MemeCoinSavant
vip

Tonight, the cryptocurrency market is facing a critical moment, and investors need to closely monitor Bitcoin's performance in the range of $108,500 to $109,000, while also paying attention to whether Ethereum can break through the resistance level of $2,480 to $2,500.



Currently, the price of Bitcoin is fluctuating between $105,000 and $108,700. If it cannot effectively break through the above range or falls below the lower limit, the market may continue to maintain a consolidation trend. Investors should note that $106,500 is the first support level for Bitcoin, while the brief dip earlier today near $105,000 constitutes the second important support.

In addition, market participants need to pay attention to two important factors that may affect the trend of cryptocurrencies:

First, the non-farm employment data will be released tomorrow. This data often has a significant impact on the overall financial market, which in turn affects the cryptocurrency sector.

Secondly, the US stock market will be closed on Friday, which may lead to changes in liquidity in the cryptocurrency market, thereby affecting short-term price movements.

In such a market environment, investors should remain vigilant and closely monitor various data and market trends in order to timely adjust their investment strategies.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
SeeYouInFourYearsvip
· 07-02 14:51
We have to watch the non-farm data again, sigh.
View OriginalReply0
OfflineNewbievip
· 07-02 14:51
The bull run has finally arrived.
View OriginalReply0
failed_dev_successful_apevip
· 07-02 14:51
Enter a position, what are you hesitating about with 100,000?
View OriginalReply0
DefiSecurityGuardvip
· 07-02 14:44
red flag detected: extreme volatility + low liquidity = prime MEV attack vector
Reply0
0xDreamChaservip
· 07-02 14:43
The bear market has bottomed out, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)