$BTC July 4 Market Analysis by Boss

Yesterday saw an upward oscillation structure throughout the day, with the intraday low reaching 611 and the high touching 623, for a full fluctuation range of 1200 points.
In the evening, the U.S. stock market was closed all day, institutional ETF fund flows paused, market liquidity contracted significantly, and the willingness of both bulls and bears to trade decreased. As a result, the market consolidated narrowly in the later part of the night, without any significant upward or downward moves, maintaining a moderate bullish oscillation rhythm overall.
At today's opening, a round of pullback and washout was completed first, with the lowest dip to the support level of 618. The buying power was sufficient, and after the price stabilized, a sustained one-sided upward trend began.
Previously, the key resistance was expected at 628, but the bullish momentum exceeded expectations. The price quickly surged and broke through the 629 level in the short term, accelerating the pace of bullish attacks.
On the 4-hour chart, the Bollinger Bands are opening upward overall, with the price running steadily on the upper band. The channel is in a bullish expansion pattern, which is a standard strong rebound structure. The short-term upward channel has not been broken.
Continue to watch the 629-636 range.