$BTC July 3 Summary of the Market Leader's Trend

In the early morning after opening, the market dipped to a low of 611, completing the intraday retest of support; during the early session, the price consolidated in a narrow range around 615, with continuous buying support, and the bulls dominated. At midday, it oscillated slightly upward with no deep pullback, maintaining a consistent bullish rhythm. In the evening, bulls pushed up to the key resistance level of 623, but after touching that level, it came under pressure and pulled back, ending the day's rebound at that point.
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Previously, we repeatedly emphasized that 623 is the core short-term resistance level for this round. Today's price action fully validated this judgment: the price only briefly touched 623, failing to form a solid breakout with volume to hold above, indicating that the short-term uptrend has not truly stabilized. The 623 level has transformed from previous support into a strong selling pressure zone. Every time the price rebounds here, it encounters a small dip. However, the overall bias remains bullish, with tomorrow's target around 628.