August 2nd Bitcoin Evening Market Thoughts:

From the current market observation, although the bears still dominate, the downward momentum has significantly weakened, and the price is in the oversold range, indicating a potential short-term rebound and repair demand.

Evening operation suggestions should focus on buying low and selling high:

• Bitcoin can be positioned for long positions in the 1120-1130 range, with a target towards the 1160-1170 area, and be sure to take profits and exit in a timely manner. $BTC $BTC