6.29-7.3 Weekly Summary

This week saw a rollercoaster market movement of "first pressured downward, then bottomed out and rebounded."
From June 29 to July 1, the market continued the previous bearish sentiment, with prices repeatedly under pressure and declining, repeatedly grinding near key support levels, spreading panic sentiment, maintaining a weak volatile downward trend, and testing the support level multiple times.
On the evening of July 2, US non-farm payroll data came in significantly below expectations, raising expectations for interest rate cuts, weakening the US dollar and Treasury yields. The broader market experienced a strong recovery, with Bitcoin rapidly rising from lows, sparking a sharp short-term rebound.
On July 3, due to the holiday effect, overseas market liquidity tightened, bullish momentum slowed, and the market transitioned into high-level sideways consolidation, digesting short-term gains.
This week was also full of volatility, with both longs and shorts making considerable gains. Fellow traders who accompanied me felt the joy of futures trading. $BTC $ETH $SOL