Bitcoin

The price rebounded from the low of $112,724 on August 2 to $113,682, but failed to hold above the key resistance level. On August 3, it dipped again to $112,584.

Resistance: $115,000-$115,800 (MA99 average line resistance), breaking through this range may confirm the rebound.

Support: $112,000-$113,000, if broken, it may drop to $110,000.

Ethereum

The price plummeted to $3,430 before slightly recovering to $3,448, hitting a low of $3,414 on August 3 (24-hour decline of 3.73%).

Resistance: $3,460 (MA25 average line) and the psychological barrier of $3,500; it needs to hold above these to alleviate the downward trend.

Support: $3,400 is the breaking point; if broken, it may accelerate downward to $3,300-$3,200.

$BTC

$ETH

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