📈 $BTC (2025-07-03 07:52) | Long-Short Trend Indicator: 76 / 100 (Bullish)

BTC strongly broke above 108,000 at the end of the US trading session and reached above 109,700, currently retracing to around 108,800. The technical structure supports a short-term continuation of the upward trend, but a pullback confirmation needs to be monitored. Multi-period MACD and RSI continue to rise in sync, market sentiment is good but slightly overheated, short-term adjustments may occur.

🔹 Multi-Period K-Line Trend Assessment:

15-minute chart: Retracement after a surge, MACD death cross appears, RSI drops to 41.67, entering a pullback correction phase in the short term;

1-hour chart: MACD fast line still maintains above, momentum slows but has not reversed, RSI falls to 58.96, still a healthy pullback;

4-hour chart: Effectively breaking through the consolidation platform and increasing volume, MACD bullish momentum continues, RSI rises to 60.30, trend strengthens;

Daily chart: Three consecutive bullish candles standing above key moving averages, MACD histogram turns positive, RSI rebounds to 58.19, trend is clear;

Weekly chart: MACD golden cross maintains an expanding gap, RSI rebounds to 63.67, long-term funds continue to increase.

📊 Technical Indicator Analysis:

MACD: 15m death cross appearing, need to be cautious of short-term fluctuations, 1H/4H/Daily still maintains bullish structure;

RSI: 15m approaching oversold, 1H/4H/Daily is in a strong mid-range, not yet overheated;

Moving Average System: BTC price stabilizes above MA7/25/99, especially 1H/4H returning to bullish arrangement, trend stable;

Volume: Significant volume increase in the morning supports the breakout, if sustained above 109,000, it will further confirm the effectiveness of the upward move.

🌐 Macroeconomic Summary (Last 24 hours):

1. [Bloomberg July 2, 20:30] Federal Reserve Governor Waller states that a rate cut in September is “reasonably possible,” market risk appetite is warming;

2. [CoinDesk July 2, 22:00] CME Bitcoin futures positions reach an all-time high, institutional bullish bets are rising;

3. [CryptoQuant July 2, 21:40] Net Bitcoin outflow from exchanges hits a 6-week high, indicating users prefer to hold coins;

4. [Reuters July 2, 18:10] Ethereum spot ETF approval enters the final discussion stage, potentially boosting BTC sentiment.