🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
#Market Sentiment#
* Cautious Waiting: There is a general uncertainty and cautious wait in the market ahead of the tensions in the Middle East and the US Federal Reserve (FED) meeting.
* US Investor Interest: The Bitcoin Premium Index has remained positive for most of June, indicating continued interest from US investors in Bitcoin, but this demand has not yet had a major impact on prices due to market volatility.
* Fear and Greed Index: The index is hovering around 70, indicating that the market is in a "greed" mode and investors' risk appetite is high.
In summary
The general view for Bitcoin today is consolidation and uncertainty in the short term. If it can be sustained above critical support levels, there is potential for a recovery towards $130,000 in the medium term, with positive signals in the market and increasing institutional interest. However, volatility is expected due to current geopolitical and macroeconomic factors, and downside risks should not be ignored. In particular, a drop below $103,000 could lead to deeper corrections. The most important factors that will determine which direction Bitcoin will go in the coming days will be developments in global markets and closings above or below technical levels. In light of this information, you can make your own assessment or consult financial experts for more detailed analysis.