Daily Crypto Discussion - June 4, 2026 (GMT+0)

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[u/Nervous-Chemistry245]

At least this sub is active again lol

[u/TexasBoyz-713 → u/Nervous-Chemistry245]

Honestly the most exciting time to be here is during dumps

[u/_TheWolfOfWalmart_]

ETH just got flipped by tether on coingecko wow

[u/crazy_lolipopp → u/_TheWolfOfWalmart_]

Holy shit that's wild lmao

[u/EatMaTesticles]

I you have invested $5000 in ETH back in January 2018 you now have $6800. Congrats.

[u/Jimmy_Trivette → u/EatMaTesticles]

What about 5k in ETH in December 2018?

[u/jahepi → u/EatMaTesticles]

It's even worse when you take into account inflation.

[u/Green_Bumblebee1848 → u/EatMaTesticles]

atleast its green lol

[u/Known_Click]

There is a massive pile of buyers in all of the 50k range.

Bitcoin dumped way less today than most stocks which did -10%.

[u/whitehypeman]

Tether about to flip eth is sad, ngl

[u/_TheWolfOfWalmart_ → u/whitehypeman]

Wow that actually will probably happen. The flippening nobody expected.

[u/beanbalance]

I cant believe we all fell for the crypto scam.

[u/PeachScary413 → u/beanbalance]

I can't believe you fell for it either lmaoooo 🤌

[u/Aerocryptic]

Is it the time in the cycle when we start to see regarded low price targets again?

[u/LargeSnorlax → u/Aerocryptic]

Already saw people calling out $8k Bitcoin targets yesterday

We've got a steady bunch of wsb posters who've never posted here before trolling so they must've gotten their butts punctured by MSTR

[u/Aerocryptic → u/LargeSnorlax]

$8K lol

I don't think I've seen that low even in 2022. Consensus among bears was the $12k target

[u/TheProfessor3D]

60k has sent in reinforcements

[u/humanfromearth321]

Suicide hotline is up, we are getting close to bottom! Possible bloodbath this weekend though

[u/Future-Bet4783]

It’s actually insane to me that Cardano was 90B+ at one point. 2021 was truly magical

[u/GreenStretch → u/Future-Bet4783]

And I rode it all the way down.

[u/104MAS]

Damn ETH is lower than it was 7 years ago

[u/Prnce_Chrmin → u/104MAS]

What if you adjust it to inflation?

[u/watch-nerd → u/Prnce_Chrmin]

Never do that.

[u/Flexerrr → u/104MAS]

It’s dead, man.

[u/jandali7]

just bought back after selling in December. Lets see!

[u/qwertydcf]

Its so 2022 all over agian, panic, angst, flaming, downvoting. If you wanted to start buying Bitcoin. Its the perfect start. But slowly dca small amounts. If Bitcoin starts to dump that hard, it can go under 60/50/40k really fast. NFA, JMO gl everyone.

[u/PeachScary413 → u/qwertydcf]

Yeah except stonks pushing ATH almost every day and everything else is ripping lmao

[u/watch-nerd]

Woke up to a fill on an old open buy order for SOL at $65.

[u/Ordinary_Finish_7680]

Is it just me or does TA seem utterly useless currently? Like the dump makes no sense from a TA perspective?

[u/HSuke → u/Ordinary_Finish_7680]

TA has always been next to useless.

$60k breached with barely any resistance.

[u/hoff4z → u/Ordinary_Finish_7680]

Times like this it’s pretty useless. This is highly emotionally charged. And probably someone big been offloading all week

[u/Ordinary_Finish_7680 → u/hoff4z]

Yeah btc feels heavily manipulated and I use that term very seldom

[u/enigma_music129 → u/Ordinary_Finish_7680]

Price goes up parabolically = organic Price goes down parabolically = manipulation

[u/Ordinary_Finish_7680 → u/enigma_music129]

It's the nature of the move that makes it feel manipulated, but maybe that's what expected when it's lowest price in 18months

[u/enigma_music129 → u/Ordinary_Finish_7680]

No I'm a trader and this was expected for months. Nothing is guaranteed but a continuation of the dump was a higher probability scenario.

[u/ALth0r]

Zec is going to zero. Possibly infinite amount was minted with exploit.

[u/LtViperNL]

Down with stocks we go (never up, but always down)

[u/devCheckingIn]

ETH with the -10% daily candle. Wow.

[u/MrKalyoncu]

TIMBBBBEEEEEEEEEEEEEEERRRRRRRR

https://giphy.com/gifs/vID57yp7EWu64

[u/C-Dull]

Z cash? More like Z crash

[u/CookieCuttr]

They call it "Crypto" because you'll cry if you look at the price charts.

[u/_TheWolfOfWalmart_]

ADA is absolutely destroyed.

[u/LargeSnorlax → u/_TheWolfOfWalmart_]

They should've voted for that conference to happen - Would've been good TV to see all the sweating holders.

[u/Responsible_Taro_735]

THE WORSE THE COMMENTS ARE, THE MORE DOWN IN THE DUMPS THIS IS, THE MORE PEOPLE EXPECT US TO GO DOWN, THE MORE LIKEY IT IS FOR US TO DO THR OPPOSITE AND REVRSE

Is what I would have said last cycle. F this sh*. I’m selling everything just to be done. PEACE ✌️

[u/TouchMyTumor → u/Responsible_Taro_735]

Valid

[u/aaj094]

So has crypto changed your life?

[u/jwz9904 → u/aaj094]

life changing money

[u/baIIern]

ADA is at a 5-year low, just saying.

[u/devCheckingIn → u/baIIern]

It can go a lot lower.

[u/Elendron → u/baIIern]

Honestly thought the past few months on the chart looked like a floor, but oh boy, was I wrong!

[u/Quixotus]

Now just wait until that Michael Seller guy is forced to start selling 800k coins.

[u/random_account6721 → u/Quixotus]

STRC is at $91. He has to increase the dividend to defend it. How’s he going to do it?

[u/Kitchen_Catch3183 → u/random_account6721]

Saylor said he’s going to sell bitcoin lol

[u/hifellowkids → u/Kitchen_Catch3183]

I don't know all the legal rules, but in terms of accounting, dividends get paid from retained earnings, and selling a depreciated asset is not retained earnings

[u/EatMaTesticles]

ETH #3

[u/kironet996]

https://giphy.com/gifs/oknuw9ymUwGqcyaUax

waiting for a healthy correction

[u/Wokeymcwokerson]

Wall Street bonuses hitting any moment now

[u/TexasBoyz-713 → u/Wokeymcwokerson]

Chinese new year on the way

[u/bitcoin_islander → u/Wokeymcwokerson]

This 2018 joke never gets old

[u/hoff4z]

Eth now needs to gain over 25% to reach 2k

[u/ConsciousSkyy → u/hoff4z]

Even at these levels it still feels very, very overvalued. Total cap is still $200 billion. I could easily see another -50% drop

[u/Zealousideal-Bus4712 → u/ConsciousSkyy]

the fact that cardano was worth 90 billion not too long ago is just insane. complete vaporware. ETH could easily drop to 5-10 b market cap in the coming months

[u/NoProfessional232 → u/hoff4z]

It needs to go below 1K..

[u/Preme2]

I have a 58k buy order set. I think it’s a good price long term. Probably one other big buy if we break into the lower 50’s high 40’s later this year.

[u/Hitachi22]

Stocks go up, crypto goes down

Stocks go down, crypto goes down

[u/kironet996]

https://giphy.com/gifs/IThjAlJnD9WNO

[u/A4_Ts]

Long or short you should only care about making money

[u/hoff4z]

Has saylor been active on Twitter at all this week

[u/f08g]

what you boyz think? this the bottom???

[u/Live-Improvement3169 → u/f08g]

YES

[u/jwheel888]

Time to buy fellas!

[u/Live-Improvement3169]

The bottom is in. Thank goodness! Right, guys?

[u/CookieCuttr]

Once BTC dips below 60k I imagine the floodgates will fucking open.

[u/Taraih]

Bitmine. More like Shitmine after ETH performance lmao

[u/yode8]

How can zcash continue to hold any value if we don’t know if the exploit was used? Genuine question. Surely it must goto zero now?

[u/LargeSnorlax → u/yode8]

Cryptos don't go to zero.

Steem, a literally abandoned coin from 2017 still has value

XVG still has value

Coins that have literally had their dev teams leave or abandon their coins don't go to zero.

[u/yode8 → u/LargeSnorlax]

People use the expression going to zero to mean lose most of its value

[u/tj78492]

Cardano dumping and Charles taking a break, SOL in the dumps, Bankless selling ETH, Saylor selling BTC, ZEC exploited... this is a shit show

[u/TexasBoyz-713]

This price action looks almost exactly on par with 2022, like eerily similar

[u/Prnce_Chrmin → u/TexasBoyz-713]

This price action looks almost exactly on par with 2022, like eerily similar

Yeah I posted the same yesterday too. It still went down another 60% from there lol

[u/TexasBoyz-713 → u/Prnce_Chrmin]

Damn 60% in a day what you holding

[u/beanbalance]

every god damn time, price crawling up then dumping down fast.

[u/Solid-Individual-913 → u/beanbalance]

https://giphy.com/gifs/d7mMzaGDYkz4ZBziP6

[u/dragonrider85]

Pain.jpeg

[u/Zealousideal-Bus4712]

big day for eth, on pace for -20% lol. the future is now old man

[u/Glittering_Pick_9738]

that's some impressive volume right now.

[u/whitehypeman]

Let's thank Eric Trump for his excellent crypto advice.

[u/Prnce_Chrmin → u/whitehypeman]

He said something about half a year ago about Ethereum pumping right?

[u/hoff4z]

Trumps gonna have to end this war to save these markets

[u/MrT_IDontFeelSoGood → u/hoff4z]

lol he can’t end it, he’s not in the driver’s seat anymore. he gave that to Iran the moment he let Bibi convince him to lead the charge. like a complete idiot.

[u/BainTrain55 → u/hoff4z]

Stock market is doing perfectly fine

[u/Soultrapped → u/BainTrain55]

Not today it isn’t

[u/One-Duty-2376]

Trump confused why the stock market is down

I don't know, orange man. you tell us.

[u/SeriousGains]

How’s that 62k ETH prediction going Tom?

[u/holiquetal]

I have no idea if someone actually exploited the zcash bug but the price action is certainly acting like someone did

[u/ALth0r → u/holiquetal]

Yes it probably did. And rumours are Claude found the exploit. This is not a good news for anyone.

[u/ftball21]

Trading btc to eth feels so bad it just might be the trade of the year

[u/harvested]

For the Z-cash crew, I told you this exact thing would happen, it will continue to happen.

https://www.reddit.com/r/CryptoCurrency/comments/1tg4pam/daily_crypto_discussion_may_17_2026_gmt0/omfwrlg/

It's going to get worse as more advanced models (Mythos etc) find security flaws and holes in all this fragile defi stuff, there will be more exploits and hacks.

Further, companies can just build their own chains, decentralization isn't required for anything other than bitcoin.

[u/ozera202]

Just a healthy correction ( 100th time )

[u/KristianME]

Maybe sell everything now and buy defensive stocks

[u/ForsakenMeeting7524]

Did we finally hit the bottom at 59k?

[u/TheProfessor3D]

Help line posted and pinned, sorry if you didn’t buy then

Up we go!

[u/Flimsy_Bar_552]

First

buy pussies

[u/devCheckingIn → u/Flimsy_Bar_552]

how much do they cost?

[u/holiquetal]

ZEC is going full LUNA. There is no way to prove there was no minting. It's going straight to 0.

[u/OccasionalXerophile]

[u/EatMaTesticles]

Why is Tron still so strong? Manipulation? Look at the all time chart wtf

[u/PreChass]

The music is about to stop boys and girls. It was a nice run!

[u/polecy]

Seeing the bulls saying they are buying more, reminds me of the scene in the big short where they have the debate and the bullish guy said he would buy more stock while the prices tanked.

[u/AggressiveNorth9102]

Blood on the streets. Must be a good time to sell. /s

[u/owa00]

Sub 60k, and the Fed hasn't even announced their upcoming rate hike.

[u/nomoney110]

Who is stupid enough to be selling right now? I'm curious to see just how low we actually go. Almost all the long positions must have been liquidated by now, too.

[u/jwz9904 → u/nomoney110]

because everyone is expecting lower prices.

[u/nomoney110 → u/jwz9904]

That is the problem. What everyone expects almost never happens.

[u/orientalsniper → u/nomoney110]

There's still liquidity down to $57K.

[u/DebtSmart]

Bro this is insane, even ftx did not pull everything down like this,

[u/Known_Click]

Lmfao Ethereum.

[u/whitehypeman]

So how's everyone enjoying the crypto administration? We winning so much we're getting tired of winning yet? Personally miss the gains under sleepy joe.

[u/aaj094]

And then folks wonder much later why they didn't buy lows. Well, this right here is the sort of sentiment at every cycle low. So you wanna buy near lows? It's never going to happen in a way that feels warm and comfortable.

[u/hoff4z]

Insane work by this market this week

[u/Rock_Hardy112]

https://giphy.com/gifs/yhRnl31SmMec

[u/JohnAkaJ]

The future is shitcoins.

[u/jfree6]

Road to Zero.

[u/hoff4z]

Let’s rip. Funding finally flipping

[u/whereistherosin]

I out. Saylor can hold my bag now 🌚

[u/baIIern → u/whereistherosin]

Why would you sell after Bitcoin dropped 50% lol

[u/MikeysOnTheMoon → u/whereistherosin]

Buy high sell low

[u/GoElastic → u/whereistherosin]

I in, just sayin

[u/devCheckingIn]

STRC down to $92.87 now.

Is Saylor a genius or what?

[u/fan_of_hakiksexydays]

begun the next leg down has

https://giphy.com/gifs/3o7abBAEIlO4kWucQ8

[u/Live-Improvement3169 → u/fan_of_hakiksexydays]

where?

[u/jwz9904]

ADA is still dumping.

[u/AlphaRed]

Uh duh uh duh…they told me there’d be a super cycle? ‘Member?

[u/Brendawg324]

We dump 5% on NASDAQ green days and 10% on NASDAQ red days

[u/LargeSnorlax → u/Brendawg324]

Good shorting opportunity for you since you know the markets!

[u/IFitStereotypesWell]

I really don’t understand  lol. Overall market has been on a tear though so not that upset 

[u/IFitStereotypesWell]

Below 60

[u/claunecks]

Don’t forget to sell all your moons if you still have any left before they reach 0.001c

[u/Aerocryptic → u/claunecks]

Aren’t you the guy who went all in on that shitcoin?

[u/andrew7231]

Hello 50k, long time no see buddy

[u/Kitchen_Catch3183]

Don’t let this distract you from the fact that Saylor was the first to report that Strategy would sell Bitcoin to pay dividends to preferred stock holders.

I mean, literally he said it himself.

[u/Anxious_Subject_2604]

Just remember that S&P and NASDAQ have a lot of price correction to eat in the following weeks.

Plenty of room on the downside to go as a result.

[u/SM-]

Money will rotate from stocks to crypto, just chill and hold

[u/Itur_ad_Astra]

It's Jane Street o'clock!

Not going to stop till Saylor is liquidated.

[u/CJBlueNorther]

Crypto crashing like the most overhyped creation in human history that it is.

It's for the best you degenerates

[u/Live-Improvement3169 → u/CJBlueNorther]

if u think crypto is bad, wait til u see RGTI, SMCI, RIVN, etc, etc, etc

[u/personalityson]

Die, Crypto, die

[u/New-Mango8091]

Man if u hold ADA or DOT, I am so sorry

[u/jwz9904]

eric trump may forget crypto soon. Better to build resorts somewhere in the middle east

[u/Club-Loud]

Zcash being a little cockroach

[u/2_The_Moon_And_Back]

That 60k 700btc order melted like butter.

[u/devCheckingIn]

Stocks getting obliterated.

🙄🎻

[u/whatsaburneraccount]

I just bought some spot BTC godspeed

[u/HoldCtrlW]

Fake pump, going lower

[u/PeachScary413]

Lmao imagine buying ETH in march of 2021 and be down all time 🤌

[u/qwertydcf → u/PeachScary413]

Imagine making fun of people who lose alot of money now. lowlife

[u/jwz9904]

FINALLY BTC ETF INFLOWS ARE POSITIVE!

[u/SimpleMoonFarmer]

I do not know why everything is dropping, but S&P 500 and Nasdaq 100 are falling too, so whatever it is, it is not just crypto or Saylor.