Bitcoin may rebound before falling again, Ethereum can try to go long.

On the 1-hour level, Bitcoin may continue to decline for a while, but if the pullback is not large, it is expected to see a 1-hour rebound in the next couple of days, likely resulting in a local high, after which it will decline again, with the next target at 111000.

From a short-term 15-minute level perspective, the previous decline has completed three waves, and the rebound during the day has been weak, currently still in decline. If it does not break below 116803, a buying point may appear, initiating a new 1-hour rebound; if it breaks below, the decline will continue. If it does not accelerate downwards, a rebound can be expected in the next couple of days. A prudent approach is to wait for the rebound before considering shorting.

On the 1-hour level, Ethereum's decline has completed and has retraced to the 4350~4400 range. If it can stabilize, it is expected to initiate a 1-hour rebound and may break through 4788 again. Trying to go long is possible, but a stop-loss should be in place to prevent continuation of the decline.

Trends across various timeframes: Weekly trend is upward; Daily and 4-hour levels are downward; 1-hour level for Ethereum is expected to rebound, Bitcoin may rebound before falling; 15-minute level for Bitcoin is still in decline, need to observe the strength. $BTC $ETH #美国7月PPI年率高于预期