Aaron Dishner|Jun 08, 2026 03:13
Bitcoin attempted a bounce on Sunday, wicking 5.8% up to 64,234, but the move stalled directly at the TBO line that flipped from support to resistance after Friday's break below 60,000. In today's update, I explain why this still looks more like a dead cat bounce than a real reversal: Friday's 3.3 billion volume was far below the capitulation levels I want to see at prior cycle lows, Sunday did not print a bullish engulfing candle, and the same daily RSI reset pattern showed up on May 30th at 73K right before a 20% collapse followed.
I also walk through the TradFi pressure that hit markets on Friday, including the DXY surge, S&P futures down 2.9%, the VIX spiking 39%, and gold dropping 3.3% in the same session. The Japanese yen is drifting back toward dangerous territory near 160.34, the Nikkei opened Monday already down 3.7%, and stablecoin dominance nearly tagged 13% before pulling back on the Sunday bounce. If stablecoin dominance and BTC dominance both keep pushing higher, I expect others dominance and alts to take the bigger hit.
I finish with a full coin review across my picks list, including BIAN, RAVE, XRP, HYPE, LINK, ZEC, BEAT, TAU, SIREN, DEXE, INJ, and PIPPIN, followed by bearish reads on SOL, ADA, SUI, PEPE, APT, ARB, BONK, CHZ, TON, NEAR, TRUMP, and VVV. Viewer picks include AKT, ENA, WLD, KAS, SUPRA, and CRO, with stock coverage wrapping on PFGC, TWST, Nokia, DSX, ARM, CRM, MOD, NASA, CEPT, and RDW.
CHAPTER MARKERS
00:00 BTC dead cat bounce and TBO resistance
03:24 Daily RSI reset and what it actually signals
06:44 Dead cat bounce explained and BTC downside targets
12:08 Ethereum and stablecoin dominance breakdown
16:11 TradFi: DXY, Euro, Yen, S&P Futures, VIX
19:09 Oil, Nikkei, Gold, Silver, Platinum, and Uranium
27:59 Aaron's picks: BIAN, RAVE, XRP, HYPE, LINK, ZEC
33:48 BEAT, TAU, SIREN, DEXE, INJ, and PIPPIN
37:30 Bearish alts: SOL, ADA, SUI, PEPE, APT, ARB, BONK, CHZ
40:17 TON, NEAR, TRUMP, VIRTUALS, and VVV
43:38 Viewer picks: AKT, ENA, WLD, KAS, SUPRA, CRO
45:55 Stock picks: PFGC, TWST, Nokia, DSX, ARM, CRM, MOD, NASA, CEPT, RDW(Aaron Dishner)
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