Morning market review - Sunday, July 5, 2026

On the daily chart, Bitcoin is in a rebound phase after a previous deep decline. The price currently hovers around 62,693 USD, indicating potential support in the region of 60,000 USD. Recent candles show bullish momentum; however, trading volume remains moderate. Key resistances are at 65,000 USD and 68,000 USD, and breaking through them could open the way for further increases. The current macroeconomic situation, with unchanged interest rates, may support the continuation of the upward trend.

On the 4-hour chart, Bitcoin shows signs of consolidation after recent gains. The price oscillates in the range of 62,000 - 63,000 USD, suggesting a possible sideways movement before the next impulse. Technical indicators, such as RSI, indicate neutral territory, which may suggest a temporary balance of power between buyers and sellers. A breakout above the level of 63,000 USD could signal further increases.

The hourly chart shows a slight correction after the recent increases, with the price remaining above the level of 62,500 USD. Indicators such as MACD show signs of cooling, which may lead to short-term consolidation. However, the price staying above 62,500 USD suggests a possible continuation of increases towards 63,000 USD, if demand holds.

On the 15-minute chart, there are slight fluctuations in the range of 62,600 - 62,700 USD, which suggests that the market is looking for direction. We are observing moderate volume, which may indicate a temporary lack of decisiveness among investors. Short-term support is at 62,500 USD, and resistance is at 62,800 USD. Breaking through these levels may set the direction for the upcoming hours.

Options data indicates a very bullish sentiment with a put/call ratio at 0.40. The greatest interest in call options is observed at levels of 35 USD (+1.4% from ATM) and 36 USD (+4.3% from ATM). On the put options side, key supports are at 31 USD (-10.1% from ATM) and 30 USD (-13.0% from ATM), with high open interest. Max pain at 31 USD suggests that the market may try to stay above this level, which aligns with the bullish sentiment.

Analysis indicates a bullish bias in BTCUSD, supported by options data. Key resistance levels are 63,000 USD and 65,000 USD, while support levels are at 62,000 USD and 60,000 USD. Sentiment is positive, but macroeconomic data and overall fear sentiment may introduce volatility. The current structure suggests the possibility of further increases if key resistances are broken.

On the daily chart of Ethereum, we observe consolidation after a previous decline. The current price is around 1763 USD. Key support is located around 1700 USD, and resistance at 1800 USD. The 50-day moving average is above the current price, which suggests possible downward pressure. The RSI is neutral, which may indicate a lack of a clear trend in the near future.

On the 4-hour chart of Ethereum, there is an attempt to bounce off the level of 1700 USD. The price is approaching resistance at 1800 USD. The trend appears to be slightly bullish, however, the trading volume is low, which may indicate a lack of strong interest from buyers. The MACD is approaching the signal line, which may suggest a possible upward movement.

The hourly chart shows that Ethereum is in a short-term uptrend. The price has bounced off the support level at 1720 USD and is approaching resistance at 1765 USD. The RSI indicates slight overbought conditions, which may suggest a short-term correction. We are observing increased volume during the rises, which may support further increases.

On the 15-minute chart, the price of Ethereum is bouncing off local support at 1750 USD. The fast moving averages indicate a continuation of the upward trend. The current resistance is at 1765 USD, which may be tested soon. The RSI is in the neutral zone, which may suggest a temporary stabilization.

Option data indicates a very bullish sentiment with a low Put/Call ratio of 0.24. The highest interest in Call options is at the levels of 14 USD and 15 USD. Support for Put options is at the levels of 12 USD and 10 USD. The Max Pain level is 12 USD, suggesting that most options expire worthless at this price. A high number of open Call positions may indicate expectations of further price increases.

Ethereum shows short-term signs of growth, but the long-term trend remains uncertain. Key levels are 1700 USD as support and 1800 USD as resistance. Options data suggests bullish sentiment, however, the Fear & Greed index indicates fear in the market. Monitoring volume and reactions to key price levels will be crucial for determining the further direction.