Evening Market Analysis on July 31

Daytime Market Review: Today is the last day of the month, and the daytime market continued the bullish trend from early morning.

Bitcoin rose from around 117400 to around 118900, currently oscillating near 118500.

Ethereum rose from around 3740 to around 3878, currently oscillating near 3860.

On the four-hour level, the bullish increment gradually approached the upper limit and is facing pressure.

On the hourly level, the current bullish momentum is shrinking, showing three consecutive bearish candles.

Evening Suggestions

Bitcoin: Short near 118800, targeting around 117800-117300.

Ethereum: Short near 3880, targeting around 3815-3780 #比特币 #以太坊合约分析