Haibei Analysis says: Intraday BTC/ETH market analysis for the afternoon of July 3.

Intraday bulls continue the upward rhythm, with bullish momentum still strong. On the 1-hour chart, MA5, MA10, and MA20 are arranged in ascending order, forming layered support structures. The price keeps hitting new highs for the current phase, with volume remaining stable during the upward move. Pullbacks are relatively weak, and the market continues its strong upward trend. Tonight at 20:30, the non-farm payroll data will be released, which may increase market volatility before and after the announcement. For intraday operations, prioritize low-long strategies based on short-term moving averages. Shorting at highs is only suitable for light positions in short-term scalping, and heavy long-term short positions should be avoided.
In the 1-hour cycle, the high of this rebound: ETH1738.47, BTC62170.0; the low of this deep pullback: ETH1564.24, BTC58300.0. Currently, the price is firmly above all short-term moving averages. MA5, MA10, and MA20 form a stepwise support zone. The previous high constitutes a short-term bull-bear divide. A successful breakout will open further upside space. Only a valid breakdown below the MA20 will lead to a larger pullback.

ETH Key Range
Support: 1722, 1706; Resistance: 1738, 1750

BTC Key Range
Support: 61671, 61563; Resistance: 62170, 62435

ETH
1. In the 1734-1738 range, take short orders when under pressure, stop loss above 1751; first take profit 1714, second take profit 1706
2. In the 1714-1722 range, enter short-term longs when stable, stop loss below 1695; first take profit 1738, second take profit 1750

BTC
1. In the 62100-62170 range, take short orders when under pressure, stop loss above 62440; first take profit 61585, second take profit 61250
2. In the 61580-61680 range, enter short-term longs when stable, stop loss below 61080; first take profit 62170, second take profit 62435

‼️The above content is only a technical market analysis reference and does not constitute any investment advice. The non-farm payroll data tonight may cause extreme volatility. Cryptocurrency trading carries extremely high risks. Please manage your positions and trade cautiously. $BTC ‌