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$BTC July 3 Second Brother Market Analysis
First, let’s review yesterday’s call: in the early morning, we clearly identified the key watershed at 1645. After the price broke through as expected, it surged to the 1725 high. After topping out, it met resistance and pulled back, with the entire day marked by repeated, back-and-forth consolidation around 1698—no hindsight, no “after-the-fact genius” talk.
Today’s opening continues to range trade and consolidate around 1695. After a short-term push higher to test 1718, the upward momentum from the bulls has clearly started to fade.
Overall, the larger-cycle picture is still dominated by bulls, but in the short term the bulls and bears are locked in fierce competition. Rebounds come with pullbacks, and there is no one-way trend. The core intraday approach is to stick to range-bound trading—buy the dips and sell the highs.
Upper resistance: 1750-1770
Lower support: 1650-1600