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7/3 BTC Intraday Ideas
On the BTC 4-hour timeframe: after yesterday’s volume-driven rebound, there is clear resistance overhead. In the early morning it surged and then pulled back, closing with a long upper wick; sell pressure has gradually begun to show. Current price action lacks upward momentum, with volume contracting at the same time—there is a short-term need for a pullback.
Trading Recommendations:
BTC: Set up at 61500-62000, targeting 60500 breakthrough to 59000
ETH: Set up at 1700-17200, targeting 1600, if broken, look at 1500
(Personal view is for reference only)
#BTC