BTC Market Analysis at 1:00 AM on July 1, 2026


Today is the last day of June. BTC is still ranging in the range of 58100-60800. 60800 is also a bull-bear boundary. Currently, it is near the previous low, so you can go long on the left side. If it makes a new low and fails to recover, stop loss. For those seeking safety, you can wait for 58000 to break down and then recover before going long on the right side. If it directly breaks through with volume and fails to recover 58000, then don't trade and wait for opportunities. Below, 57200 and 56600 can be used for left-side longs, also starting points for gambling, with stop loss in place.
For long positions, take profit or reduce positions above 60000.
Also pay attention to 60800. If it breaks through, you can wait for a pullback to go long. The positions marked with lines on my chart above can be used for shorting or as take-profit levels for long positions below: 61800-62200, 63100, 64200-64500. When reached, there will likely be a reaction. For short-term traders, you can reduce positions with a breakeven stop; for those who want to hold, set a stop loss.
Also, when it goes down, think about how to get spot. Futures can be traded anytime. BTC at this price level is not always available. You can dollar-cost average every 5000 points. BTC never disappoints.
BTC3.56%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned