July 1st Bitcoin Market Analysis

Bitcoin continues to hover in a narrow range, with liquidity continuing to decline, and market focus shifting to U.S.-Canada tariff issues. As the correlation with U.S. stocks strengthens, short-term volatility still needs to pay attention to macroeconomic changes.

Historical trends show that it is extremely rare for a market to start directly without experiencing a correction, so a pullback to the short-term support at $106,000 is still possible. The medium to long-term bullish trend remains unchanged.