7.2 Evening Bitcoin Market Analysis

In the afternoon, although BTC made a slight pullback, the support at the 60000 level was not broken. After a brief stabilization, the bulls showed a slight volume breakout above the previous high, further approaching 61500. ETH broke out simultaneously, reaching a new high of 1652. Currently, the volume increase is not obvious, and there is a short-term contraction trend, which is unfavorable for breaking resistance levels. However, the current pullback is not strong. As long as it remains above 60000, there is still a chance to continue rising, while volume needs to support the trend's continuation. In the evening, our strategy is to continue looking for a rebound with the trend. Additionally, the non-farm payroll data will be released at 20:30 tonight. It is recommended that short-term positions exit early, while the long orders below can be held. Reference defense level is the 59500-59000 range. The resistance around 1650 for ETH has been weakened. We can see if the rebound continues to 1680. Defense reference is around 1600. #Circle股价重挫17% $BTC