Market analysis for BTC/ETH on July 2, 2025, at 10:07 AM

The month of July started with a decline as a sign of respect. In the past few days, aside from the morning and evening rebounds yesterday on Monday, there hasn't been any opportunity to enter short positions. The short positions for BTC at 107500 and ETH at 2466 were not hit. Currently, the long positions are the first entry, and we need to wait patiently. The pressure to go long has been continuous for 24 hours since yesterday!
The market is waiting for tomorrow night's non-farm payroll data, as well as the ongoing tussle over the recent market events, both of which have a certain degree of uncertain impact on the market. Observers are increasing, and liquidity continues to be sluggish. Currently, there is a slight downward trend. The short positions at 108500 and 2520 from early Monday can still be held! Let's see if there will be a large spike in the market!
If possible, consider finding a potential nose to layout the spot trading range!
BTC attention
Support 103055/100300
Pressure temporarily set at 109500/112000
After the weekly and monthly K-line has closed, there is an urgent need to choose a new direction. There are pursuers behind (the large and small non-farm data will be released today and tomorrow) and consistent with what was said last Friday. At this moment, the large pie is in an extremely narrow space of fluctuation, waiting for the resonance of the large and small non-farm data. This week will be about grinding in the first half and intense games testing support and resistance in the second half, choosing a direction! Currently, the focus is on the two key positions of 104100/107507. Yesterday, it was suppressed by 107500, and it is currently testing towards 104100. For now, the upper level of 106132 is also a key reference point!
ETH attention
Support 2343/2285/2215
The pressure is temporarily set at 2627-2665
ETH hit a low of 2373 yesterday, just a shiver away from 2343. Let's patiently see if this position offers any opportunities today. For now, it's consolidating around the 2403 million mark. A rebound during the day should be coming soon; it just depends on when it stops falling. Those with free time during the day can keep an eye on it!
In terms of operations: There will be opportunities for a rebound today, as there are currently no major conflicting events affecting the market. The turmoil from the Tether battle has limited impact. It's important to manage your positions well, avoid constantly going in heavy or all-in; consistent and stable profits through steady progress are the most important!
#GateLive# #GT#