $64,000 support level, which had served as resistance in April. Ether, below $1,850, shows persistent weakness. On-chain data indicates an increase in transfers to exchanges, signaling that long-term holders are starting to sell — a rare phenomenon that adds to the pressure.
For observers, this Thursday could mark an inflection point. If Bitcoin holds at $64,000, a technical rebound is possible, but fundamentals remain fragile. The week is shaping up to be the worst since March 2025, and investor confidence is shaken. The coming days will be decisive: either the market finds a floor, or a new wave of selling drives it toward $60,000. In the meantime, caution is key, and defensive strategies dominate.
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