Two crypto analysts argue Bitcoin remains in a bear market and may be in its final bearish phase. One expects the cycle to potentially bottom between $47,000 and $51,000 around October 2026, while another sees a possible drop to $54,000 next week and a deeper low near $47,000 by July 2026. Both forecasts frame the period as marked by weak sentiment and choppy price action.

Bitcoin was trading around $62,950 at the time of writing as buyers attempted to keep price action above $60,000 following several days of heavy selling. A daily-chart roadmap from on-chain analyst VoidOnChain outlines a potential sequence that starts with a break below $60,000, then targets $53,000 and $47,000 before any broader rebound is considered.

XRP has slid back into a key support area near $1.10 as short-term selling pressure persists, placing price action in a notable zone on the monthly chart. The analyst EGRAG CRYPTO says XRP could see one more liquidity sweep—potentially below $1—before a broader recovery that aims beyond $10, with projected levels including $9, $13, $17, $20, and $27. At the time of writing, XRP traded at $1.14, down 12% over the past seven days.

Several analysts say Dogecoin could turn more bullish after its latest pullback, with one calling the dip a “generational entry” as volume picked up near the low. DOGE fell about 14% to $0.07763 and later rebounded to around $0.08529, alongside about $812.7 million in 24-hour volume and roughly $14.5 billion in market value. Traders are monitoring $0.099 as a potential confirmation level, while wallet data shows shifting supply shares across large holders.

After Bitcoin rebounded from last week's dip below $59,000, analysts say the market is still debating whether the sell-off has ended or if more downside could follow. In a June 6 X post, Aralez argued the decline may be in its early stages, with a possible bounce toward $71,000 before a deeper move to $46,000–$48,000. He added that a later accumulation phase after a bottom could set up the next broader uptrend.

Ethereum’s selloff in June pushed ETH below $1,800, with price reaching as low as $1,536 in the past 24 hours and marking its lowest level so far in 2026. The drop has also dragged the monthly RSI to its weakest reading since Ethereum began trading in 2015, a zone that previously appeared near major cycle lows in 2020 and 2022. ETH was trading at $1,612 at the time of writing, while spot Ethereum ETFs saw $19 million of net inflows on June 4 before flipping to $5.97 million of net outflows the following day.

Bitcoin finished the week ending June 5, 2026 down nearly 20%, marking its steepest weekly percentage fall since the FTX collapse in November 2022. After failing to reclaim levels above $82,000, BTC slid toward the $59,130 low area and later traded around $62,150, with analysts watching whether conditions resemble a late-cycle washout.

Dogecoin was trading below $0.09 at the time of writing, more than 88% under its May 2021 peak of $0.74. Analyst Javon Marks argues DOGE's long-term chart shows repeating, strengthening alt-season rallies that could imply a move above $20 if the pattern persists. He adds that reaching that range would require major resistance levels to be reclaimed and a strong broader altcoin phase.

On June 6, crypto analyst Blacksea said XRP has again formed a falling wedge pattern similar to one seen in 2024, when the token moved from around $0.5 and later surged 600% past $1.5. Separately, Celal Kucuker argued XRP may first correct toward $0.9, with $0.95 as a key support; his chart maps potential upside targets near $1.5, $3.66 and the 1.618 Fibonacci Extension above $14 if the structure holds.