On August 1st, let's talk about the situation with Erbing.
Looking at the 1-hour chart, the bearish momentum is quite strong, and the price is currently stuck at the lower Bollinger Band. The MACD death cross is still widening, and the TD indicator is still counting in the oversold range. It's clear that currently, the bears have the upper hand.
This downward trend is likely to continue; if the support level at 3590 cannot hold and is broken, it may drop further. Everyone should pay close attention to see if there will be any signs of a rebound or correction in the market. #CryptoCircle#
As for operations, here's a reference: consider going long in the range of 3630 to 3650, aiming for 3780 to 3880, with a stop loss set at 3600.
(This is just a suggestion; it still depends on how the real-time market moves!)