7.1 Wednesday early morning BTC/ETH latest market analysis $BTC



From the current chart, the recent trend has continued to swing in a wide range around the 58000-60000 level. Within this small range, there hasn’t been much change. Before the release of the non-farm employment data on 7.2, the trend will keep holding in a consolidation and accumulation phase! Around the support and resistance, just go high to sell and low to buy!

From the four-hour chart, the trend is showing a consecutive down phase. Pay attention to whether the 58000 level breaks down. The KDJ is forming a death cross and moving downward, and the MACD shows signs of bearish volume expanding. In terms of trading, you can go long low near the 58000 support at the bottom. If it breaks below, then do the opposite and short!

Trading suggestions:
BTC: 58000-58300, “duo” (just around/near that area); look up toward 59500-59800
ETH: 1530-1550, “duo” (just around/near that area); look up toward 1580-1610
#Solana生态ANSEM暴涨 #AAVE涨超13%
BTC-2.96%
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GateUser-26f91b48
· 57m ago
KDJ death cross + MACD volume surge, this bearish signal is quite strong. If 58000 can't hold, we'll really have to go short.
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GateUser-e623ef4b
· 1h ago
Four consecutive bearish candles in the four-hour chart look scary, but I'll place a low-long order in the 58000-58300 range to try, and stop loss if it breaks below.
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OneUnfilledOrder
· 1h ago
Before nonfarm, the pre-report choppiness and accumulation are the old playbook—but with ANSEM and AAVE’s upside… it’s obvious the money is clearly rotating into altcoins.
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FragmentedSilverStarMap
· 1h ago
The suggestion is clear, but it's easy to lose your cool when actually doing it, especially when watching the charts in the middle of the night.
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