Morning view on August 2:



The 1-hour chart of Bitcoin shows that the downtrend may continue, but the support level at 112660 may trigger a certain technical rebound. From the combination of patterns and indicators, it is likely that the market will remain in a weak oscillation pattern. However, if it breaks below 112660 and moves down effectively, it may further expand the decline. Weekend operations should focus on rebound adjustments.

Operation Suggestions:

112700-113200, target 114500-115500, defend 112500

Two cakes: 3450-3480 more, target 3600-3650, defense 3420

(The weather is ever-changing, for reference only!)
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