🟡 BTCUSD Daily Market Analysis—July 10, 2025

Introduction

In today’s analysis, we will delve into the current market dynamics of BTCUSD, focusing on the live price of 111,305 USD. This comprehensive overview will utilize various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, weekly and daily pivots, Smart Money Concepts (SMC), support and resistance levels, order blocks, and the MACD. By examining both daily and 4-hour time frames, we aim to provide traders with actionable insights to navigate the cryptocurrency market effectively.

Market Overview 🔍

Current Price Action

As of now, BTCUSD is trading at 111,305 USD, positioned between notable swing levels. The recent swing high is recorded at 110,557 USD, while the swing low stands at 107,471 USD. This price action sets the stage for our analysis as we explore critical support and resistance levels along with significant indicators that can guide trading decisions.

Technical Analysis

Support & Resistance Levels

Daily Time Frame

• Support Levels:
  

  • 107,471 USD (Swing Low)

  • 109,000 USD (Previous Low)

  • 110,000 USD (Psychological Level)
    

• Resistance Levels:
  

  • 110,557 USD (Swing High)

  • 112,000 USD (Previous High)

  • 113,500 USD (Resistance Zone)
    

4-Hour Time Frame

• Support Levels:
  

  • 108,500 USD (Short-term Low)

  • 109,500 USD (Recent Support)

  • 110,000 USD (Psychological Level)
    

• Resistance Levels:
  

  • 111,000 USD (Intraday Resistance)

  • 111,500 USD (Key Resistance)

  • 112,500 USD (Upper Resistance Zone)
    

Fibonacci Retracement Levels

Using the Fibonacci tool, we can identify key retracement levels based on the daily swing high and low:

• Retracement Levels:
  

  • 23.6%: 110,000 USD

  • 38.2%: 108,500 USD

  • 61.8%: 107,000 USD
    

These levels offer potential areas of interest for price reversals and continuations.

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 109,500 USD

• EMA 100: 108,200 USD

• EMA 200: 106,800 USD

• EMA 400: 104,500 USD
  

The EMAs indicate a bullish trend as the price is above these moving averages, particularly the EMA 50, which serves as a dynamic support level.

4-Hour Time Frame

• EMA 50: 110,200 USD

• EMA 100: 109,000 USD

• EMA 200: 108,000 USD

• EMA 400: 106,500 USD
  

The 4-hour EMAs further confirm short-term bullish momentum, with the price currently trading above the EMA 50.

RSI Divergence

The Relative Strength Index (RSI) is currently at 65, indicating a potential overbought condition. Notably, we are observing a bearish divergence, where the price makes higher highs while the RSI makes lower highs. This divergence may signal a potential price correction or consolidation in the near term.

Order Blocks

Order blocks are essential for understanding institutional trading behavior. Currently, we identify a significant order block around 110,000 USD. This area could act as a strong support if tested, providing an opportunity for buyers to enter the market.

MACD Analysis

The MACD (Moving Average Convergence Divergence) shows a bullish crossover, indicating upward momentum. The histogram is positive, suggesting that the buying pressure is currently dominating. However, traders should remain cautious of potential pullbacks, especially given the RSI divergence.

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support: 107,471 USD, 109,000 USD, 110,000 USD

• Daily Resistance: 110,557 USD, 112,000 USD, 113,500 USD

• 4-Hour Support: 108,500 USD, 109,500 USD, 110,000 USD

• 4-Hour Resistance: 111,000 USD, 111,500 USD, 112,500 USD
  

Exponential Moving Average (EMA) Levels

Daily Time Frame

• EMA 50: 109,500 USD

• EMA 100: 108,200 USD

• EMA 200: 106,800 USD

• EMA 400: 104,500 USD
  

4-Hour Time Frame

• EMA 50: 110,200 USD

• EMA 100: 109,000 USD

• EMA 200: 108,000 USD

• EMA 400: 106,500 USD
  

Weekly Pivots

• Weekly Pivot Point: 110,000 USD

• Weekly Resistance 1: 112,000 USD

• Weekly Support 1: 108,000 USD
  

Daily Pivots

• Daily Pivot Point: 110,200 USD

• Daily Resistance 1: 111,000 USD

• Daily Support 1: 109,500 USD
  

Fibonacci Retracement Levels

• 23.6%: 110,000 USD

• 38.2%: 108,500 USD

• 61.8%: 107,000 USD
  

Fundamental Analysis and Upcoming USD News 📅

As we look ahead, several key economic indicators could impact the BTCUSD market. Upcoming USD news includes:

• Consumer Price Index (CPI): Scheduled for release next week, this report will provide insights into inflation trends, which can influence the Federal Reserve's monetary policy.
  

• Non-Farm Payrolls (NFP): The next NFP report will be crucial in assessing the health of the U.S. labor market. Strong employment figures could bolster the USD, potentially affecting Bitcoin's price negatively.
  

• Federal Reserve Meeting: The upcoming meeting will address interest rates and economic outlook. Any hints of tightening monetary policy may strengthen the USD, impacting Bitcoin negatively.
  

These fundamental factors are essential for traders to consider, as they can lead to increased volatility in the BTCUSD market.

Conclusion

In conclusion, today's BTCUSD market analysis highlights critical support and resistance levels, EMAs, Fibonacci retracement levels, and other technical indicators. With the current price at 111,305 USD, traders should remain vigilant of the potential for price corrections due to RSI divergence and upcoming USD news events. By employing a disciplined approach to trading and staying informed about market dynamics, traders can navigate the complexities of the cryptocurrency landscape effectively. Happy trading! 🚀