From the current trend of BTC, it is still slowly grinding down. Although there may be occasional rebounds in the short term, the overall direction has not changed and leans towards a decline.

From the current trend of BTC, it is still slowly grinding down. Although there may be occasional rebounds in the short term, the overall direction has not changed and leans towards a decline. Ethereum is similar; the 3600 point level cannot hold, and it may quickly fall back to around 3500. The overall trend is also a downward fluctuation. Overall, the market has not yet bottomed out; it may continue to move down in August. Don't expect an immediate rebound; we need to patiently wait to see where the next low point is!