July 2nd $BTC $ETH

As July begins, the market gives a strong warning, and the trend goes straight down?

🚩Yesterday's News：

🟠Market News: The U.S. Senate passed the "Big and Beautiful Act" with a vote of 51 to 50, sending the bill to the House of Representatives

🟠Trump's second son hints at a possible presidential run in the United States

🟠GMGN partners with xStocks to support users trading U.S. stocks on the Solana chain

🚩Yesterday's Market：

🔶Bitcoin: Lowest point 105274 Highest point: 107554 Range 2319 points

🔶Ethereum: Lowest point 2386 Highest point: 2500 Range 113 points

Yesterday's Summary: Bitcoin faced resistance, Ethereum was contested at the 2475 level.

🚩Today's Market：

🔶Ethereum: Ethereum is at the 2475 position, which has been broken below resistance level continuously, do not easily go long below the resistance level.

Daily resistance level: 2475 Daily support level: 2375

🔶Bitcoin: Still in the upper half of the large volatile range above 105000, fluctuations or short-term declines between 105000-110000 are fine, starting to test the support level of 105000. Contracts can choose short longs.

4-hour support level: 105000 4-hour resistance level: 108390

🟠Summary: Ethereum fell back to 2475, long-term abandon going long, at this position short sellers hold an advantage for a short time, if Ethereum stays below 2475 for a daily K-line, start considering reducing positions.