0801 Daily Update: Trump's impact on the market has begun, and the market has found direction. Bulls can only eat rebounds as the market digests.
$BTC Opinion: Bitcoin is already close to the low for the day; shorting is not appropriate. Anyway, there is no position. Last time there was a rebound around 114800, this time there are still opportunities around 113700 for a rebound. The target is about 11600-11700; it's time to exit because the market is now encountering significant downward pressure and major support. Support can lead to a rebound, but if it continues to fall, then the market will test lower.
$ETH Opinion: Ethereum still follows a major upward logic. Under the current upward logic, there will be several levels of support, with the most recent being around 3550-3580. Basically, entering the market on the right side when it's near can work. The upper pressure is around 3720, but it may not be that strong. If there is profit, it's essential to secure the principal and take profits.