August 2 Morning Thoughts

The downward trend on the Bitcoin 1-hour chart may continue, but support at 112,660 provides some technical momentum for a rebound. Based on the market pattern and indicators, the market is likely to remain volatile and weak. If it breaks below 112,660 and declines significantly, the decline could further increase. For weekend trading, it is recommended to focus on rebounds. Bitcoin Trading Strategy: Pullbacks around 112,060-113,050, with upward potential around 115,560.

Concubine Trading Strategy: Pullbacks around 3410-3475, with upward potential around 3620. $BTC $ETH $BNB #加密市场回调 #以太坊十周年