Good morning, I wonder how everyone did yesterday. After a good night's rest, I feel much better. Today, I’ll be live streaming for everyone in the afternoon, alright? Currently, we are at the low position we talked about yesterday, looking for support to rebound and recover. Did anyone catch this long position?

From the current market situation, the trend is in a recovery phase after a rapid decline. After a series of strong upward movements, the bullish momentum has somewhat weakened, and profits are being taken, which has directly triggered a phase adjustment in the coin price.

From the daily level analysis, the market has seen a certain pullback, retracing the gains of the previous two days. The price touched the middle band of the Bollinger Bands but did not rebound as expected; instead, it continues to test the support level downwards, indicating a relatively cautious buying attitude.

Looking at the 4-hour level, several consecutive K-lines have formed longer lower shadows, indicating that there is certain buying strength below. However, it has not yet broken through the upper pressure level, so let’s see if it can break through in the short term.

From a more microscopic 1-hour level observation, the current price is operating within a descending flag formation range, with short-term resistance near the trend line formed by connecting previous highs. Let's take a high short and low long position and see if we can break through the upper range, alright?

For Bitcoin, pay attention to trying short positions near 119000-119800 above, and watch for support at 117300 below. Let's take a high short and low long position, alright?

For Ethereum, you can try shorting around 4680-4700 and pay attention to support here at 4480, alright? $BTC #美国7月PPI年率高于预期 $ETH #BNB创新高