Bitcoin Technical Analysis Daily

July 5, 2025 | Key Analysis for Asian Trading Session

1. Macro Trend Positioning

Bitcoin is currently in a major range-bound phase between 100,000 and 110,000, with this oscillation structure lasting for 12 trading days. The price boundaries for the year are clearly defined between the historical high resistance zone of 112,000 and the strong support zone of 98,000, with the current price center maintaining in the upper half of the range (around 108,300), indicating a delicate balance between bullish and bearish forces.

2. Core Technical Indicators Analysis

1. Bollinger Bands

- Daily channel has narrowed to 101,742-110,600 (bandwidth has shrunk to 4.1%)

- The middle line shows a slight upward tilt of 0.8°, reflecting that the market still has potential upward momentum.

2. Moving Average System Matrix

5MA 107,963 stabilizing 10MA 107,639 gently rising 30MA 106,298 steadily increasing 60MA 105,800 long-term support

3. Momentum Indicator Divergence

- MACD Indicator:

The golden cross structure above the zero axis is facing challenges (fast line 0.38/slow line 0.41), bullish volume bars have reduced by 15%, indicating that the pullback pressure after attacking 110,484 has not been fully released.

- RSI Indicator: Remains high at 69.2 in the overbought zone and has formed a dead cross, indicating a clear need for a technical pullback.

3. Key Price Level System

Upper Resistance 110,500 Historical Strong Resistance 112,000 Central Support 105,300 Intraday Support 106,200

4. Asian Trading Session Battle Map (09:00-12:00 UTC+8)

- Micro Range: 107,600-108,300 (amplitude only 0.65%)

- Bull-Bear Frontline: 108,500 pressure line repeatedly contended

- Volatility Characteristics: ATR value drops to 382, the monthly low point; the market enters the eve of directional decision-making.

5. Professional Trading Strategy Deployment

Bearish Tactical Configuration

- Ambush Area: 108,500-108,800 range

- Breakout Alert: Close above 108,800 for 1 hour consistently

- Stop-Loss Stronghold: 109,500 (risk exposure ≤ 0.8%)

Bullish Defense Plan

- Position Building Grounds: 106,200 (testing position)/105,300 (main position)

- Strategy Ban: A rapid breakdown of more than 1.2% in 15-minute level

6. Battlefield Risk Warning

1. Derivative Anomalies: CME open interest plummeted by 12%, funding rate 0.018% (bullish overheating)

2. Event Mine: FOMC meeting minutes to be released tonight

3. Position Iron Rule: Single position ≤ 3%, total risk exposure < 15% #比特币走势分析