Morning Opinion on August 2:
On the 1-hour chart of Bitcoin, the downward trend may continue, but the support level at 112660 may trigger a certain technical rebound. From the combination of patterns and indicators, the market is likely to remain in a weak oscillating pattern. However, if it breaks below 112660 and moves downward effectively, it may further expand the decline. In terms of operations over the weekend, the focus will be on rebound adjustments.
Operation Suggestions:
Buy at 112700-113200, target 114500-115500, with a stop loss at 112500.
For Ethereum: Buy at 3450-3480, target 3600-3650, with a stop loss at 3420.
(The market is ever-changing, for reference only!)
