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Bitcoin holds near $61,700 and Ethereum gains 6.4% as traders watch key weekend levels and 200-day moving average.

Technical Signals
03 Jul 2026
The Currency Analytics
View Source
Neutral
Bitcoin holds near $61,700 and Ethereum gains 6.4% as traders watch key weekend levels and 200-day moving average.

Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altcoins. Traders are closely monitoring support and resistance levels, especially the 200-day moving average, which remains a critical trend indicator. Position management is key this weekend as volatility and potential gaps encourage reduced exposure and tighter stops. Ethereum's recent strength will be a key signal for market direction into next week.

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