Market Analysis on July 6

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$BTC
Daily, Weekly, 4-hour, sideways movement in an upward trend, is a high-level consolidation.
The consolidation in the sideways trend during the 5-minute downtrend, with the second bottom test last night not breaking the new low, shows a narrow fluctuation.
Pay special attention to the neckline at 108500. If it breaks and retraces without entering, you can go long; otherwise, do not proceed. Alternatively, you can use the 5-minute moving average golden cross, and if it retraces without breaking below the longer-term moving average, you can take action. If it cannot break through, continue to look bearish.
$ETH
The consolidation in the downward trend over the past 5 minutes saw a second test of the bottom last night without breaking new lows, forming a potential W bottom. Pay close attention to whether the neckline around 2528 can be broken; if it breaks, consider going long; otherwise, do not go long.
$SOL
The sideways consolidation in the downtrend over 5 minutes, last night the second test of the bottom did not break the new low, potential W bottom, and the 30 minutes may be forming a larger triangle. Focus on whether the neckline at 148.5 can break; if it breaks, it will be bullish. Currently, the 5 minutes has formed a golden cross again, with the price above the long-term moving averages, but the neckline at 148.5 has not been broken. If it breaks, I will increase my long positions.
Currently, only the ETH SOL short position ( has partially taken profit ).
Long position: BTC SOL( holding a light position )

#BTC#