📊 July 1, 2026 | Critical Supports Being Tested in the Crypto Market
💰 BTC: 58.692
💠 ETH: 1.574
The crypto market started July with a sell-off. Bitcoin fell below the 59,000 level, while Ethereum continues to trade below the 1,600 level. A cautious short-term outlook stands out in the market.
In the last 24 hours, investors focused on global economic expectations, upcoming key US data, and changes in risk appetite. Continued uncertainty is causing volatility to persist in crypto assets.
🔍 Bitcoin Outlook
Bitcoin is currently in a key support zone.
🟢 Support Levels to Watch
• 58.500
• 57.500
• 56.000
🔴 Zones to Watch
• 60.000
• 61.500
• 63.000
Maintaining the 58.500 level is critical for a potential rebound. Breaking below this zone could increase selling pressure.
🔍 Ethereum Outlook
Ethereum continues its weak outlook.
🟢 Supports
• 1.550
• 1.500
🔴 Zones to Watch
• 1.600
• 1.680
• 1.750
Ethereum's re-establishment above the 1.600 level can be considered a positive development for market confidence.
📈 Market Assessment
✔️ Bitcoin is trading in a critical support zone.
✔️ Ethereum is trying to stay above the 1.550 support.
✔️ Trading volumes point to a cautious outlook.
✔️ Investors are awaiting new macroeconomic data.
📌 Overall Assessment
The market continues to search for direction in the short term. Bitcoin's movement at the 58.500 level is being closely watched for the price direction in the coming days. If buyers gain strength in this zone, a recovery could be seen, but losing the supports could increase volatility.
#Bitcoin #BTC #Ethereum #ETH #Kripto $API3 $ABBV $SWARMS
💰 BTC: 58.692
💠 ETH: 1.574
The crypto market started July with a sell-off. Bitcoin fell below the 59,000 level, while Ethereum continues to trade below the 1,600 level. A cautious short-term outlook stands out in the market.
In the last 24 hours, investors focused on global economic expectations, upcoming key US data, and changes in risk appetite. Continued uncertainty is causing volatility to persist in crypto assets.
🔍 Bitcoin Outlook
Bitcoin is currently in a key support zone.
🟢 Support Levels to Watch
• 58.500
• 57.500
• 56.000
🔴 Zones to Watch
• 60.000
• 61.500
• 63.000
Maintaining the 58.500 level is critical for a potential rebound. Breaking below this zone could increase selling pressure.
🔍 Ethereum Outlook
Ethereum continues its weak outlook.
🟢 Supports
• 1.550
• 1.500
🔴 Zones to Watch
• 1.600
• 1.680
• 1.750
Ethereum's re-establishment above the 1.600 level can be considered a positive development for market confidence.
📈 Market Assessment
✔️ Bitcoin is trading in a critical support zone.
✔️ Ethereum is trying to stay above the 1.550 support.
✔️ Trading volumes point to a cautious outlook.
✔️ Investors are awaiting new macroeconomic data.
📌 Overall Assessment
The market continues to search for direction in the short term. Bitcoin's movement at the 58.500 level is being closely watched for the price direction in the coming days. If buyers gain strength in this zone, a recovery could be seen, but losing the supports could increase volatility.
#Bitcoin #BTC #Ethereum #ETH #Kripto $API3 $ABBV $SWARMS