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📅 July 3, 7:00 – July 9,
The cryptocurrency market is showing a volatile trend today, with major tokens facing crucial support levels.
Bitcoin (BTC) experienced a pullback last night, and the daily level adjustment is still ongoing. Traders need to closely monitor the key level of $106,300 today. If BTC can stabilize above this level, it may signal the end of the daily level pullback and potentially reopen the upward trend. In this case, the resistance levels above are at $107,110, $107,800, and $108,770. However, if the short-term rebound lacks strength and fails to break through $106,300, then the support levels below will be at $105,200, $104,200, and $103,120.
Ethereum (ETH) fell to a low of $2,367 last night. In today's trading, $2,433 will be a key level. If ETH can firmly hold above this level, it may also indicate the end of the daily adjustment, with the potential to restart the upward trend. In this case, the upper resistance levels are at $2,467, $2,502, and $2,523 respectively. However, if the short-term rebound is weak and fails to break through $2,433, ETH may test the support levels of $2,406, $2,378, and $2,353 again.
Solana (SOL) is currently oscillating near the key level of $150. If it can stabilize effectively at the 4-hour level, the target price levels above would be $154.7, $158.6, and $161.6. However, if it cannot break through $150, the support targets below will be at $144, $140, and $137.
Market participants should closely monitor these key price levels, as they may serve as important indicators for judging short-term trends. At the same time, attention should also be paid to overall market sentiment and macroeconomic factors, as these factors can also have a significant impact on encryption currency prices.