July 2 BTC/ETH Mith Strategy

Recent external markets have been highly volatile due to major divergences in the AI industry chain, and today our A-shares are also affected. At this time, we need to be wary of emotional panic spreading in the broader environment, which could easily spill over into different markets. Focus on the news: The July U.S. non-farm payroll data will be released at 20:30 Beijing time on Thursday, July 2, 2026. This release is one day earlier than usual, mainly because Friday is the U.S. Independence Day holiday. So there may be significant moves tonight; prepare in advance.

BTC: On the larger timeframe, the technical chart shows a double-bottom pattern. The previously mentioned liquidation price around 57000 has also been triggered. The recovery from yesterday to today has been decent. The target remains 60800-61800 without any change. It can be seen that once longs touch this area, selling pressure immediately appears. Currently, it is retracing to find support. Mith personally believes that since the double-bottom structure is still intact, we should trust first and then verify. Combined with tonight's data-driven market, there may be a deep dip with a wick. At that time, pay attention to the range signals. Aggressively, look for the 58800-59500 range to add positions. A stop loss at 585 is sufficient. Conservatively, look at the previously triple-tested support area of 58500-59000. If there is a sharp drop to this level followed by a pullback, you can follow in to add positions, using the dip's low as the stop loss. If you're unsure, place the ultimate stop loss at 58000, because breaking 580 would look ugly, signaling that recent efforts have been wasted. For short additions, if you didn't enter near 608, it's a bit late now. You can look for an opportunity to short near the recent rebound around 608, with a stop loss at the pressure axis of 61300. (See the chart for details)

ETH: The technical picture is very, very clear. Below, the core support zone is 1533-1575, with the mid-line at 1550 as the recent starting point. So aggressively, use the upper rail of 1575 as the stop loss and add longs near 1590. Conservatively, use 1550 as the stop loss and look for opportunities to add longs near 1575. On the near side, the resistance at 1639 has been touched, and the next target is 1669. Don't panic too much here. The core support zone has consumed a lot of time and the pattern is decent. As long as there is no drag from the broader environment, the hope for a recovery is strong. For short additions, use 1639 as the stop loss and look for entry opportunities near this level. (See the chart for details)#非农数据倒计时