$BTC Price:

Likely to retest the $60,300 zone.

Two possible scenarios:

Scenario 1: Price breaks above this zone, creates a fake breakout signal, retests, and continues to rise.

Scenario 2: Price faces resistance at the $60,300 zone and continues to decline to $52,000 - $53,000.

Recommendations:

Hold altcoins purchased when the price dropped to $53,400.

Monitor the 1H timeframe for short-term trading (scalping) strategies for BTC.

Note: BTC.D variable is difficult to predict and can impact altcoin investments.

Altcoin Plan:

$ALT :

Buy ALT for the long term at the current price.

Alternatively, buy when the price rises to $0.15-0.16 USD and buy at the correction around $0.12-0.13 USD.

$SEI :

Accumulate SEI for the long term at the price range of $0.25-$0.30 USD.

Macroeconomic News to Watch:

Thursday, July 10:

9:00 PM PST: Fed Chairman Jerome Powell testifies on economic outlook and monetary policy.

Friday, July 11:

4:30 PM PST: Initial Jobless Claims data release.

4:30 PM PST: Consumer Price Index (CPI) data release.