There have been many events these past few days, everyone should be cautious!

Ethereum's tenth anniversary, the Federal Reserve meeting, and the arrival of the tariff deadline on August 1st.

Looking at Bitcoin from the chart, this week is still in a range, repeatedly rising to a high before pulling back down, and a new direction is about to emerge. It's been several days of consolidation at a high level; since the peak of 1230 on July 14th, it has been 15 days.

Last night, after piercing 1172, it closed back. We canceled our order at 1172 yesterday, which is a pity. Tonight, we will still focus on the support at 1172. If it breaks down and then closes back, we will consider going short; if it doesn’t close back, we will think about catching a long position on the rebound below.

Ethereum has recently enjoyed moving up and down. Fortunately, our rhythm has been good, going long when it drops and shorting on the rebound. Tonight, let's pay attention to both ends, around 3700 below and 3930 above.