July 3, 2026 Morning Crypto Market Review: BTC Bounces Back Testing Above 61K, ETH and SOL Follow with Moderate Gains, Short-Term Recovery Trend Emerges


This morning, major cryptocurrencies showed a rebound and recovery pattern. BTC held steady at lower levels and slightly recovered, while ETH and SOL followed suit and stabilized.

Real-Time Prices
BTC: Approximately 61,400-61,500 USD
ETH: Approximately 1,700-1,710 USD
SOL: Approximately 77-78 USD

Yesterday, the market fluctuated at lower levels.
Today, the three major cryptocurrencies rebounded in unison, with BTC leading the sentiment recovery.

Key Drivers from News

Macro Environment:
The decline in the US Dollar Index and a partial recovery in risk appetite eased the previous selling pressure. Bitcoin ETF outflows slowed, with signs of institutional buying at lower levels.

Regulatory Policy:
Long-term framework benefits persist, with no new negative factors in the short term, supporting market confidence.

Ecosystem Dynamics:
SOL network activity and DeFi applications remain resilient; ETH staking ecosystem is stable. Overall fundamentals have not deteriorated, and the current rebound is primarily driven by technical recovery and sentiment improvement.

Technical Analysis

BTC:
The candlestick bounced from lower levels, the MA lines are beginning to converge, and the MACD death cross is narrowing. Key support is at 59,000-60,000, resistance at 62,000-63k. Today's rebound tests above 61K with moderate volume, showing the early signs of a short-term recovery trend.

ETH:
Following BTC's recovery from lower levels, the candlestick shows stabilization around 1,700. Focus on 1,750-1,800 resistance and 1,650 support. Under beta characteristics, its rebound momentum follows BTC.

SOL:
Relatively strong, rebounding from lower levels to the 77-78 range. Supported by network fundamentals, target 80-82; support at 74-75. Active within the sector.

Overall Candlestick Judgment:
After consolidation at lower levels yesterday, a small bullish candlestick rebound today with moderate volume recovery, no obvious top divergence. The bullish structure is gradually repairing, representing a technical rebound after a deep pullback. Under BTC's leadership, the short-term trend is leaning toward sideways-to-up.

Trading Suggestions

Short-Term:
If BTC holds above 61K, consider buying on dips with a target of 63K-64K and stop-loss below 59.5K. Enter ETH and SOL after they stabilize following BTC.

Medium-Term:
The current rebound from lower levels provides opportunities for phased accumulation, with BTC as the core position and SOL as an offensive asset. Control total position at 30-50%, maintaining sufficient cash.

Risk Management:
Strictly control leverage within 5x and set dynamic stop-losses. Focus on tracking volume recovery, ETF flows, and macro data.

Cautions:
Avoid chasing highs during rebounds, and act cautiously when volume is insufficient.

Verification of Previous Analysis:
The earlier judgment of bottoming after a deep pullback was accurate. BTC has shown signs of a rebound recovery, and SOL's relative resilience continues. Fundamentals remain unchanged; this is a recovery phase after a cyclical correction, offering a good entry window.

Summary: The morning market on July 3 rebounded and recovered, with BTC showing resilience by testing above 61K, while ETH and SOL followed and stabilized. The short-term recovery trend is emerging. Focus on rebound volume and key resistance levels. The crypto market is highly volatile; strict risk control is recommended, and decisions should be made based on personal risk tolerance.

This article is for reference only and does not constitute investment advice. The market changes rapidly; trade with caution. #非农爆冷打压加息预期 $BTC
BTC1.82%
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