Evening outlook on August 2:
For the 4-hour chart of Bitcoin, the current doji and three outside up/down reversal patterns indicate a short-term consolidation or rebound; the lower Bollinger Band support is quite evident, but the overall trend still leans bearish; the MACD indicator shows that bullish strength is gradually increasing, but it has not fully taken dominance yet, so the market still needs to be observed.
Trading suggestions:
Buy between 113000-113500, target 114500-115500, stop loss at 112700
For Ethereum: Buy between 3480-3500, target 3600-3650, stop loss at 3450
(The situation in the market is ever-changing, for reference only!)
