Analysis of BTC market on July 3rd early morning.


Currently, BTC is showing a short-term oscillating rebound, with a continuous upward attack. From the data, the price ratio has gradually climbed from a low of 105000, with a bullish period closing with a bullish line to achieve consecutive upward movements. Although there were occasional small pullbacks with bearish lines during this period, the overall upward breakthrough is evident, stopping at the 109600 level. From a four-hour perspective, the large bullish line is accompanied by an expanding MACD red bar, and the RSI has broken through 70, entering the overbought zone. The upper level of 110000 constitutes a pressure point, while the lower level of 108000 is a key support level. From a technical perspective, the price ratio is approaching previous highs, with a narrowing entity and small gains revealing the weakness of bulls. Although the short-term moving averages show a bullish arrangement, they lack sustained expansion momentum. If a quick breakthrough and stabilization at the resistance level cannot be achieved, the subsequent trend is more likely to favor a pullback under pressure, creating conditions for a bearish market.
Short near BTC 109000-109500 Target at 108000-106500 Defense at 110000
Ether; short near 2560-2580, target at 2460, defense at 2600#特朗普马斯克分歧
BTC0.11%
ETH0.66%
TRUMP-0.63%
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