July 7 Bitcoin Market Analysis

Bitcoin is currently priced around $108,800, with a slight increase of 0.05% during the day. Affected by the US stock market holiday and tariff policies, market trading is light. The technical analysis shows that if it effectively breaks below the support level of 106,500, it may drop to 105,000 dollars; if it holds above, it will maintain a high-level fluctuation. The medium to long-term bullish trend remains unchanged, but attention should be paid to the potential drastic fluctuations caused by the movements of whale addresses. The current market lacks breakthrough momentum, and it is recommended to focus on short positions while waiting for clearer trend signals.

Operation Suggestion: Short BTC in the range of 110,200-109,700 Target 107,500-107,000

Short ETH in the range of 2600-2580 Target 2500-2480.