7.31 Operation Analysis:

Last midnight, Bitcoin encountered an increase in short positions near 118700, falling south to around 115700, and then rebounding to around 117700 with fluctuations.

Ethereum, on the other hand, fell back from around 3830 to about 3676 last midnight, then rebounded to the 3810 line.

Morning Operation Viewpoint:

Bitcoin can be shorted when it rebounds to around 118000-118500, with a target looking towards around 117000.

Ethereum can be shorted when it rebounds to around 3820-3840, with a target looking towards around 3760. $BTC $ETH