2025.7.2 10:07 AM BTC/ETH market analysis

The month of July started with a decline as a sign of respect. In the past few days, apart from the early and late rebound on Monday, there hasn't been any opportunity for the shorts from yesterday's rebound. The short positions for BTC at 107500 and ETH at 2466 weren't hit. Currently, the long position is the first entry, so let's be patient. The pressure to go long today has already been continuous for 24 hours since yesterday!
The market is waiting for tomorrow night's non-farm payroll data, as well as the recent fierce competition in the TEMA market, both of which have a certain degree of uncertainty on the market. The number of observers is increasing, and liquidity remains 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 the market experiences a large spike!
If possible, consider finding a potential opportunity to layout the spot trading segment!
BTC attention
Support 103055/100300
Pressure is temporarily set at 109500/112000
After the weekly and monthly K lines are completed, there is an urgent need to choose a new direction at this moment, with pursuers behind (the large and small non-farm payroll data will be announced today and tomorrow) consistent with what was said last Friday. Currently, the space for BTC is extremely narrow and is oscillating, waiting for the large and small non-farm payrolls to resonate. This week will be about grinding in the first half and intense competition testing the resistance and support strength in the second half, deciding the direction! The key focus is on the two critical levels of 104100/107507. Yesterday, it was suppressed by 107500, and currently, it is testing towards 104100. Temporarily, the upper level of 106132 is also a critical reference point!
ETH attention
Support 2343/2285/2215
Pressure temporarily set at 2627-2665
ETH fell to a low of 2373 yesterday, just a hair away from 2343. Let's patiently see if this position gives us an opportunity today, currently consolidating at the 2403 million point level. A rebound during the day should be coming soon, just waiting to see when it stops falling. If you have some free time during the day, keep an eye on it!
In terms of operations: There will be opportunities for a rebound today, and there are currently no major events impacting the market. The conflict over Tether's issues has limited influence. Control your positions well, and avoid always going in heavily and all-in; a steady and stable profit through consistent efforts is the most important!
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