Bitcoin (BTC) Analysis — Today, July 5, 2026 The latest information shows that Bitcoin is trading around $63,100–$63,800, recovering after several weeks of bearish pressure. Positive aspects 📈 * BTC managed to recover the $63,000 level, which now acts as short-term support. * Capital inflows into Bitcoin ETFs returned after several days of outflows, improving market sentiment. * Many short positions were liquidated (short squeeze), pushing the price higher. Risks 📉$BTC ‌ * The broader trend still does not confirm a fully bullish market. * If it loses $63,000, the next major support would be near $62,000, and then around $60,000. Levels to watch * Support: $63,000 → $62,000 → $60,000. * Resistance: $64,000 → $65,000. A breakout with strong volume could open the way to $67,000–$70,000. If you trade futures * As long as BTC stays above $63,000, longs have better odds, though always with a stop-loss below the support. * If the price breaks below $63,000 with sell-side volume, it would be prudent to wait before opening long positions.

A brief analysis of BTC short-term trends from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationship, Order Flow, and Price Action (Strategy Suggestions) $BTC Comprehensive Analysis Dow Theory gives a signal that the main trend is still in a deep decline but the downward momentum has significantly weakened, and the short-term trend has entered an upward phase, with key levels at 64,000 (upper) / 62,500 (lower). Chan Theory shows that the upward stroke is extremely strong (+5,982), and it is currently in a consolidation phase after the extension of the upward stroke. Elliott Wave Theory confirms that the five-wave decline is complete, Wave C of the ABC rebound is unfolding (+4,202, already exceeding the equal length of Wave A), with a target of 65,000–66,000. The volume-price relationship shows a positive combination of "sharp decline with high volume + bottoming with shrinking volume + rebound with sustained high volume." Order flow shows POC at 58,636, a strong premium area, and Delta MA12 is positive. Price action shows a bottom pattern of "hammer" + "bullish engulfing," with short-term strength. Short-Term Strategy Suggestions: Bullish Scenario: If the price shows a shrinking volume stop-falling + bottom divergence + Delta turning positive near 63,000–63,300, you can try long, target 64,000 → 65,000, stop loss 62,300. Bearish Scenario: If the rebound reaches around 64,000–64,500 and a top divergence appears with a high-volume decline, confirming the end of Wave C, you can short, target 62,500 → 61,500, stop loss 65,000. Current Status: 63,698 is in a strong consolidation zone, with short-term bulls dominant. It is recommended to wait for a breakout above 64,000 to confirm the extension of Wave C before chasing the rally, or wait for a pullback to 63,000 to confirm support before considering going long.

7.6 Monday BNB Morning Thoughts The easing expectations dividend brought by the non-farm payrolls has been largely digested. Today, the U.S. dollar and U.S. bond yields rebounded simultaneously, and the overall crypto market risk appetite has declined. BNB is under pressure along with the broader market, with weaker elasticity than Bitcoin. It only relies on platform ecosystem support for slight resilience, lacking independent upward momentum. Technically, short-term strong resistance is concentrated in the 585-595 USD range. Multiple intraday rallies have encountered concentrated selling pressure here, with accumulated previous trapped positions. Without volume-driven buying, a breakout is difficult. The medium-term resistance is the psychological level of 600 USD, which is the previous consolidation center, limiting upside space. Short-term defensive support is at 566-568 USD, and 550 USD is the key level for the strength of this rebound. Once effectively broken, the short-term repair rally will end, and the next support is seen in the 540 USD range. On the indicators, the 4-hour bullish momentum continues to weaken. The RSI has turned downward from highs, the MACD red bars are narrowing, and the price is trading below the medium and long-term moving averages. The bearish structure on the larger time frame remains intact. Operation suggestion: go short at 590-595, target 585, if broken, see 580$BTC $ETH $SOL