📉 Market Insight – July 4th BTC Update 🇺🇸
Today being Independence Day in the U.S., traditional markets are closed, resulting in notably low liquidity across crypto exchanges. Historically, such conditions open the door to heightened price volatility and potential manipulation.
Currently, BTC is showing signs of consolidation between two key VWAP levels:
🟢 Local VWAP support anchored at $108.7K
🔴 Resistance near the $109K mark
This tight range could break either way, but given the current lack of market participation, the probability skews toward downside movement.
🔍 Expectations: I still anticipate Bitcoin retesting the $107.7K region — possibly even lower — especially if sell pressure kicks in during this thin-volume window.
📊 Stay cautious. With low-volume sessions, price swings may not reflect true market sentiment.
