微信截图_20230704114601.png

Bitcoin (BTC) lost 0.02% on Sunday. BTC closed the day at $30,631 on Saturday after rising by 0.56%. Despite the gloomy session, BTC avoided falling below $30,000 for a second time.

BTC dropped to a low of $30,183 by mid-afternoon after a range-bound morning. Before soaring to a late-session high of $30,816 for BTC, it breached the First Major Support Level (S1) at $30,386. BTC slipped down to close the day at $30,631 after hitting the First Major Resistance Level (R1) at $30,810.

Support came from expectations that the SEC will approve a BTC ETF.

There were no crypto-related events or economic indications to sway investor mood on Sunday.

As investors wait for the SEC's views on the spot ETF refilings on Friday, BTC remained range-bound during the Sunday session due to the lack of a trigger.

While hopes of the SEC approving at least one ETF application linger, regulatory uncertainty remains a headwind as Ripple, Binance, and Coinbase battle with the SEC.

Trade

Market

Market Analysis

Trading Tutorial

Bonus rebate to help investors grow in the trading world!