This downward trend in the lower band and upward trend in the upper band indicates that although the short-term bearish pattern has not yet completely reversed, the selling pressure below has been alleviated after a rapid release. Especially when the price quickly rebounded to 117400, which coincided with technical buying interest at the lower band position, this also indicates that this area has some support in the short term.

For Bitcoin, it is suggested to pull back to around 116980-117650, with a target above of around 118650.

For Ethereum, it is suggested to pull back to around 4445-4475, with a target above of around 4780 leading to #美国7月PPI年率高于预期 $BTC #BNB创新高 $ETH .