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📈 7.3 Thursday Morning BTC/ETH Market Analysis 📉

As of this morning, Bitcoin (BTC) continues to show signs of technical resilience, with the 106,000 support zone forming a strong defensive line. The recent pullback appears weak in strength, while overall technical indicators maintain a steady upward trend.

However, it’s important to note that BTC has failed to break previous highs twice, signaling increasing selling pressure near resistance zones.

🔍 Technical Insights:

On the 4H chart, MACD red bars continue expanding, reflecting strong momentum.

But beware: a potential bearish divergence is emerging as both DIF and price hit new highs. This divergence may hint at weakening bullish momentum and the potential for a short-term correction.

A breakout above 109,700 could reignite upward movement. Failure to break it may result in a technical pullback.

📊 Operational Strategy:

BTC: Monitor 109,000–109,500 region. Breakout target: 110,500+

ETH ("Two Cakes"): Watch 2,570–2,590 levels, with upside potential to 2,630

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📅 Macro Outlook – Key July Events:
1️⃣ Tonight’s U.S. Non-Farm Payrolls (NFP) — Expected to miss forecasts, potentially boosting rate cut expectations.
2️⃣ U.S. Government Spending Bill — Still under review; impact likely short-term regardless of outcome.
3️⃣ July 9 Tariff Deadline — While Trump signals no delay, postponement still remains possible. Outcome could influence short-term volatility, but long-term impact remains limited.

🧠 Our View:
There are no imminent bearish macro catalysts strong enough to trigger a major market sell-off. On the contrary, expectations for early Fed rate cuts and a surge in monthly BTC spot volume (3x increase) signal strong fund inflows and growing institutional interest.

📈 With liquidity returning and altcoins breaking neckline resistance on weekly double-bottom patterns, this indicates a healthy market recovery — not just speculative noise.

🔥 Outlook:
Bitcoin is well-positioned to set new highs within two weeks, potentially igniting a new wave of market expansion, led by both BTC and high-potential altcoins.

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💡 Smart trading lies in timing, positioning, and discipline. Stay informed, manage risk, and ride the trend — not the noise.

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