July 31 BTC/SOL/ETH Market Analysis: The Big Pie Begins Its Second Northern Expedition

Always going long has been great; the supports we provided for the Big Pie's E have shown some rebound strength. We are still holding onto our long positions. The last day of this month has passed, marking the start of the Northern Expedition in August!

$BTC The short-term support for the Big Pie today is at 117200, but the current trend has already broken through the downtrend line, so a pullback may not be very deep, with 117800 being another short-term support. If there is a deeper pullback, we will focus on the two support levels of 116600 and 116000. The rebound resistance is between 119150 and 119600. Those trading short-term can refer to the resistance levels for profit-taking, but we want to think bigger!

$SOL Yesterday we said that support would be significant at 172; it hit a low of 170 this morning and has begun to rebound. The hourly chart needs to close above 183 for the bulls to regain strength and challenge the resistance levels of 188 and 193! Otherwise, the support remains between 174 and 172.

$ETH E also reached the 3695 position we provided yesterday, and it's already nearly up 200 points. Currently, the short-term support is at 3820; as long as this position holds, the bullish momentum remains. The upper resistance is at 3892 and 3930. If it breaks below 3820, the support levels will be at 3745 and 3710.

The market will change direction at the beginning of August. As for the direction, we emphasized being bullish this week, and now it's time to hold onto our long positions and wait for the fruits of victory! #以太坊十周年 #美联储利率决议