Evening Operation View on July 31

Today is the last day of the month, and the current market can be seen as a correction phase of the upward trend. During the day, the price dipped to 118900 and then entered a state of continuous fluctuations. In such a market, we must remain cautious, closely monitor key positions, and wait for right-side trading opportunities.

For Bitcoin, we provide the following operational suggestions: if the price declines to around 117900 - 116600, it may be a good entry point, followed by a potential upward trend, with target price levels around 119200 - 120300.

At the same time, we need to pay close attention to the key support level of 115500 below; if this position is breached, it may trigger further downward movement; above, we focus on 121000, and if it can break through effectively, it may open up a new round of upward space.

Looking at Ethereum, we suggest paying attention to its price declining to around 3800 - 3740, as this may present an upward opportunity, with target price levels around 3890 - 3930. This conclusion is based on the current market's long and short forces and technical analysis.