Haibei Analysis: July 2 Evening Intraday BTC/ETH Market Analysis



Intraday continued bullish rally, with strong bullish momentum. The 1-hour cycle moving averages are diverging upward simultaneously, with MA5, MA10, and MA20 supporting the price layer by layer. Volume continues to expand during the upward phase, and minor pullbacks show no selling pressure release. The market has completely exited the low-level repair phase and entered a strong bullish trend. The Non-Farm Payroll data will be released at 20:30 this evening, and market volatility will sharply increase around the data window. Intraday operations should prioritize long positions based on moving average support, with short positions only for light positions and short-term speculation. Do not hold heavy short positions for long periods.

In the 1-hour cycle, the current rebound highs are ETH 1654.65 and BTC 61419.2, while the deep retracement lows are ETH 1549.97 and BTC 57770. The current price is stably trading above all short-term moving averages, with MA5, MA10, and MA20 forming a multi-layer bottom support zone. The high point of the current phase is the short-term bullish-bearish watershed; breaking through it will open up a new upward space.

Key ETH Levels
Support: 1635, 1624, Resistance: 1654, 1661

Key BTC Levels
Support: 60850, 60715, Resistance: 61419, 61669

ETH
1. Go short on resistance in the 1650-1654 range, stop loss above 1662; first take profit 1640, second take profit 1635
2. Go long on stability in the 1634-1638 range, stop loss below 1623; first take profit 1650, second take profit 1654

BTC
1. Go short on resistance in the 61350-61419 range, stop loss above 61670; first take profit 61100, second take profit 60850
2. Go long on stability in the 60850-60900 range, stop loss below 60429; first take profit 61200, second take profit 61419

‼️ The above content is only a technical analysis reference and does not constitute any investment advice. The Non-Farm Payroll data this evening will cause extreme market volatility. Virtual currency trading carries extremely high risk. Please manage your positions carefully and trade cautiously. $BTC
BTC2.72%
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