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July 2 Morning
From the 4-hour chart, last night BTC experienced a short-term upward move ↑, testing around 6.13 before failing to sustain the upward momentum, clearly showing significant resistance above that level. Currently, the market has pulled back to the 5.96 area and is consolidating in a range. Looking at the KDJ and MACD indicators, both have shown a downward turn signal ↓, intensifying short-term trading.
In terms of operations, maintain a range-bound trading approach, using short at highs and long at lows back and forth. The core range is locked at 5.85–6.15, and you can enter flexibly at the upper and lower edges of the range.
Suggestion
BTC: Short 6.02-6.08, targets 5.92-5.85
ETH: Short 1621-1636, targets 1585-1550.